Royal Dutch Shell announced on Wednesday plans to cut up to 9,000 jobs, or over 10% of its workforce, as part of a major overhaul to shift the oil and gas giant to low-carbon energy. Shell, which had ...

Shell will still keep the stake in the Caspian Pipeline Consortium - rather than own it jointly with the sanctioned Russian energy giant, people with knowledge of the matter said ...

A Dutch court has overturned a landmark ruling ordering fossil fuel giant Shell to significantly cut its carbon emissions, in a blow to climate campaigners. In the original 2021 ruling, hailed as “a ...

Shell (NYSE:SHEL) said Wednesday it plans to cut ~15% of the workforce, or ~200 jobs, at its low-carbon solutions division and scale back its hydrogen business as part of its efforts to simplify the ...

Shell (NYSE:SHEL) will eliminate at least 20% of jobs in its dealmaking team as it restructures business units in an attempt to cut costs, Bloomberg reported Wednesday. Staff in the division, which ...

The case for why the job cuts are the right decision for investors. To say it's been an off-year for big oil would be an understatement. Shockwaves of volatility and lower energy demand have rippled ...

MARTINEZ, Calif. (KGO) -- An East Bay refinery wants to modernize its facility and cut greenhouse gases dramatically in the process -- but is the project all it claims to be? Shell wants to get out ...

FILE - Signs at a shell petrol station in London, on Feb. 2, 2023. The head of global energy giant Shell says it would be “irresponsible” to cut oil and gas production at a time when the world economy ...

LONDON (Reuters) - Royal Dutch Shell plans to slash the value of its oil and gas assets by up to $22 billion after the coronavirus crisis hit demand for fuel and weakened the outlook for energy prices ...

Royal Dutch Shell announced on Wednesday that it expects to cut between 7,000 and 9,000 jobs, more than 10% of its workforce, in order to shift to low-carbon energy. The oil and gas giant said that ...

LONDON (Reuters) - Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday in a drastic step to preserve cash as it prepares for a protracted slump in demand for oil ...