Oil giant Royal Dutch Shell has slashed its dividend payment to shareholders by 66%—the first time its cut its dividend since 1945—as coronavirus triggered a dramatic plunge in demand for oil and ...

Add Yahoo as a preferred source to see more of our stories on Google. Green activists called the decision a ‘setback’ for the battle against climate action (Reuters) In the original 2021 ruling, ...

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 ...

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 ...

Shell CEO Ben van Beurden said a landmark Dutch court ruling would accelerate its energy transition strategy. The company was ordered to reduce greenhouse gas emissions by 45% by 2030 from 2019 levels ...

Last week Royal Dutch Shell did something that would have been nearly unthinkable at the beginning of this year. The company cut its dividend for the first time in 75 years. This is remarkable ...

Royal Dutch Shell stock tumbled 6.7% on Thursday as the oil major cut its dividend for the first time since World War II, highlighting the scale of the economic damage being done by the coronavirus ...

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 ...

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 will cut emissions faster than planned after being ordered to do so by a court in The Hague last month. In a statement on Wednesday, the oil company’s CEO Ben van Beurden said he was determined ...

Shell Plc will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the ...

[Stay on top of transportation news: Get TTNews in your inbox.] Shell Plc is set to cut around 20% of its workforce in some oil and gas exploration and development divisions as CEO Wael Sawan works to ...