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 ...

Royal Dutch Shell shares fell on Thursday after the oil company missed profit expectations and announced a three-year, $15 billion (10 billion pound) cut in spending reflecting a steep fall in oil ...

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 ...

Add Yahoo as a preferred source to see more of our stories on Google. Logos of Shell is pictured at a gas station in the western Canakkale province, Turkey April 25, 2016. REUTERS/Murad Sezer/Files ...

In this May 2006 file photo, Royal Dutch Shell's Mars tension leg platform restarts oil production in the deepwater Gulf of Mexico after completing complex repairs following Hurricane Katrina. (Royal ...

Shell plans to cut between 7,000 and 9,000 positions by end 2022, potentially affecting more than 10% of its workforce. The total includes 1,500 people who have volunteered to leave the company this ...

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LONDON (AP) — Energy company Royal Dutch Shell will cut more costs, more quickly than previously planned, as a result of its merger with BG Group Plc this year. The Anglo Dutch company made the ...

Shell's move to cut its dividend by 66 percent has been described by Wood Mackenzie's Tom Ellacott as a 'sensible and prudent action'. Shell’s move to cut its dividend by 66 percent has been described ...

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, which had 83,000 employees at the end of 2019, said that the reorganization will lead to annual savings of $2 billion to $2.5 billion by 2022. Last month it launched a broad review of its ...