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 (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 ...
Royal Dutch Shell confirmed on Tuesday that it plans to move about 50 New Orleans-based jobs to Houston next year, but said it is committed to keeping its core deepwater operations in the city ...
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 ...
Shell plans to cut hundreds of jobs on its oil and gas exploration and development team, including a significant percentage of workers in Houston, according to a Reuters report. At $9.7 billion, Shell ...
Shell Plc has begun cutting jobs beyond previously announced reductions in its low-carbon division as Chief Executive Officer Wael Sawan seeks to trim costs and be more competitive with US rivals, ...
Just weeks after completing a sweeping downsizing effort that brought job losses in Houston, Royal Dutch Shell, said Thursday it will eliminate 1,000 additional jobs this year amid what CEO Peter ...
LONDON, England (KTRK) -- Shell has confirmed today it is cutting 10,000 jobs worldwide. The company indicated the cuts were coming last month. They blame it on low oil prices, which has cut into ...
Shell has initiated a fresh round of job cuts, beyond the previously announced reduction in its low carbon solutions (LCS) division, as the supermajor eyes significant cost reductions by the end of ...
Shell is planning to outsource most of its global IT operations in a move that will affect thousands of jobs worldwide. The oil multi-national is finalising contracts for AT&T, EDS and T-Systems to ...