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 ...

To say it's been an off-year for big oil would be an understatement. Shockwaves of volatility and lower energy demand have rippled through global markets. An added threat is the increasing role of ...

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 ...

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 ...

[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 ...

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 ...

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 ...

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, 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 ...