Yahoo

Shell wins appeal against landmark climate ruling to cut emissions

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, ...
Phys.org

Shell ordered to cut emissions in landmark Dutch climate case

A Dutch court ordered oil giant Shell on Wednesday to slash its greenhouse gas emissions in a landmark victory for climate activists with implications for energy firms worldwide. Shell must reduce its ...
Reuters

Shell to cut jobs and capacity at major Singapore refinery

SINGAPORE, Nov 10 (Reuters) - Royal Dutch Shell (RDSa.L), opens new tab will halve crude processing capacity and cut jobs at its Pulau Bukom oil refinery in Singapore as part of an overhaul to reduce ...
CNBC

Shell to deepen emission cuts following court ruling, CEO says

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 ...
Reuters

Shell to cut asset values by up to $22 billion after coronavirus hit

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 ...
CNN

Shell CEO: We will cut emissions faster but the world needs to use less oil

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 ...
CNBC

Shell plans to cut 9,000 jobs in transition plan

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 ...
Electrek

Court orders Royal Dutch Shell to cut emissions in historic first

A court in the Netherlands today ordered Royal Dutch Shell to cut its carbon emissions by 45% by 2030 from 2019 levels. Previous to the ruling, Shell’s emissions reduction target was 20% by 2030. It’s ...
Forbes

Here’s Why Oil Giant Shell Has Cut Its Dividend For The First Time Since World War II

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 ...
Crude Oil Prices

Shell To Cut 15% Of Its Low-Carbon Jobs

Shell plans to cut 15% of the 1,300 jobs in its Low Carbon Solutions business as it scales back some green energy ambitions and focuses on profitable projects including in the oil and gas sector. The ...
CNN

Shell cuts dividend for first time since World War II as oil demand collapses

Royal Dutch Shell has slashed its dividend for the first time since World War II after profits were wiped out by a historic collapse in oil demand caused by the coronavirus pandemic. The Anglo-Dutch ...