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 ...

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 ...

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 ...

A Dutch court has overturned a landmark ruling ordering fossil fuel giant Shell to significantly cut its carbon emissions, in a blow to climate campaigners. In the original 2021 ruling, hailed as “a ...

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 ...

Royal Dutch Shell announced on Wednesday that it expects to cut between 7,000 and 9,000 jobs, more than 10% of its workforce, in order to shift to low-carbon energy. The oil and gas giant said that ...

[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 ...

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 ...

After decades of exhausting climate change denial, we’re now in the new era of disingenuous corporate environmentalism, all while companies work furiously to delay the demise of the fossil fuel ...

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 ...