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, ...
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 ...
Reuters

Shell cuts dividend for first time since World War Two

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 ...
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 ...
Forbes

How Investors Should Interpret Shell’s First Dividend Cut In 75 Years

Last week Royal Dutch Shell did something that would have been nearly unthinkable at the beginning of this year. The company cut its dividend for the first time in 75 years. This is remarkable ...
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 ...
Nasdaq

Royal Dutch Shell Cuts Dividend for First Time Since World War II. Here's What It Means.

Royal Dutch Shell stock tumbled 6.7% on Thursday as the oil major cut its dividend for the first time since World War II, highlighting the scale of the economic damage being done by the coronavirus ...
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 ...
Bloomberg L.P.

Shell to Cut About 20% of Jobs in Deals Team Amid Push for Cost Savings

Shell Plc will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the ...
Seeking Alpha

Shell to cut 200 jobs at low-carbon solutions unit, part of company overhaul

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 ...
Wall Street Journal

Shell to Cut Up to 9,000 Jobs

An abundance of fossil fuels combined with advances in technology to harness wind and solar power have sent energy prices crashing around the world. WSJ explains how it all happened at once. Photo ...