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) plans to cut 20% from its oil and gas exploration and development workforce, as CEO Wael Sawan widens his cost-saving drive after deep cuts in renewables and low-carbon businesses, ...

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 ...

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 ...

FILE - A sign at a Shell petrol station in London, Thursday, Feb. 2, 2023. Shell has effectively abandoned a plan to cut oil production by 1-2% per year until the end of the decade and instead ...

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 ...

Shell Plc’s new boss said cutting oil and gas output would be bad for consumers, echoing a pivot by other major producers toward fossil fuels and energy security. “I am of a firm view that the world ...

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 ...

A Dutch court on Wednesday ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activism groups, which hailed the ...

Shell reduced its first quarter dividend by 67% from $0.47 to $0.16. It marks the first time since World War II that the Dutch oil giant has cut its dividend, the latest sign of the brutal reality of ...