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29 Αυγ 2024 · LONDON, Aug 29 (Reuters) - Shell (SHEL.L) plans to scale back its oil and gas exploration and development workforce by 20% as CEO Wael Sawan widens his cost-saving drive to the highly profitable...
29 Αυγ 2024 · The restructuring in Shell’s oil and gas units will see hundreds of job cuts around the world, the sources said. Shell’s oil and gas production division, which includes the exploration and ...
10 Σεπ 2024 · Shell plc SHEL, the oil and gas giant, is planning to cut down its workforce by 20%. The job cuts are anticipated to affect the oil and gas exploration staff, per a report by Reuters.
Latest news on the Oil and Gas industry including reports on significant industry changes, such as major discoveries, policy changes, technological innovations, market fluctuations, and environmental issues.
12 Αυγ 2021 · Crude oil held in short term floating storage increased by 4.5 mb to 103.6 mb in July. The 2Q21 crude price rally lost steam in July on fears that new Covid-19 Delta cases and weaker economic indicators could slow the oil demand recovery just as more supply hit the market.
Royal Dutch Shell has said it plans to cut 7,000 to 9,000 jobs as it responds to challenges including the slump in oil demand amid the Covid-19 pandemic. The oil giant said the cuts would be ...
Mass layoffs and heightened cyclicality in employment continue to challenge the industry’s reputation as a reliable employer. US O&G companies laid off about 14% of permanent employees in 2020, and our research shows that 70% of jobs lost during the pandemic may not come back by the end of 2021.
