Shell

Shell Launches Major Cost-Cutting Drive To Prepare For Energy Transition

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and foc...

Shell Avoids Loss With Strong Trading, Wipes $17bn Off Assets

Royal Dutch Shell avoided its first quarterly loss in recent history, helped by a booming trading business, but announced nearly $17 billion in impairment...

Shell CEO Does Not Rule Out Moving Headquarters To Britain

Royal Dutch Shell is not ruling out moving its headquarters from the Netherlands to Britain, the oil company's chief executive Ben van Beurden said in a Du...

Shell To Take Up To $22bn Writedown After Climate Review

Royal Dutch Shell on Tuesday said it will write down the value of its assets by up to $22 billion after lowering its long-term outlook on oil and gas price...

Shell Cuts Dividend For First Time Since World War Two

Royal Dutch Shell cut its dividend for the first time since World War Two on Thursday as the energy company retrenched in the face of an unprecedented drop...

Shell Sets Oil Sector's Broadest Carbon Reduction Plans

Royal Dutch Shell on Thursday deepened its ambition to battle climate change, setting the oil and gas sector's broadest plan to reduce greenhouse gas emiss...

Shell Brings Dutch Oil Refinery Maintenance Forward

Royal Dutch Shell said on Wednesday it would start large-scale maintenance of its Pernis refinery in the Netherlands in mid-April, more than two...

Shell Cuts 2020 Spending, Suspends Share Buyback

Royal Dutch Shell will lower spending by $5 billion and suspended its vast $25 billion share buyback plan in an effort to weather the recent collape in oil...