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Posts under ‘Shell Job Cuts’

Shell to cut more UK North Sea jobs in 2015

Thursday 26 March 2015 (Reuters) – Royal Dutch Shell (RDSa.L) is planning further job cuts in its UK North Sea oil and gas business in 2015, the company said on Thursday, just a week after a package of tax cuts from the Treasury aimed at encouraging growth in the industry. “Shell UK plans to reduce […]

Why Shell Withdrew Application For Pierre River Oil Sands Project

By: MICHEAL KAUFMAN Published: Feb 24, 2015 at 7:48 am EST Royal Dutch Shell plc (ADR) (NYSE:RDS.A) indicated on Monday that it has withdrawn the application to develop Pierre River Oil Sands in northern Alberta. The oil sands mine was first proposed by Shell Canada in 2007. The Pierre River oil sands are estimated to […]

Royal Dutch Shell slashing North Sea jobs

By John Donovan 250 full time Shell employees and contractor staff in Aberdeen will be culled over the next year.  According to a Shell spokesperson: Shell is reorganising its operations to better serve the needs of its offshore facilities and to build a stronger long-term business in the North Sea. Following staff consultation, Shell expects […]

How Shell’s cutbacks will feel in Houston

Extract from an article by Jordan Blum published by Houston Business Journal on 16 March 2014 Shell is cutting about 400 people — out of about 1,800 total — from its onshore North American operations. But Shell spokeswoman Kayla Macke emphasized that most of those 400 employees will be “redeployed” to other Shell projects. FULL […]

Shell Oil fading

Extracts from an article by Robert Magyar published 15 March 2014 by under the headline: “Shell Oil fading in the Pennsylvania Marcellus” A new analysis of the second half 2013 Pennsylvania Marcellus shale oil and gas production shows the vast majority of Royal Dutch Shell’s 630 wells are under performing compared to its peers. […]

Shell will cut U.S. jobs

Extract from an article by Josh Cain published 14 March 2014 by Houston Business Journal under the headline: Shell will cut oil field spending, U.S. jobs after disappointing shale plays Royal Dutch Shell Plc (RYSE: RDSA), the oil and gas giant with a massive presence in Houston, said on March 13 that it would cut […]

Shell cuts spending in U.S. to lower shale exposure

Extracts from a Reuters article by Karolin Schaps and Dmitry Zhdannikov published 13 March 2014 LONDON, March 13 (Reuters) – Royal Dutch Shell will cut spending by a fifth and lay off staff at its American exploration and production business, the company said on Thursday, in another sign that oil majors are struggling to profit […]

Future Bright For BP and Royal Dutch Shell Shareholders?

Extracts from an article by Rupert Hargreaves published on 4 March 2014 by The Motley Fool One of the problems that these oil majors face is the sheer size of their operations, making it hard to keep track of everything. In particular, it has been estimated that up to 30% of Shell’s assets are not […]

Shell refinery sale puts 500 jobs at risk in Victoria

THE GUARDIAN: Article by Martin Farrer: Wed 19 Feb 2014  Victoria faces another blow to its economy after Royal Dutch Shell reportedly sold Geelong refinery, putting 500 jobs at risk. The oil major sold the asset and its Australian petrol stations to Dutch-owned oil trader Vitol and the Abu Dhabi Investment Council for about $2.4bn, […]

Australia: Shell sells local assets for $2.4bn: report

THE AUSTRALIAN: FEBRUARY 19, 2014 ROYAL Dutch Shell has sold its downstream assets in Australia, including petrol stations and its Geelong refinery to Vitol for an estimated $2.4 billion, Fairfax Media reports. Last month, Shell sold stakes in a gas project in Western Australia for $1.14 billion as part of the oil company’s drive to […]

Shell eyeing job cuts at Geelong Refinery

Shell’s refusal to guarantee the future of its Geelong refinery has led Australian Workers Union Victorian secretary Ben Davis to warn that the company will axe jobs whether it finds a buyer for the asset or not… 16 Jan, 6:57 AM Shell’s refusal to guarantee the future of its Geelong refinery has led Australian Workers […]

Shell sale fuels jobs fears – 600 jobs on the line

UP to 600 local jobs are on the line after Shell announced it is selling the Geelong refinery it opened in 1954. Shell’s Geelong workers and senior management were told the news yesterday morning, just moments before a public announcement that the company was putting the refinery up for sale. While workers were told not […]

No chance for Shell refinery sale: analyst

ABOUT 450 fearful Shell refinery workers in Geelong face a long wait for a lifeline that analysts and unions doubt will ever come. The petroleum giant has announced plans to sell its last remaining Australian refinery, but if it can’t find a buyer by the end of 2014 to keep it open, it may convert […]

Shell puts last remaining Australian refinery on sale, delivering a ‘hammer blow’ to Geelong

Matt Chambers and Stuart Rintoul From: The Australian April 04, 2013 5:30PM ROYAL Dutch Shell is putting its Geelong refinery up for sale, threatening the jobs of more than 500 workers in a city unions say is “already on its knees”. The oil giant says if it can’t sell the refinery, it will consider turning […]

Selection of links to Shell related articles 20 March 2013

Selection of links to Shell related articles kindly supplied by a regular contributor US gets tough on Arctic oil drilling: New Scientist-DRILLING for oil in the Arctic could get a lot tougher. … To resume drilling, Shell will need approval from the federal government and, for the first … PORTER: The earth-shaking promise of shale: […]

Future of Shell Vic refinery in doubt

An executive of Shell has said the future of the oil company’s Geelong refinery is ‘borderline’. Shell global downstream director Mark Williams said the operation of the refinery at Geelong was ‘questionable’ given the challenges faced. ‘It’s borderline,’ Mr Williams told the Australian Financial Review. ‘It depends a lot on how it performs over the […]

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