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Shell may cut staff at Gulf Coast refineries, chemical plants

Posted by Bloomberg News July 17, 2009 12:13PM

Royal Dutch Shell Plc, Europe’s largest oil company, may cut additional staff at Gulf Coast refineries and chemical plants to reduce costs.

“We did cost reviews at all our Gulf Coast sites,” said Anne Peebles, a Shell spokeswoman. “I believe impacted employees have already been communicated to. Should future staff reductions occur, employees will be communicated with.”

The review is expected to be completed by the end of the year, according to Peebles, who declined to say how many employees have been let go.

Peebles said Shell’s Motiva plant in Convent, Louisiana, is not for sale. Motiva Enterprises LLC is a joint venture of Shell and Saudi Arabia’s state oil company.

“Shell and Motiva continuously review its portfolio across all businesses,” she said when asked if other Gulf Coast plants were for sale.”

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