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Posts Tagged ‘Shell Job Cuts’

Shell to cut jobs and capacity at major Singapore refinery

Shell to cut jobs and capacity at major Singapore refinery

SINGAPORE (Reuters) – Royal Dutch Shell RDSa.L will halve crude processing capacity and cut jobs at its Pulau Bukom oil refinery in Singapore as part of an overhaul to reduce the company’s carbon dioxide (CO2)emissions to net zero by 2050, it said on Tuesday.

The refinery on Pulau Bukom, a small island in the Southeast Asian city-state, can process 500,000 barrels per day (bpd) of oil and is Shell’s largest wholly-owned refinery worldwide.

Shell has launched a broad review of its business aimed at cutting costs as it prepares to restructure its operations by reducing its oil and gas business and expanding its renewable energy and power division. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell to cut up to 9,000 jobs in low-carbon transition

Shell to cut up to 9,000 jobs in low-carbon transition

By Ron Bousso. 30 Sept 2020

LONDON (Reuters) – 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 83,000 employees at the end of 2019, said that the reorganisation will lead to additional annual savings of around $2 billion to $2.5 billion by 2022, going partly beyond cuts of $3 to $4 billion announced earlier this year. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Thousands of jobs face axe as Shell goes green

Thousands of jobs face axe as Shell goes green

The scale of the job losses at Shell may become clear tomorrow…

Emily Gosden, Energy Editor: The Times

Royal Dutch Shell is preparing to cut thousands of jobs as it nears the conclusion of a global restructuring review designed to position it for the green energy transition.

The Anglo-Dutch oil group could set out the scale of the job losses as soon as tomorrow, when it is expected to issue a trading update ahead of third-quarter results next month.

The update is likely to drive fears that hundreds of roles will be cut in the UK, where about 6,500 of Shell’s 83,000 global staff are based. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell’s Netherlands workforce shrinks

Herald News Services: Saturday March 27, 2010 2:17 AM

Jobs – Royal Dutch Shell Plc’s workforce in the Netherlands declined by 2.8 per cent to 11,323 employees last year after the company announced a restructuring program under new chief executive Peter Voser.

Shell, which vies with BP PLC as Europe’s biggest oil company, terminated the employment of 153 staff, while another 183 left the company, according to a statement on the website of Shell Netherlands. A total of 1,542 employees were reassigned to different locations and jobs. The Hague-based Shell had 11,645 employees in the Netherlands at the end of 2008. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell job cuts – Voser says more may have to go

httpv://www.youtube.com/watch?v=HGeHRE9zCuU

BLOOMBERG INTERVIEW: DAVOS 2010:

Voser Says Shell `More Pessimistic’ on First-Half Demand
royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

More job cuts at ailing Royal Dutch Shell

Times Online

The Sunday Times

// <![CDATA[ // January 31, 2010 By Danny Fortson PETER VOSER, boss of Royal Dutch Shell, will warn of fresh job cuts this week as he reveals sagging profits at the oil giant. Since taking the top job six months ago Voser has cut 5,000 staff. He warned this weekend that the restructuring “may need to go further” as the company battles falling production and a huge cost base. He added: “As part of that, it may also mean that some more people have to go.”
Analysts expect the group to report a quarterly profit of $2.9 billion (£1.8 billion) on Thursday, a 40% drop over the same period last year. This would take its annual profit to $13.4 billion, down 57% on the $31.4 billion it made in 2008 when the oil price hit a record of $147 a barrel.The results will come in stark contrast to rival BP. Analysts expect it to post a profit of $4.8 billion for the quarter, about 75% better than the same time a year ago. The jump is largely thanks to the overhaul initiated by Tony Hayward since he took over as chief executive in 2006.

Peter Hitchens, analyst at Panmure Gordon, said: “The question is, can Voser turn it round and get Shell going in the right direction? The underlying business is still in decline.”

Voser is carrying out a raft of other cost-cutting measures, including the sale of large swathes of its Nigerian oilfields, a plan revealed in The Sunday Times last month.

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royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell May Cut More Jobs says Voser

BusinessWeek Logo

Shell May Cut More Jobs as Energy Demand Recovery Remains Muted

January 29, 2010, 07:22 AM EST

By Fred Pals and Francine Lacqua

Jan. 29 (Bloomberg) — Royal Dutch Shell Plc, Europe’s second-largest oil company, may need to cut more jobs this year to control operating costs as a recovery in energy demand waits until the second half.

“It’s normal in any business that you have to go further and you have to operate your operating expenditure in a very tough way,” Chief Executive Officer Peter Voser said in a Bloomberg Television interview in Davos, Switzerland. “As part of that, it may also mean that some more people have to go read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell transferring thousands of jobs to India, Philippines

It’s unclear how many of Shell’s 13,000 employees in Houston will be affected by the migration plans. Partly, that’s because company officials are still deciding which jobs will stay or go abroad, and are rolling out the plans in phases that run into next year. But at least a few divisions in Houston are preparing to be downsized dramatically.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

November 26, 2009: Peter Voser on Shell Job Cuts

FT: Shell CEO on debt, gas, Iraq, mergers, and more

November 26, 2009 12:01am

The reorganisation “moved very fast” in 2009, Mr Voser said.

For 15,000 posts, people have had to re-apply for their jobs.

About 50,000 people work in the areas affected by cuts, out of Shell’s total workforce of 102,000, and in those affected areas 10 per cent of the staff have gone.

Even in the newly-created projects and technology division, which is a centre of expertise for the group to draw on, 1,800 jobs have been cut from a workforce of 10,000 as duplicated roles are abolished. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

UBS Bd Members Marchionne, Voser To Leave Bank

Voser, meanwhile, who took over the CEO post at Shell in July, is orchestrating a major revamp at the Anglo-Dutch oil giant that includes job and cost cuts.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

I will not talk about about actual numbers of staff… reductions – Shell CEO Voser

"I will not talk about actual numbers of staff, (the) number of reductions, because quite clearly this is not about staff numbers," Voser said.

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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