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Latest Articles in Royal Dutch
Shell Names Former BHP Boss Mackenzie As Chairman
Mackenzie, a British national born in 1956, will take over as the Anglo-Dutch company undergoes a major overhaul focused on low-carbon businesses and power trading and reducing its greenhouse emissions by mid-century.
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Shell Fuel Sales Fall Drives 16% Drop In Its 2020 Carbon Emissions
Net carbon intensity, the main measure the Anglo-Dutch focuses on in its energy transition strategy, dropped last year to 75 grams of CO2 equivalent per megajoules, a 4% reduction from the 2019
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With Oil Past Peak, Shell Vows To Eliminate Carbon By 2050
Shell's total carbon emissions, which include its own production of oil and gas as well as sales of products to customers, peaked in 2018 at 1.7 gigatonnes. Shell is the world's largest oil and gas trader.
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Shell Profit Drops To 20-Year Low In 2020, Raises Dividend
Shell's annual adjusted earnings dropped to $4.8 billion, down 71% from a year earlier.
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BP's Oil Exploration Team Swept Aside In Climate Revolution
BP is cutting some 10,000 jobs, around 15% of its workforce, under Looney's restructuring, the most aggressive among Europe's oil giants including Royal Dutch Shell and Total.
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Shell To Write Down Assets Again, Taking Cuts To More Than $22 Billion
Shell, the world's largest retailer, said its fuel sales were expected to be in a range of 4 to 5 million barrels per day, roughly similar to the third quarter.
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Shell Increases Dividend After Beating Third-Quarter Forecasts
Shell's adjusted earnings fell 80% to $955 million but easily beat company-provided average analysts forecasts of a $146 million profit.
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Shell Plans To Cut Up To 9,000 Jobs In Transition Plan
Shell, which had 83,000 employees at the end of 2019, said that the reorganisation will lead to annual savings of $2 billion to $2.5 billion by 2022.
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Shell Focussed On Turning Around Troubled Australian Operations
Shell booked $11 billion in writedowns on its gas business, mostly on its Australian Prelude floating LNG (liquefied natural gas) and QGC business, after cutting its long-term oil and gas price outlook.
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Shell Unit Shuts Philippine Refinery As Pandemic Slashes Margins
Singapore's complex refining margin, the bellwether in measuring profitability at Asian refineries, has been mostly negative since March prompting many refiners to cut output or temporarily shutter operations.
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