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2014-08-13 18:05:00

SHELL WILL CUT 250

SHELL WILL CUT 250

Royal Dutch Shell will cut around 250 jobs at its onshore North Sea oil operations in Aberdeen, Scotland as part of a business restructuring, a spokesman said on Tuesday.

The oil and gas company said the job reductions in Aberdeen will be implemented by the end of 2014 as it "reorganising its upstream onshore operations, to better serve the needs of its offshore facilities and to build a stronger long-term business in the North Sea," a spokesman said.

Shell employs around 4,500 staff at its upstream operations in Scotland as well as an additional 1,000 service contractors.

Shell's announcement follows a similar move in June by Chevron, which announced it would cut around 225 jobs in its North Sea operations. Shell is in the midst of a cost-cutting drive to boost revenue that will include the sale of $15 billion-worth (8.95 billion pounds) of assets around the world, including North Sea operations.

reuters.com

Tags: SHELL, OIL, GAS, SCOTLAND,
SHELL WILL CUT 250 January, 21, 11:55:00

OIL PRICE: NEAR $63

SHELL WILL CUT 250 January, 21, 11:50:00

OPEC CONFORMITY LEVEL 98%

SHELL WILL CUT 250 January, 21, 11:45:00

OIL FOR CHINA: 12.05 MBD

SHELL WILL CUT 250 January, 21, 11:40:00

CHINA'S GDP GROWTH 6.6%

SHELL WILL CUT 250 January, 21, 11:35:00

FLAT US E&P CAPEX

SHELL WILL CUT 250 January, 21, 11:30:00

SAUDI ARABIA INVESTMENT $10 BLN

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Chronicle:

SHELL WILL CUT 250
2019, January, 21, 11:25:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

The 3rd Latin America Energy Forum will address the needs of Latin America's evolving energy sector, exploring the evolution of the region’s energy mix and the role of gas in supporting the increased use of nonconventional renewables.

SHELL WILL CUT 250
2019, January, 21, 11:20:00

FASTEST RENEWABLE GROWING

U.S. EIA - EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years.

SHELL WILL CUT 250
2019, January, 21, 11:15:00

EMIRATES RENEWABLE INVESTMENT AED4.4 BLN

ENA - Mohammed Saif Al Suwaidi, Director-General of ADFD, said, "The Abu Dhabi Fund for Development believes in the vital role the renewable energy sector plays in attaining the sustainable development goals in developing countries. This important sector stimulates economic growth, creates employment opportunities, drives innovation, supports the advancement of other key sectors, and optimises the use of natural resources – all crucial factors in improving people’s lives."

SHELL WILL CUT 250
2019, January, 21, 11:10:00

RUSSIA, SERBIA NUCLEAR

WNN - Russia and Serbia have signed an intergovernmental agreement on cooperation in nuclear energy and a joint statement on strategic partnership for the construction of a centre of nuclear science, technology and innovation.

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