UK supermajor Shell is working around the clock with three teams to find ways to reduce capital costs associated with the Gato do Mato development offshore Brazil in a bid to improve the economics of ...

Shell Plc has begun cutting jobs beyond previously announced reductions in its low-carbon division as Chief Executive Officer Wael Sawan seeks to trim costs and be more competitive with US rivals, ...

Oil major Shell has commenced cutting hundreds of jobs, including roles within its low-carbon solutions unit. The layoffs form part of the UK’s oil and gas major’s broader strategy to enhance ...

Shell said in October it will let go around 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO Wael Sawan's drive to boost profits. Shell has ...