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Shell to Cut About 20% of Jobs in Deals Team Amid Push for Cost Savings

(Bloomberg) Shell Plc will eliminate at least 20% of jobs in its deals team as the company continues to restructure its business units in an effort to reduce costs, according to people with knowledge of the matter.Most Read from BloombergStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapEx-Wall Street Banker Takes On AOC in New York Democratic PrimaryChina Has Never Canceled This Many Shipments of US WheatUnited Tells Boeing to Stop Making Its Long Delayed Max 10sTrump Wins Repub

Sinead gormanWael sawanBloomberg businessweekBloomberg shell plcChief executive officer wael sawanChief financial officer sinead gormanBusiness unitsShell plc

Shell to cut about 20% of jobs in deals team amid push for cost savings

“Shell aims to create more value with less emissions by focusing on performance, discipline and simplification across the business,” a spokesperson said.

Sinead gormanWael sawanShell plcChief executive officer wael sawanChief financial officer sinead gorman

Big Oil offers record returns to lure investors back | Hellenic Shipping News Worldwide

Big Oil offers record returns to lure investors back | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Sinead gormanOswald clintRon boussoTobias wagnerDavid evansMike wirthExxon mobilBig oilMoody investors serviceChief financial officer sinead gormanVice presidentSenior credit officer

Big Oil offers record returns to lure investors back

Big Oil offers record returns to lure investors back
cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.

Mike wirthOswald clintSinead gormanTobias wagnerExxon mobilBig oilMoody investors serviceChief financial officer sinead gormanVice presidentSenior credit officerCyprus mail

Big Oil offers record returns to lure investors back

Big Oil firms are handing shareholders more money than ever and are promising more going forward in an attempt to reassure investors of their discipline and resilience in the face of an uncertain outlook for fossil fuels. "During a time of geopolitical turmoil and economic uncertainty, our objective remained unchanged: safely deliver higher returns and lower carbon," Chevron CEO Mike Wirth told investors last Friday.

City ofUnited kingdomRon boussoOswald clintDavid evansMike wirthTobias wagnerSinead gormanExxon mobilMoody investors serviceBig oilChief financial officer sinead gormanVice presidentSenior credit officerEnergy sectorBig oil

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