Sept. 5 (Bloomberg) — Royal Dutch Shell Plc plans to start a series of announcements on job cuts as part of its cost- cutting program, the Financial Times reported, without saying where it got the information.
Posts from ‘September, 2009’
2nd UPDATE: Shell To Unveil More Job-Cut Details Soon – Source
John Donovan, the blogger managing Royaldutchshellplc.com, a Web site critical of the company, said he was told by his sources that staff numbers in the exploration and production division will be cut by 15%.
UPDATE 1-Shell to cut jobs in core exploration unit-website
LONDON, Sept 4 (Reuters) – Royal Dutch Shell Plc (RDSa.L) is planning job cuts of around 15 percent in its core exploration and production unit, a Shell protest website reported on Friday, citing sources inside the oil major. An announcement on a restructuring of the unit, which generates most of Shell’s profit, is due on [...]
More job losses expected in Shell restructuring
Pressure to cut costs and finance new projects could lead to a 10% workforce reduction by the end of the year
Shell set to unveil job cuts
Financial Times By Ed Crooks Published: September 4 2009 20:47 | Last updated: September 4 2009 20:47 EXTRACTS Mr Voser wrote to staff this week, in an e-mail seen by the Financial Times, that, during August, managers had worked hard at redesigning the rest of their affected organisations or adapting and accelerating their own change [...]
Shell to cut jobs in core exploration unit-website
Fri Sep 4, 2009 11:03am EDT LONDON, Sept 4 (Reuters) – Royal Dutch Shell Plc (RDSa.L) is planning job cuts of around 15 percent in its core exploration and production unit, a Shell protest website reported on Friday, citing sources inside the oil major. An announcement on a restructuring of the unit, which generates most [...]
Email to Shell on Imminent EP Job Cuts Announcement
EMAIL TO RDS PLC COMPANY SECRETARY AT 9.46am TODAY (Previous email sent yesterday) Dear Mr Brandjes Further to my previous email on this subject, we intend to publish an article later today containing the information set out below, which is based on further insider information subsequently received. An announcement on the new EP organisation under [...]
Shell To Unveil More Job-Cut Details Soon – Source
THE WALL STREET JOURNAL 4 September 2009 15.20 BST LONDON (Dow Jones)–Royal Dutch Shell PLC (RDSB.LN) has told staff to brace for an acceleration of its restructuring plans, which will result in substantial job cuts, a person familiar with the matter said Friday. The cuts point to a broadening of the cost cutting program introduced [...]
Shell EP staff to be cut by 15%?
By John Donovan Interesting times for Shell. Yesterday, Standard & Poors announced a downgrading in the credit rating of Royal Dutch Shell Plc. Today, The Wall Street Journal published an article concerning Shell’s 2 billion rescue package for its Dutch Pension Fund. Now there is news of more job cuts. An announcement on the new [...]
Email To Michiel Brandjes: Section 7 (1) of the Data Protection Act
I formally request that you please send me the information which I am entitled to under section 7 (1) of the Data Protection Act 1998 in relation to my dealings with Shell since the act came into force. This is to include all documents, reports, communications, correspondence, transcripts and any other information held by Shell, which contain my name, or information which relates to me.
Royal Dutch Shell pumped in 2 billion in rescue payments to its Dutch pension fund
Oil giant Royal Dutch Shell pumped in 2 billion in rescue payments to its Dutch pension fund during the second quarter as it recovered to the 105% minimum funding level on June 30.
BP lobbied Jack Straw before he changed mind over Lockerbie bomber
Jack Straw was personally lobbied by BP over Britains prisoner transfer agreement with Libya just before he abandoned efforts to exclude the Lockerbie bomber from the deal. The Times has learnt that the Justice Secretary took two telephone calls from Sir Mark Allen, a former M16 agent, who was by then working for BP as a consultant, on October 15 and November 9, 2007.
Mounting debt leads to Shell rate cut
Supermajor Shell long-term credit rating was cut to AA from AA+ by Standard & Poors Ratings Services, which cited the prospect of rising debt.
S&P Cuts Shell Rating One Notch As Debt Builds: downgrade a blemish on Shell’s record
THE WALL STREET JOURNAL: LONDON (Dow Jones)–Ratings agency Standard and Poor’s Thursday downgraded its rating on debt issued by Royal Dutch Shell PLC (RDSB.LN) one notch to AA from AA+, saying the company’s decision to maintain high capital expenditure and dividends despite pressures on cash flow is resulting in sizeable increases in debt. S&P also expressed concern over the size of the deficit in Shell’s pension scheme, which stood at $25 billion at the end of 2008.
Shell slammed for breaching environmental legislation
Written by Lauren Steadman Petrochemical company Shell has been cited for violating environmental legislation for a second time in less than a year. The US Environmental Protection Agency (EPA) has issued both a complaint in which it proposed a penalty of $153,057 (£93,795) and a compliance order against Shell Chemical Yabucoa in Puerto [...]


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