BP
Exclusive: Shell cuts low-carbon jobs, scales back hydrogen in overhaul by CEO
Shell will cut at least 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO’s drive to boost profits.
Shell will cut at least 15% of the workforce at its low-carbon solutions division and scale back its hydrogen business as part of CEO’s drive to boost profits.
Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East receded.
The head of Exxon Mobil’s shale oil and gas business was arrested at a Texas hotel last week on sexual assault charge.