Shell plans job cuts in offshore wind business
CEO Wael Sawan is moving the company away from the capital-intensive renewable energy sector. Read more at straitstimes.com.
Source: straitstimes.com
Melissa Read News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Melissa Read. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Melissa Read Today - Breaking & Trending Today
Shell plans job cuts in offshore wind business as CEO refocuses on oil and gas
Shell had been spending heavily in offshore wind, aiming to leverage its experience extracting oil and gas at sea to become a leader in the technology. But soaring costs in the sector and a renewed focus on driving returns for shareholders under CEO Wael Sawan has led the company to back away from the energy source.
Source: worldoil.com
Shell to cut jobs in offshore wind unit
Shell is poised to reduce its workforce in the offshore wind division as CEO Wael Sawan shifts the company's focus towards oil and gas.
Source: power-technology.com
WindAction | Shell plans job cuts in offshore wind business
Shell had been spending heavily in offshore wind, aiming to leverage its experience extracting oil and gas at sea to become a leader in the technology. But soaring costs in the sector and a renewed focus on driving returns for shareholders under Sawan has led the company to back away from the green-energy source.
Source: windaction.org
Shell Plans Job Cuts in Offshore Wind Business
Shell is preparing to cut staff from its offshore wind business.
Source: rigzone.com