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Shell said it is planning to grow its upstream and integrated gas business by 1% annually through 2030, a month after rival BP announced it would invest more in oil and gas in a pivot away from ...
Shell is planning to cut a fifth of its workforce in two oil and gas exploration divisions, as a cost-cutting drive by chief executive Wael Sawan reaches its core upstream business. Around 20 ...
Shell plans to cut hundreds of jobs on its oil and ... and extraction of oil and gas — known in the industry as "upstream" production — made up over a third of the company's annual profits. " ...
Shell SHEL0.32%increase; green up pointing triangle said it is targeting hydrocarbon production growth and plans to further increase shareholder returns as the energy giant outlined its strategy ...
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Shell continues down its path of transitioning away from oil and gas and becoming a green energy company, partly due to political pressure, but also due to geological realities. The inevitable ...
LONDON, Aug 29 (Reuters) - Shell (SHEL.L), opens new tab plans to scale back its oil and ... Shell's oil and gas production division, known as upstream, which includes the exploration and well ...
Van Beurden was no saint, but Sawan has described his approach to bolstering Shell’s value as “ruthless,” openly committing to the companies upstream business in oil and gas. Shell CEO and ...
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