oil company profits

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Latest blogosphere posts tagged “oil company profits”

• Shell reports lower profit, plans job cuts worldwide

  
  Royal Dutch Shell plc .com — Authority: 145
  As part of the plan, 15,000 Shell employees have to re-apply for a smaller pool of jobs, leaving many in limbo until selections are made.
  1 week ago

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  Royal Dutch Shell plc .com — Authority: 145
  
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• Shell Shares Drop As 3Q Profit Fails To Impress

  
  Royal Dutch Shell plc .com — Authority: 145
  LONDON (Dow Jones)--Royal Dutch Shell PLC (RDSB.LN) shares fell 3.4% Thursday after the company posted a 67.6% fall in adjusted third-quarter profit on lower oil and gas prices, disappointing analysts by failing to beat modest expectations.
  2 weeks ago

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  Royal Dutch Shell plc .com — Authority: 145
  
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  Royal Dutch Shell plc .com — Authority: 145
  
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  Royal Dutch Shell plc .com — Authority: 145
  
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• Shell employee numbers cut by 5,000, or around 10% of workforce in restructured divisions

  
  Royal Dutch Shell plc .com — Authority: 145
  "We continue to focus on improving our competitive cost position, simplifying Shell," which has reduced operating costs by $1 billion in the first nine months of the year and will cut employee numbers by 5,000, or around 10% of the workforce in the restructured divisions, Voser said.
  2 weeks ago

• BP’s Hayward Revives Explorer by Cutting Costs, Boosting Output

  
  Royal Dutch Shell plc .com — Authority: 145
  “Under Tony Hayward, the company is on the right track, they are doing everything right,” said Fadel Gheit, director of oil and gas research at Oppenheimer & Co. in New York. “He is cutting costs faster than any other CEO,” at the same time as raising production.
  2 weeks ago

• The oilman who went back to nuts and bolts

  
  Royal Dutch Shell plc .com — Authority: 145
  Outsourcing more activities to China and India is the next stage, and BP appears to be embracing it wholeheartedly — with the recession adding to the opportunity to strike new, long-term contracts. Other oil companies appear to be following BP’s lead, with Royal Dutch Shell — whose results are out tomorrow — ...
  2 weeks ago

• BP Q3 profit halves, beats forecasts on cost cuts

  
  Royal Dutch Shell plc .com — Authority: 145
  Rivals, including Shell, which reports on Thursday, have also put cost-cutting at the center of their strategy.
  2 weeks ago

• Investors May Be In for a Crude Correction

  
  Royal Dutch Shell plc .com — Authority: 145
  Part of the problem for some of these companies is sheer scale, which makes it difficult to significantly add to reserves or production.
  2 weeks ago

• Royal Dutch Shell expected to report a 70 per cent fall in profits to $2.5 billion

  
  Royal Dutch Shell plc .com — Authority: 145
  On Thursday, Royal Dutch Shell, BP’s Anglo-Dutch rival, is expected to report a 70 per cent fall in profits to $2.5 billion.
  2 weeks ago

• Eyes on oil output as majors battle refining slump

  
  Royal Dutch Shell plc .com — Authority: 145
  Anglo-Dutch giant Royal Dutch Shell Plc (RDSa.L), based on the average among some analysts, is expected to show comparable net profit of $2.5 billion, down 69 percent from a year ago.
  2 weeks ago

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