Wednesday, February 10, 2021 5:44:08 PM
9/30/2020
Royal Dutch Shell will slash as many as 9,000 jobs as the oil giant accelerates a shift away from fossil fuels.
The Anglo-Dutch company said Wednesday that it would cut between 7,000 and 9,000 positions by the end of 2022, potentially affecting more than 10% of its workforce. The total includes 1,500 people who have volunteered to leave the company this year.
The job losses are part of an overhaul aimed at cutting costs and simplifying the company's structure as it moves into low-carbon energy. Shell expects the overhaul to deliver annual cost savings of up to $2.5 billion by 2022.
https://www.msn.com/en-us/news/us/shell-to-cut-up-to-9-000-jobs-in-shift-to-low-carbon-energy/ar-BB19yLZw
Royal Dutch Shell
Shell was formed in 1907 through the amalgamation of the Royal Dutch Petroleum Company (Dutch: N.V. Koninklijke Nederlandse Petroleum Maatschappij) of the Netherlands (formerly the Royal Dutch Company for the Exploitation of Petroleum Wells in the Dutch East Indies (Dutch: N.V. Koninklijke Maatschappij tot Exploitatie van Petroleumbronnen in Nederlandsch-Indië)) and the "Shell" Transport and Trading Company of the United Kingdom. Until its unification in 2005 the firm operated as a dual-listed company, whereby the British and Dutch companies maintained their legal existence but operated as a single-unit partnership for business purposes. Shell first entered the chemicals industry in 1929. Shell was one of the "Seven Sisters" which dominated the global petroleum industry from the mid-1940s to the mid-1970s. In 1970 Shell acquired the mining company Billiton, which it subsequently sold in 1994 and now forms part of BHP. In recent decades gas exploration and production has become an increasingly important part of Shell's business.[17] Shell acquired BG Group in 2016, making it the world's largest producer of liquefied natural gas (LNG).[17]
Shell has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It had a market capitalisation of £216 billion at the close of trading on 27 June 2019, by far the largest of any company listed on the London Stock Exchange.[18][19] It has secondary listings on Euronext Amsterdam and the New York Stock Exchange. As of January 2013, Shell's largest shareholder was Capital Research Global Investors with 9.85% ahead of BlackRock in second with 6.89%.[20] According to the CDP Carbon Majors Report 2017, Shell was the ninth-largest corporate producer of greenhouse gas emissions in the period 1988-2015.[21]
https://en.wikipedia.org/wiki/Royal_Dutch_Shell
HYDROGEN FOR FUEL CELL ELECTRIC VEHICLE AND HEAVY-DUTY TRUCKS
Oct 03, 2018
Fuel cell electric vehicles (FCEV), powered by hydrogen, provide long range and fast 3-minute refueling with zero emissions. They are an attractive option for many customers and will play a role alongside battery electric vehicles in a global low-carbon mobility future. Hydrogen fuel cell technology is also highly suited to heavy-duty applications where weight of the powertrain is an important factor.
Collaboration Brings More Hydrogen Stations
Shell currently operates two hydrogen refueling stations in California, located in Newport Beach and Torrance. Additionally, in collaboration with Honda and Toyota, Shell is bringing seven new hydrogen refueling stations to the state; three in the city of San Francisco, and one in each of Berkeley, Sacramento, Citrus Heights and Walnut Creek. The hydrogen refueling stations will be installed in strategic locations within the existing network of Shell-branded retail stations, offering existing and future fuel cell electric vehicle drivers high-quality service with simple and straightforward car refueling in minutes.
https://www.shell.us/about-us/features-and-highlights/hydrogen-for-fuel-cell-electric-vehicle-and-heavy-duty-trucks.html
Shell world headquarters in Haagse Hout, The Hague
https://www.google.com/maps/place/52%C2%B005'39.8%22N+4%C2%B021'17.3%22E/@52.0242657,5.2123841,6.25z/data=!4m5!3m4!1s0x0:0x0!8m2!3d52.0944!4d4.3548
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=158830848
Recent NKLA News
- GameStop plunges 11% on stock offering, DJT drops post-debate, GSK fails shingles vaccine trial • IH Market News • 09/11/2024 10:25:41 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/06/2024 08:15:06 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/04/2024 07:09:29 PM
- TOM SCHMITT NAMED CHIEF COMMERCIAL OFFICER OF NIKOLA CORPORATION • PR Newswire (US) • 08/27/2024 08:05:00 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/19/2024 08:51:02 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/19/2024 08:45:03 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 08/19/2024 08:29:29 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 08/19/2024 01:27:09 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/19/2024 01:17:10 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/19/2024 01:16:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/19/2024 01:12:30 PM
- Form 424B5 - Prospectus [Rule 424(b)(5)] • Edgar (US Regulatory) • 08/19/2024 01:11:11 PM
- NIKOLA STRENGTHENS SOUTHERN CALIFORNIA HYDROGEN INFRASTRUCTURE WITH NEW HYLA STATION AT TOM'S TRUCK CENTER IN LOS ANGELES COUNTY • PR Newswire (US) • 08/12/2024 12:05:00 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 08/09/2024 08:09:11 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/09/2024 08:04:59 PM
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/09/2024 08:04:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/09/2024 03:28:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/09/2024 01:10:52 PM
- Nikola Corporation Reports Second Quarter 2024 Results • PR Newswire (US) • 08/09/2024 01:05:00 PM
- US Futures Climb Following Thursday’s Rally, Oil Prices Steady • IH Market News • 08/09/2024 09:50:19 AM
- NIKOLA AND ITD INDUSTRIES LAUNCH FIRST HYDROGEN STATION IN ONTARIO • PR Newswire (Canada) • 07/30/2024 10:30:00 PM
- NIKOLA AND ITD INDUSTRIES LAUNCH FIRST HYDROGEN STATION IN ONTARIO • PR Newswire (US) • 07/30/2024 10:30:00 PM
- Nikola Corporation Announces Date for Second Quarter 2024 Results and Webcast and Q&A Platform for Shareholders • PR Newswire (US) • 07/09/2024 12:05:00 PM
- Apple Joins OpenAI Board, Logitech President Opts Out of Reelection, and More News • IH Market News • 07/03/2024 10:59:39 AM
- NIKOLA WHOLESALES 72 HYDROGEN FUEL CELL TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q2 2024, EXCEEDS SALES GUIDANCE • PR Newswire (US) • 07/02/2024 12:05:00 PM
FEATURED Cannabix Technologies and Omega Laboratories Inc. Advance Marijuana Breathalyzer Technology - Dr. Bruce Goldberger to Present at Society of Forensic Toxicologists Conference • Sep 24, 2024 8:50 AM
FEATURED Integrated Ventures, Inc Announces Strategic Partnership For GLP-1 (Semaglutide) Procurement Through MedWell USA, LLC. • Sep 24, 2024 8:45 AM
Avant Technologies Accelerates Creation of AI-Powered Platform to Revolutionize Patient Care • AVAI • Sep 24, 2024 8:00 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM