Mike Mozart
Including, by the end of 2020, 1,500 employees will leave Shell of their own free will.
So far, the company employs about 83,000 people, according to FactSet.
Shell said its organizational simplification measures would help achieve $ 2-2.5 billion in annual savings by 2022.
The company also reported that production for the third quarter is estimated at 2.15-2.25 million barrels of oil equivalent per day. This figure includes a loss of 60-70 barrels a day due to hurricanes in the Gulf of Mexico.
The refinery load in July-September was 64-68%. Petroleum product sales are expected to range from 4 million to 5 million barrels per day.
Shell shares rose more than 2% during trading in London on Wednesday. Since the beginning of this year, the company's capitalization has dropped by 55%.
source: ft.com
So far, the company employs about 83,000 people, according to FactSet.
Shell said its organizational simplification measures would help achieve $ 2-2.5 billion in annual savings by 2022.
The company also reported that production for the third quarter is estimated at 2.15-2.25 million barrels of oil equivalent per day. This figure includes a loss of 60-70 barrels a day due to hurricanes in the Gulf of Mexico.
The refinery load in July-September was 64-68%. Petroleum product sales are expected to range from 4 million to 5 million barrels per day.
Shell shares rose more than 2% during trading in London on Wednesday. Since the beginning of this year, the company's capitalization has dropped by 55%.
source: ft.com
