Shell IT staff disgusted at mega profits
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Union demands talks over job cut plans Union representatives for Royal Dutch Shell's IT workers demanded talks with the firm's top management yesterday over the outsourcing of up to 3,000 jobs at the oil giant.â¦
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In comments accompanying an online petition, workers are airing disappointment, anger and bitterness with I.B.M. over a salary cut affecting 6% of the companyâs U.S. workforce.
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The company's plans to cut up to 3,000 IT jobs highlight pressure as high oil price hits bottom line.
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British energy giant BP&#39;s third-quarter revenues are set to be &quot;dreadful,&quot; the company&#39;s chief executive Tony Hayward told a meeting of BP employees in Houston, the Financial Times reported in an early edition of its Tuesday paper.
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Business & money: Restructuring programme launched last year by chief executive wiped out benefits of record oil prices
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An enormous number of consumer complaints shows investors why this company is hurting.
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Shell, the beleaguered oil giant, has been asked by Nigeria&#39;s Senate to pay $1.5bn (Â£830m) compensation to communities affected by oil pollution in the country.
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Oil giant Royal Dutch Shell reports record annual profits of Â£25.36bn (Â£12.94bn).
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The rising cost of oil production hurt Royal Dutch Shell's earnings betweeen June and September.
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THE senior management of Royal Dutch/Shell is starting a whirlwind tour of shareholders and staff. They aim to boost morale and explain plans to unify the company ahead of the vote on the shake-up at next May&#39;s annual general meeting.
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A BP executive criticises the firm's management style, leaked remarks from the firm's intranet reveal .
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Anglo-Dutch energy giant Shell has allegedly accused the Russian government of concocting an environmental issue concern as an excuse to capture control of its multi-billion dollar Sakhalin gas project.
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Royal Dutch Shell (RDSa.L) posted a  record European company profit of $27.6 billion for 2007, but  lower production and indications of reserves suggest earnings  growth will rely on oil price rises for some years to come.
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Oil giant Royal Dutch Shell reports record annual profits for a UK company, making Â£13.9bn.
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CHICAGO -- This cannot be an easy time for Ann Livermore. When Hewlett-Packard Co. (HP) missed Wall Street's earnings expectations late last week, the blame was placed squarely on the shoulders of the Enterprise Servers and Storage Group, one of the divisions she manages. "Unacceptable" problems within the group cost HP $400 million in revenue and $275 million in operating profit, said HP Chairman and Chief Executive Officer Carly Fiorina just hours before HP announced the sacking of three senior executives within the division.
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ROYAL Dutch Shellâs dual structure has been blamed for troubles ranging from poor management to dodgy oil reserve accountancy. So its decision to meet shareholder criticisms by unifying its two holding companies
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Anglo-Dutch energy giant Royal Dutch Shell said Thursday that third-quarter net profit fell eight percent but still reached almost 6.4 billion dollars (4.5 billion euros) on the back of record high oil prices.