Royal Dutch Shell plc has announced the appointment of Wael Sawan as Integrated Gas and Renewable and Energy Solutions (R&ES) Director and Zoë Yujnovich as Upstream Director. Both appointments are effective 25th October 2021. Wael, currently Upstream Director, will remain a member of the Executive Committee in his new role and will continue to be…
Shell New Energies US LLC (Shell), a subsidiary of Royal Dutch Shell plc, announced it has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC (Inspire), a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA. This acquisition advances Shell’s Powering Progress strategy to build and scale renewable and…
Royal Dutch Shell announced its plans to slash up to 9,000 jobs as part of the company’s major overhaul to shift to low-carbon energy. The move will deliver the company an annual cost savings of up to $2.5 billion by 2022, the company stated. The company said that it would cut between 7,000 and 9,000…