Royal Dutch Shell Plc  .com Rotating Header Image

Maybe the Shell job cuts should start at the top?

POSTING SAT 13 JUNE 2020 ON OUR SHELL BLOG

Money in the pockets?:

And 8% to 12% currently we don’t even make in our upstream businessBvB… That performance includes the huge over runs on Corrib, Penn Chem, Prelude, multiple other LNG projects, Alaska Fiasco, and many other (not to mention OPL 245).

It is such an embarrassing comparison to ExxonMobil in projects like Liza, which is highly likely to exceed returns Shell is chasing as a utility. Brasil (or Mexico) have the capacity to deliver similar returns to Liza, if there was leadership and strategy for a long term development.

What makes BvB so sure that Shell’s management and culture can exceed the returns of the existing players in the “new energies” this time?

Maybe the job cuts should start at the top… and not the middle where there is some remaining talent left…

This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Comment Rules

  • Please show respect to the opinions of others no matter how seemingly far-fetched.
  • Abusive, foul language, and/or divisive comments may be deleted without notice.
  • Each blog member is allowed limited comments, as displayed above the comment box.
  • Comments must be limited to the number of words displayed above the comment box.
  • Please limit one comment after any comment posted per post.