Oilfield service companies making too much profit
Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.
Yeah good for them! If they’re running that weak then they better slash spending else they must’ve been dusted
trolls will be trolling, just saying.
A soon to be ex-Sheller here. They are slashing technical staff, keeping overhead mostly intact. They will cut costs 40% alright, together with the profits too!
Good for them.