Royal Dutch Shell Plc plans to cut more than 400 jobs in the Netherlands, mainly at its major projects and energy technology operations, as the oil giant shifts its business model in response to lower oil prices, according to an internal document seen by Reuters. A Shell logo is seen reflected in a car's side mirror at a petrol station in west London, Britain, January 29, 2015. The world's second-largest oil company by market capitalization said in a statement responding to questions from Reuters that "approximately 400 (staff) are potentially at risk of redundancy during the last quarter of 2017/first half of 2018". That represents around a quarter of the roles at the department, according to the staff consultation document seen by Reuters. The group employs 92,000 worldwide. "Shell is transforming into a simpler company," a spokesman said, adding … [Read more...] about Shell plans 400 job cuts at Dutch projects and technology department
Shell projects and technology
Business Council for Sustainable Development: Business Orientation and Business leadership
Deputy Prime Minister Nguyen Thien Nhan has recently approved the project to establish Business Council for Sustainable Development sponsored by Vietnam Chamber of Commerce and Industry (VCCI) to assist businesses in implementing orientation and strategy of sustainable development in Vietnam from now to 2020. On this occasion, Vietnam Business Forum's reporter Nam Pham discussed the issue with Dr. Vu Tien Loc, VCCI President. Please tell us the reason to establish Business Council for Sustainable Development? The concept of "sustainable development" started in 1970s. So far, 191 countries in the world have developed sustainable development programmes (also called Agenda 21) nationwide and over 6,500 Agenda 21 of sector and local scales. On August 17, 2004, Vietnam government has approved Strategic Orientation for Sustainable Development in Vietnam. The orientation is a frame strategy including main orientation serving as legal foundation for related ministries, sectors, localities, … [Read more...] about Business Council for Sustainable Development: Business Orientation and Business leadership
Matching Creators and Entrepreneurs
Creative types and business people gathered at the V3 coffee shop in Ho Chi Minh City on Sunday to air ideas and bid for their commercial possibilities. It was the first Viet Nam Idea Exchange, as the event was called, and drew more than 300 artists, designers, engineers, business executives and curious onlookers. Going to the highest bidder: To begin the auction, sculptor Huynh Van Da presented a 1.55-meter-tall vase featuring the cultural symbols of 54 Vietnamese ethnic groups. He offered the vase for VND5.2 million and threw in a suggestion for making money from it. A lot of interest and a bid for the right amount of money came from Le Viet Hai, director of Hoa Binh Construction Company. "These cultural products will make the Vietnamese people and the land better known throughout the world. We really like this idea," he told the artist. Next up was Nguyen Thi Kim Thanh, who brought out a picture made of coconut shells. Titled "Viet Nam, My Fatherland," the picture bore … [Read more...] about Matching Creators and Entrepreneurs
Shell decides to move forward with groundbreaking floating LNG
The Board of Royal Dutch Shell plc has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) project in Australia, building the world's first FLNG facility. The decision means that Shell is now ready to start detailed design and construction of what will be the world's largest floating offshore facility, in a ship yard in South Korea. From bow to stern, Shell's FLNG facility will be 488 metres long, and will be the largest floating offshore facility in the world - longer than four soccer fields laid end to end. When fully equipped and with its storage tanks full, it will weigh around 600,000 tonnes - roughly six times as much as the largest aircraft carrier. Some 260,000 tonnes of that weight will consist of steel—around five times more than was used to build the Sydney Harbour Bridge. "Our innovative FLNG technology will allow us to develop offshore gas fields that otherwise would be too costly to develop," said Malcolm Brinded, … [Read more...] about Shell decides to move forward with groundbreaking floating LNG
New Shell scenarios sharpen focus on future for society, energy
Shell has released new scenarios that explore two possible ways the 21st century could unfold, with dramatically different implications for society and the world's energy system. One scenario sees cleaner-burning natural gas becoming the most important energy source globally by the 2030s and early action to limit carbon dioxide emissions. The other sees solar becoming the top source by about 2070, but with slower action to address the threat of climate change. The New Lens Scenarios, which look at trends in the economy, politics and energy as far ahead as 2100, underscore the critical role that government policies could play in shaping the future. "These scenarios show how the choices made by governments, businesses and individuals in the next few years will have a major impact on the way the future unfolds," said Shell's chief executive officer Peter Voser. "They highlight the need for business and government to find new ways to collaborate, fostering policies that promote … [Read more...] about New Shell scenarios sharpen focus on future for society, energy