Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Shell to cut 10% Of jobs at Canada oil sands project

    Shell to cut 10% Of jobs at Canada oil sands project

    January 10, 2015
    Share
    Facebook Twitter LinkedIn WhatsApp
    Mining trucks at the Albian Sands tar sands project tin Alberta, Canada.
    Mining trucks at the Albian Sands tar sands project tin Alberta, Canada.

    10 January 2015, Calgary, Alberta – Royal Dutch Shell will cut from 5 to 10 per cent of the about 3,000 jobs at its Albian Sands mining project in northern Alberta, a company spokesman said on Friday, but refrained from connecting the move to plunging oil prices.

    Spokesman Cameron Yost said the actual number of job reductions at the Canadian operation had not yet been finalized, adding it would be “well below” 10 percent.

    The cuts were announced to Shell employees internally on Thursday. “It’s not layoffs in the traditional sense of the word,” Yost said.

    “It’s adjustments to the organizational structure.” Albian Sands is the mining portion of Shell’s Athabasca Oil Sands project near Fort McMurray, Alberta, which also includes the 255,000 barrel-per day Scotford upgrader.

    Last February, Shell halted work on its proposed 200,000 bpd Pierre River oil sands mine in Alberta, saying it was re-evaluating the timing of various asset developments.

    Asked whether the reductions were related to the halving of global oil prices in the past six months, Yost said: “Even if oil price had remained stable we would still be looking at these areas of our business.” Global oil prices sank to their lowest level since April 2009 on Friday on persistent worry over a global supply glut.
    *Nia Williams & Peter Galloway – Reuters

    Related News

    ‘Cross-border financial crimes draining billions from West, Central Africa’ 

    Tariff crisis stalls Nigeria’s gas-to-power expansion

    WTO hails Nigeria Customs as continental model for trade facilitation

    E-book
    Resilience Exhibition

    Latest News

    ‘Cross-border financial crimes draining billions from West, Central Africa’ 

    June 29, 2025

    Tariff crisis stalls Nigeria’s gas-to-power expansion

    June 29, 2025

    Oyetola, NIMASA pledge zero tolerance for harassment at sea 

    June 29, 2025

    NCDMB commends Heritage Energy on NOGICD Act implementation, reiterates commitment to HCD

    June 29, 2025

    BPSR applauds NIMASA for championing public service reforms

    June 29, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.