Royal Dutch Shell will cut as many as 9,000 jobs as Covid-19 precipitates a company-wide restructuring into low-carbon energy. Job reductions of 7,000 to 9,000 are expected by the end of 2022, including around 1,500 people taking voluntary redundancy this year, Shell said Wednesday in a statement. The company sees sustainable annual cost savings of $2

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The South African Petroleum Industry Association (SAPIA) issued the warning on diesel stocks. The body also noted an “opportunistic increase” in petrol demand. This was said to be manageable, despite the strain on supply. Easing lockdown has triggered a “more rapid recovery than expected” for diesel, with demand increasing dramatically. Rationing has been implemented in order

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