Shell is cutting some 2 thousand jobs in the Netherlands. The oil company aims to get rid of 15 to 20 percent of the abut 10 thousand employees working in Amsterdam and Rijswijk as part of a cost cutting plan to cope with the low oil prices
low oil price
Feb 26 '16 14:15
Fugro suffered a 373 million euro loss in 2015, mostly due to the low oil and gas market. And as the market shows no signs of improving, more layoffs seem "inevitable", according to CEO Paul van Riel
Feb 18 '16 08:54
Airline Air France-KLM made its first profit in years in 2015, partly thanks to the low oil price and cheap euro. Last year the airline combination's net profit amounted to 118 million euros, compared to a loss of 225 million euros in 2014
Mar 31 '15 11:52
Dutch exports are boosted by the low rate of the euro and the sharp fall in oil prices. The top three most important export markets for the Netherlands are the United States, Canada and Turkey. This is the first time since 2009 that the US is back in the top three.
