QUOTE(destiny6 @ Mar 18 2015, 09:37 PM)
i mean....u won't know Shell will start kantoi their staff in future....
currently we are downsizing and hopefully i can still keep my job till end of this year at current bad economic timesĀ

Lets be prepared for the worst, I have a bleak outlook for O & G sector in specific and Malaysia business in general.
Shell Retail business has also been bad for many years. NGV vehicles are here and electric cars will also emerge soon.
What SRC said in the letter is to close the refinery and turn it into only storage if refining margin and sales drop, that would
means the capacity is less than 80% and every barrel of crude oil SRC refine end up in loss. The cost reduction SRC mentioned
means the marketing and business support side, then comes the assets sales (like unused equipment and unprofitable Petrol
stations) then refining operation. If you are non technical staff, like the business mgmt side you are vulnerable.
Health, Safety, Security and the Environment HSSE is needed to show the managers are at work in a otherwise
very quiet / little new work then just doing the routines.
This post has been edited by 2malaysia: Mar 18 2015, 11:32 PM