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Chevron will lay off 15% to 20% of its workforce — anywhere from 6000 to 8000 personnel — beginning later this year in an effort to trim costs, the US supermajor confirmed on Wednesday.

ExxonMobil has been forced to temporarily curtail oil production from its big Hibernia and Hebron fields offshore eastern ...

Awards will provide employment for thousands of Azeri nationals at yards that have not seen any major orders in last two ...

Long-term outlook for the network to maintain the shipping rate for Kazakh major oil developments remains in doubt ...

Groups such as Sierra Club, Earthjustice, Center for Biological Diversity aiming to stop Trump’s drilling expansion ...

Seatrium on Friday posted a net profit S$157 million for the financial year ended 31 December 2024 — its first full-year ...

ConocoPhillips will sell its interests in the Ursa and Europa fields in the US Gulf and the Ursa Oil Pipeline Company to ...

Despite headwinds, the sector saw specialised portfolio investors moving forward in consolidating their grip over existing ...

London-based Pantheon Resources, which operates in Alaska’s North Slope, has named Max Easley as its new chief executive, ...

The Emirati state giant said on Friday that it has successfully completed the "marketed offering to institutional investors ...

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