At the end of 2023, Chevron employed 40,212 people across its operations. A layoff of 20 per cent of total employees would be ...

Brazil’s Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its reserves as it expects output to fall after 2030, a senior executive said on ...

Cooling: U.S. labor cost growth cooled last quarter from a year earlier, reassuring Federal Reserve policymakers that wage pressures are gradually diminishing and no longer a key driver of inflation.

The Nigerian government is in talks with local communities to restart oil production in a region that's previously suffered ...

FILE - A view of the Shell oil company logo above a Shell fuel station in ... to close the valuation gap on its U.S. peers, notably ExxonMobil. Speaking to CNBC, Sawan said the firm was “always ...

A view of the Shell oil company logo above a Shell fuel station in London ... to close the valuation gap on its U.S. peers, notably ExxonMobil. Speaking to CNBC, Sawan said the firm was “always ...

Oil prices declined in 2024 due to macro challenges in China and an increase in supply from the U.S. and non-OPEC (Organization of the ...

Shares in Chevron (CVX) and Exxon Mobil (XOM) were little changed on Monday amid a highly volatile session for crude oil ...

Diane Wilson had heard rumors for months that Exxon might be coming to Point Comfort, Texas, which sits on the Gulf Coast ...

ExxonMobil is the unrivaled leader of the oil patch. It should continue to lead its peers in the future, fueled by its heavy ...