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Chevron Faces Setback as Its Well Fails to Yield Commercial Oil
Chevron Corporation CVX, one of the world’s leading oil companies, recently announced that the company did not discover commercially viable hydrocarbon reserves in its Kapana 1X exploration well in ...
France 2441m
Oil giant BP cuts thousands of jobs to slash costs
British energy giant BP on Thursday said it would axe 4,700 staff jobs, or about five percent of its workforce, and is ...
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Shell-CNOOC JV to Expand its Petrochemical Complex in China
Shell plc SHEL recently announced that CNOOC and Shell Petrochemicals Company Limited (CSPC) have jointly taken a final investment decision to expand its petrochemical complex in Daya Bay, Huizhou, ...