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CVX to lay off nearly 200 Texas workers in July as part of a global workforce cut of up to 20% by 2026, to reduce costs and ...
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This week, a private arbitration panel in London began hearing the arguments of U.S. supermajors ExxonMobil and Chevron regarding their rights to one of the world’s most lucrative oil projects.
CVX stock has come under pressure in recent months as legal hurdles, Venezuela losses, and falling EPS estimates weigh on its ...
Amid a reduction in its global workforce, Chevron plans to lay off over 200 Midland County employees on July 15.
The company can maintain key infrastructure but is barred from importing oil from the South American country.
Chevron is laying off hundreds in the Permian Basin and globally slashing its workforce by 20% by 2026, while facing mounting ...
Though ExxonMobil believes it will win its Guyana-related arbitration against Chevron and Hess, it will be “business as usual ...
This is likely to be a long legal battle over a valuable oil reserve, which is what every oil company wants. The fight ...
Battle of oil titans Chevron and Exxon over Guyana oil project could impact top energy ETFs. M&A, arbitration, and activist investors add to the stakes.
According to Reuters, Chevron's $53-billion deal to acquire oil producer Hess, intended to give it access to Guyana's lucrative oilfield, is in jeopardy due to a court battle with larger rival ...