Houston-based Chevron announced it will be reducing its global workforce by 20% as it is seemingly trying to slim costs and ...

Chevron Corporation CVX recently disclosed that its oil and gas reserves have hit a decade low, highlighting the importance of its planned $53 billion acquisition of Hess Corporation’s HES stake in ...

The US introduced large-scale sanctions against the Russian oil and gas sector in early January, targeting Russian oil and gas majors, tankers, traders, oilfield service companies, chief executives of ...

Drilling on a new swath of ultra-deep crude oil wells in the depths of the Taklamakan Desert, Northwest China's Xinjiang Uygur Autonomous Region, has started after the Spring Festival holiday, the ...

Chevron has set a goal to reduce costs by up to $3 billion by 2026, focusing on technology, asset sales, and rethinking how ...

Adnoc Drilling, the Middle East's biggest drilling company, has reported a more than 21 per cent rise in fourth-quarter ...

Chevron will lay off 15 per cent to 20 per cent of its global workforce by the end of 2026, the U.S. oil company said on ...

In the 1920s, oil was becoming a hot commodity in Texas. The success of the Spindletop oil well in Beaumont in 1901 had set ...