Chevron plans to lay off 15% to 20% of its global workforce to cut $3 billion in costs by 2026, according to an internal memo released Wednesday. Employees were given the option to opt for buyouts ...
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Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...
Trump has announced new tariffs on steel and aluminum, sending oil prices higher despite the potential drop in oil demand the ...
Activist investor Elliott Investment Management LP wants Houston-based Phillips 66 (NYSE: PSX) to spin off its midstream ...
The court win on Monday for Simpson Oil, which owns about 20 per cent of Calgary-based Parkland’s shares, is the latest in a ...
Indian transportation fuel demand is expected to rise in the range of 6%-8% in fiscal year 2026, underpinned by rising ...
One bill that would have required oil companies to help pay for damages from climate-driven disasters failed and another that ...
After a quarter century of lagging behind competitors, British oil giant BP has attracted the attention of big hedge fund ...
European crude prices have slumped to multimonth lows as the continent’s refineries start to take plants offline for regular ...
Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...
Davis: I’m an unlikely person to serve as a living testament to how Texas benefits from our emergence as the nation’s top clean energy producer.
BP has told 39,000 employees that their annual cash bonus will be paid at just 45 per cent of target after a year of poor ...
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