Exxon Mobil Corporation’s XOM acquisition of Pioneer Natural Resources was given the final approval by the U.S. regulatory body, the Federal Trade Commission (“FTC”), on Jan. 17, 2025. In the same ...

During an internal town hall meeting last week, roughly 40,000 Chevron employees were shown a video touting the oil giant's ...

In his nearly four weeks in office, President Donald Trump has unveiled a constant stream of policy priorities in quick succession, from shrinking government, to cutting taxes, to waging a war on ...

The cuts come after Chevron reported a fourth-quarter earnings miss as weak margins dragged its refining business into a loss ...

Chevron has been facing obstacles in recent months since its departure from San Ramon, with production challenges and a legal ...

ExxonMobil is a gigantic energy company, sporting a massive $470 billion market cap. Chevron isn't far behind with a market ...

The oil giant employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees.

The announcement of layoffs at Chevron— the second largest oil producing company in the United States— comes shortly after ...

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

Chevron says it will start this year and be mostly complete by 2026. The move aims to cut costs by more than $2 billion.

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Chevron plans to cut up to 20% of its global workforce as part of a cost-cutting drive following its acquisition of Hess Corp ...