Chevron to lay off 20% of global workforce
(Oil Price) – Chevron Corp. (NYSE:CVX) has announced that it will lay off 15-20% of its global workforce and reorganize its business structure. The U.S. oil and gas major announced that it will consolidate its Oil, Products &
Chevron to lay off 20% of global workforce
(Oil Price) – Chevron Corp. (NYSE:CVX) has announced that it will lay off 15-20% of its global workforce and reorganize its business structure. The U.S. oil and gas major announced that it will consolidate its Oil, Products & Gas segment into Upstream and Downstream,
International group fights growing global critical minerals threats
(Oil & Gas 360) – With strategic minerals rising fast on the
Chevron announces senior leadership changes
(Oil and Gas 360) – HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) today announced senior leadership
BP set to scrap renewable energy goal as it boosts oil and gas
(Oil Price) – BP is expected to announce this week that it is
International group fights growing global critical minerals threats
(Oil & Gas 360) – With strategic minerals rising fast on the list of geopolitical risks given the Trump administration’s talk of Canada, Greenland, and Ukraine in his first month in office, miners worldwide are collaborating as never before to
Chevron announces senior leadership changes
(Oil and Gas 360) – HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) today announced senior leadership changes as part of the company’s efforts to simplify its organizational structure, execute faster and more effectively, and be positioned for stronger long-term competitiveness. The company’s Oil, Products
BP set to scrap renewable energy goal as it boosts oil and gas
(Oil Price) – BP is expected to announce this week that it is shifting its focus back to oil and gas, ditching a target to boost renewable energy capacity generation 20-fold by 2030, sources familiar with the new strategy told Reuters on Monday.
Company to watch
Weekly Inventories
U.S. crude oil inventories increase by 4.6 million barrels
Weekly Crude Oil Storage as of February 14, 2025 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 4.6 million barrels from the previous week. At 432.5 million barrels, U.S. crude oil inventories are 3%
Weekly Gas Storage: Inventories decrease by Bcf
Natural Gas Inventories as of February 14, 2025 The EIA has released its natural gas inventory report, showing a net decrease of 196 Bcf as of February 14, 2025. Working gas in storage was 2,101 Bcf as of Friday, Februrary
U.S. rig count increased by 4 as of this week, at 592
This week’s Baker Hughes Rig Count shows that the U.S. had an increase of 4 over last week, resulting in a total count of 592 rigs. Canada had an decrease of 1 over last week, resulting in a total Canadian
