Chevron plans to lay off between 15% and 20% of its global workforce by the end of 2026 as part of a broader effort to reduce ...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut costs and simplify its business, the US oil company said Wednesday.

ExxonMobil is the unrivaled leader of the oil patch. It should continue to lead its peers in the future, fueled by its heavy ...

However, total revenue for the quarter was $83.4 billion, falling short of the anticipated $86.33 billion. Free cash flow of ...

Since 2019, the operator achieved $12.1 billion of cumulative Structural Cost Savings, including $2.4 billion of savings ...

The company plans to build additional units to reach a global recycling capacity ... its EV battery manufacturing operations in the U.S. This will contribute to ExxonMobil’s goal, announced ...

and lower-emission fuels has been underway to align with global sustainability trends. During the fourth quarter, ExxonMobil demonstrated notable performance in its upstream operations ...

Global energy giant ExxonMobil (NYSE:XOM) reported mixed fourth-quarter 2024 results on Friday, Jan. 31. Stronger-than-anticipated earnings resulted in adjusted EPS of $1.67, surpassing market ...