
Chevron to cut 15–20% of workforce by 2026, impacting 9,000 employees
Chevron has announced plans for a significant workforce reduction, targeting a 15%-20% reduction by next year as part of its cost-cutting strategy.

Chevron has announced plans for a significant workforce reduction, targeting a 15%-20% reduction by next year as part of its cost-cutting strategy.

Britain, with significant potential for wind generation, will see a third of its offshore wind farms end by 2035

Shell’s recent projections indicate that global demand for liquefied natural gas is set to grow in the coming years, while gas demand will likely increase more gradually, and oil may peak early next decade.

India is on track to more than double its liquefied natural gas (LNG) imports by 2030, according to new report from the International Energy Agency (IEA).

TotalEnergies has agreed to supply Indian oil and gas firm Gujarat State Petroleum Corporation (GSPC) with 400,000t of LNG per year from 2026.

The US Department of Energy has approved a loan guarantee for the expansion of Calumet’s sustainable aviation fuel (SAF) refinery in Montana.

Elliott Investment Management has reportedly acquired a stake exceeding $2.5bn in Phillips 66 and plans to advocate for operational changes, including the sale of the company’s midstream business.

bp is set to expand its operations in the Shah Deniz gas field offshore Azerbaijan, with the addition of six new wells.

Woodside Energy and the government of Trinidad and Tobago have reached a preliminary agreement on the commercial terms for the development of the Calypso deepwater gas project.

Orlen and Orlen Upstream Polska have discovered the Siedlemin gas field, located at a depth of approximately 3km in the Province of Poznań, Poland.