The Houston oil giant previously shared plans to cut 15 to 20 percent of its global workforce by the end of 2026.

Most of the cuts will come from the company’s Midcontinent campus, located on the outskirts of Midland, Texas, according to a ...

Shares of Hess Corp. HES rallied 1.95% to $133.62 Thursday, on what proved to be an all-around positive trading session for ...

Exxon Mobil senior vice president Neil Chapman announced on Thursday that the arbitration proceedings for Exxon Mobil’s ...

The cuts are part of the oil company's effort to downsize its global workforce by 20% by 2026. Chevron has a major operation ...

Occidental Petroleum and Hess Corporation are strong operators in the oil and gas industry. OXY currently has the edge over HES with a higher dividend yield and lower valuation.

Chevron’s move to lay off almost 800 workers in the Permian Basin follows its February announcement that the supermajor will ...

Houston-based Chevron will layoff nearly 800 workers at its Permian Basin facilities in West Texas. The layoffs, expected to ...

Exxon Mobil Corp. said it will be “business as usual” in its massive Guyana oil field if it loses its arbitration case against Chevron Corp. and Hess Corp.

Exxon Mobil's arbitration with Chevron over the acquisition of Hess has concluded. A decision is expected in two to three ...

ConocoPhillips continues to refer to the Gulf of Mexico, while Chevron Corp. embraces the Gulf of America, according to a ...

Chevron is laying off hundreds in the Permian Basin and globally slashing its workforce by 20% by 2026, while facing mounting ...