Upstream oil and gas industry mergers and acquisition activity during 2024 came to a robust $105 billion in total deal value according to a new report from Enverus.

2023-24 brought a dazzling series of mergers and acquisitions among Permian Basin energy companies, raising the question, will the region see more of the same this year? Odessa oilman Kirk Edwards ...

U.S. upstream oil and gas mergers and acquisitions totaled $105 billion in 2024, marking the third highest year on record ...

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Chevron announces plans to cut 15-20% of its global workforce by 2026, affecting up to 8,000 employees, as part of ...

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

At the end of 2023, Chevron employed 40,212 people across its operations. A layoff of 20 per cent of total employees would be ...

Ecopetrol and Oxy plan to extend development in Permian Basin, including 34 wells to be drilled between April 2025 and June ...

Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...