Diamondback Energy (NASDAQ:FANG) -1.3% in Friday's trading following a report from The Wall Street Journal that the company is in talks to buy Permian Basin oil producer Double Eagle, backed by ...
A deal that could value Double Eagle at more than $5 billion is expected in coming days.
Ongoing increases in production and consumption of shale gas continue adding carbon emissions to the atmosphere as industrial ...
Chevron has announced plans to eliminate 15% to 20% of its global workforce by the end of 2026 as it seeks to cut costs and simplify operations. That translates to between 6,000 and 8,000 of its more ...
The job cuts put pressure on US oil and gas employment, which is around 10% below pre-pandemic levels despite rising domestic ...
Chevron will lay off 15% to 20% of its global workforce by the end of 2026, the U.S. oil company said on Wednesday as it ...
The US oil giant employed 46,500 people globally at the end of 2023, meaning the cuts could affect as many as 9,000 employees. The company recently moved its headquarters from San Ramon, California, ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
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