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 ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Success in the shale revolution was so dramatic that oil companies sought to lease ... when a shale play is a stacked play like the Permian basin. Parallel horizontal wells are drilled in a ...

the existing independent contract for developing the Delaware sub-basin will continue until 2027, ensuring ongoing operational activities in that region. Looking ahead, Ecopetrol Permian's 2025 ...

A number of topics were discussed, like the amount of oil production in the Permian Basin -- six million barrels per day. It was a packed house inside the Bush Convention Center in Downtown ...

(Bloomberg) -- Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite ... from the most-prolific shale field will be 9% to 10% higher than ...