Like rolling into a gas station during a road trip, whale sharks use oil and gas rigs as a pit stop during their migrations of thousands of kilometers across the oceans. The human-made structures ...

Oil prices settle lower despite ongoing supply disruption concerns By Investing.com - Oct 11, 2024 Investing.com-- Oil prices settled lower Friday despite ongoing supply disruption concerns as traders ...

but they generally make money from retrieval via drilling on an oil rig or fracking in gas field—not sales. Upstream companies often face significant financial hurdles since drilling and mining ...

Activist hedge fund Elliott Management has built a stake in British oil major BP BP-1.12%decrease; red down pointing triangle and will push for transformational changes to improve the company’s ...

Chevron will lay off 15% to 20% of its global workforce by the end of 2026, as it seeks to cut costs and simplify its business, the oil company said Wednesday. Chevron is embroiled in a court ...

SAN FRANCISCO -- Oil giant Chevron says it is cutting its global workforce by 15% to 20% by next year. Chevron says the layoffs are necessary to reduce costs and raise profits. About 9,000 ...

Its stake in BP has fuelled hopes that the hedge fund could help revive the oil giant’s flagging performance. BP has been targeted as the oil giant struggles to work out its approach to net zero ...

The Yemeni group Hayel Saeed Anam (HSA) continues to expand its activities across the continent, having established itself in the Horn of Africa via Djibouti, with the Ethiopian market in its sights.