Chevron Set to Lay Off 20% of Global Workforce | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Feb 13, 2025, 2:45 AM CST Chevron will pay off between 15% and 20% of...Continue Reading

Oil Prices Sink Deeper After Trump Calls Both Putin and Zelensky | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Related News By Alex Kimani – Feb 13, 2025, 1:22 AM CST The oil price selloff accelerated on Wednesday after U.S. President Donald Trump took...Continue Reading

Europe’s High Gas Prices Are Dampening Industrial Demand | OilPrice.com Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.  More Info Premium Content By Alex Kimani – Feb 12, 2025, 7:00 PM CST European gas prices traded close to a 2-year high this week. Rapid tightening inventories, cold weather...Continue Reading

LNG Is A Sellers Market For Now | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Feb 12, 2025, 6:00 PM CST Europe has been driving global LNG trade since the start of...Continue Reading

Southeast Asia Won’t Quit Coal Anytime Soon | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Feb 12, 2025, 5:00 PM CST Global coal demand continues to hit record highs. China...Continue Reading

ADNOC Gas has signed a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation for the export of up to 1.2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) to India’s largest integrated and diversified energy company. SourceContinue Reading

(Bloomberg) – Pemex (Petroleos Mexicanos) will split profits with private-sector partners in joint ventures that may account for as much as 10% of the state oil company’s output, said Mexico President Claudia Sheinbaum. SourceContinue Reading

What Happened to the Green Hydrogen Boom? | OilPrice.com Haley Zaremba Haley Zaremba is a writer and journalist based in Mexico City. She has extensive experience writing and editing environmental features, travel pieces, local news in the… More Info Premium Content By Haley Zaremba – Feb 12, 2025, 4:00 PM CST Hydrogen fuel cell technology is...Continue Reading

Chris Wright’s Energy Order Prioritizes Abundance | OilPrice.com Robert Rapier Robert Rapier is a chemical engineer in the energy industry. He has 25 years of international engineering experience in the chemical, oil and gas, and… More Info Premium Content By Robert Rapier – Feb 12, 2025, 3:00 PM CST Secretary Wright’s order directs the Department...Continue Reading

(Bloomberg) – Chevron Corp. plans to cut its global workforce by 15% to 20% by next year, as part of a broader cost reduction strategy. Chevron recently relocated its headquarters from Calif. to Houston, Texas, and is targeting between $2–3 billion in cost reductions by 2026. SourceContinue Reading