Chevron cutting up to 7,000 jobs; profit falls to $2 billion
SAN RAMON, Calif. (AP) — Chevron Corp. is cutting up to 7,000 jobs as it deals with lower oil prices that are cutting deeply into profit.
ENERGY (MSM)
Chevron slashes 2016 budget to weather low oil prices
The price drop has forced Chevron and dozens of its peers to make tough decisions about what projects to fund or not fund in order to offset natural declines at its existing fields. The choices are that much starker at large international oil giants like Chevron that rely heavily on their massive budgets to fund exploration projects crucial to finding new energy sources. Chevron said on Friday it plans to
Chevron slashes 2016 budget to weather low oil prices
The price drop has forced Chevron and dozens of its peers to make tough decisions about what projects to fund or not fund in order to offset natural declines at its existing fields. The choices are that much starker at large international oil giants like Chevron that rely heavily on their massive budgets to fund exploration projects crucial to finding new energy sources. Chevron said on Friday it plans to
Chevron slashes 2016 budget to weather low oil prices
The price drop has forced Chevron and dozens of its peers to make tough decisions about what projects to fund or not fund in order to offset natural declines at its existing fields. The choices are that much starker at large international oil giants like Chevron that rely heavily on their massive budgets to fund exploration projects crucial to finding new energy sources. Chevron said on Friday it plans to
Chevron slashes 2016 budget to weather low oil prices
The price drop has forced Chevron and dozens of its peers to make tough decisions about what projects to fund or not fund in order to offset natural declines at its existing fields. The choices are that much starker at large international oil giants like Chevron that rely heavily on their massive budgets to fund exploration projects crucial to finding new energy sources. Chevron said on Friday it plans to
Exxon Mobil profit falls; Valeant and Philidor part ways; AIG split coming?
Exxon Mobil, Starbucks, LinkedIn, Valeant and AIG are among the stocks to watch.
Exxon Mobil profit falls; Valeant and Philidor part ways; AIG split coming?
Exxon Mobil, Starbucks, LinkedIn, Valeant and AIG are among the stocks to watch.
Exxon Mobil profit falls; Valeant and Philidor part ways; AIG split coming?
Exxon Mobil, Starbucks, LinkedIn, Valeant and AIG are among the stocks to watch.
Exxon Mobil profit falls; Valeant and Philidor part ways; AIG split coming?
Exxon Mobil, Starbucks, LinkedIn, Valeant and AIG are among the stocks to watch.
Exxon 3Q profit falls by nearly half amid low oil prices
Exxon Mobil Corp. posted its worst third quarter in 12 years due to low oil prices but still earned $4.24 billion, beating Wall Street expectations. Exxon’s earnings from exploration and production continued …