Danish state-owned company Dong Energy A/S plans to set a new world record for the world’s largest offshore wind farm, breaking the existing record currently held by the 630-megawatt London Array, another facility built by Dong. The new U.K. wind farm will be located in the Irish Sea, about 12 miles off the west coast of Great Britain. When commissioned, it will provide enough energy to power almost a half million
WASHINGTON (AP) — A common pesticide used on citrus fruits, almonds and other crops would be banned under a proposal announced Friday by the Environmental Protection Agency.
WASHINGTON (AP) — A common pesticide used on citrus fruits, almonds and other crops would be banned under a proposal announced Friday by the Environmental Protection Agency.
Chevron Corp is slashing 10 percent of its workforce and sharply paring back its budget, with Chief Executive Officer John Watson giving a downbeat view on Friday of an industry beleaguered by low oil prices. A more than 55 percent decline in crude oil since last year has rippled through the global energy industry, forcing producers and their suppliers to make tough decisions. For Chevron, that means cutting its budget
Chevron Corp is slashing 10 percent of its workforce and sharply paring back its budget, with Chief Executive Officer John Watson giving a downbeat view on Friday of an industry beleaguered by low oil prices. A more than 55 percent decline in crude oil since last year has rippled through the global energy industry, forcing producers and their suppliers to make tough decisions. For Chevron, that means cutting its budget
DALLAS (AP) — Chevron is cutting up to 7,000 jobs, or 11 percent of its workforce, the latest indication of the toll that low oil prices are taking on the industry.
DALLAS (AP) — Chevron is cutting up to 7,000 jobs, or 11 percent of its workforce, the latest indication of the toll that low oil prices are taking on the industry.
New York (AFP) – US oil giant Chevron said Friday it was going to cut between 6,000 and 7,000 jobs and continue with asset sales as the company retrenches amid sharply lower oil prices.
New York (AFP) – US oil giant Chevron said Friday it was going to cut between 6,000 and 7,000 jobs and continue with asset sales as the company retrenches amid sharply lower oil prices.
The S&P consumer staples sector slipped 0.63 percent after data showed U.S. consumer spending barely rose in September and the University of Michigan’s index on consumer sentiment came in below expectations. The three major indexes have rallied about 9 percent in October, mostly driven by the Fed’s decision to keep rates unchanged at its September meeting and largely positive third-quarter results. Energy majors Exxon and Chevron reported better-than-expected results, helped