Supermajors Slim Down to Protect Shareholder Payouts
The world’s biggest international oil and gas firms are accelerating layoffs this year in search of further cost…
Oil companies slash jobs by the thousands as prices fall, tariffs rise
Shotbydave | E+ | Getty Images U.S. oil companies are cutting jobs by the thousands as they respond…
2 Dividend Stocks to Hold for the Next 5 Years
Key Points ConocoPhillips expects to add an incremental $7 billion in annual free cash flow by 2029. Kinder…
U.S. Oil Majors Slash Jobs Despite Trump’s Fossil Fuel Push
As the United States President Trump administration encourages oil and gas companies to increase production, introducing a wide…
US oil titan to cut up to 25% of its workforce — impacting thousands. So what happened to ‘drill baby drill’?
“Drill baby drill!” proved a popular rallying cry for Donald Trump during the 2024 presidential election. But with…
Gulf Coast LNG project’s Train 5 closer to FID as ConocoPhillips signs up for 20-year offtake
U.S.-headquartered energy giant ConocoPhillips has struck a multi-year liquefied natural gas (LNG) deal with Houston-headquartered NextDecade Corporation, enabling…
Analysis-ConocoPhillips’ deep layoffs highlight need for capital discipline, analysts say
By Sheila Dang and Arathy Somasekhar HOUSTON (Reuters) -ConocoPhillips must sharpen its focus on capital discipline and investment…
The Crude Crunch: U.S. Oil Industry Faces Turbulent Times
The U.S. oil industry is navigating through choppy waters, marked by massive layoffs and capital expenditure reductions,…
Texas Oil Giant To Lay Off a Quarter of Its Staff
Houston-based ConocoPhillips plans to lay off up to a quarter of its workforce as part of a broad…
ConocoPhillips says it will lay off up to 25% of its workforce
NEW YORK (AP) — Oil giant ConocoPhillips is planning to lay off up to a quarter of its…
US giant fortifies its LNG arsenal with 20-year offtake from Gulf Coast project
Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, has won a multi-year sale and purchase…
ConocoPhillips signs 20-year LNG purchase agreement with Sempra
ConocoPhillips has signed a long-term sales and purchase agreement (SPA) to purchase 4 million tonnes per annum (MMtpa)…