Conoco CEO: 'I blame myself for not paying attention'
ConocoPhillips' CEO Ryan Lance said to employees on Thursday, that he was forced to reduce the number of workers by up to 25 percent because the U.S. energy producer became less…
Conoco CEO: 'I blame myself for not paying attention'
ConocoPhillips' CEO Ryan Lance said to employees on Thursday, that he was forced to reduce the number of workers by up to 25 percent because the U.S. energy producer became less…
ConocoPhillips announces it will reduce its workforce by 20-25%. Shares fall
ConocoPhillips, the U.S. oil-and-gas producer, will reduce 20-25% its workforce in a restructuring that is expected to take place over the next few months, according to a spokesperson for the company.
ConocoPhillips announces it will reduce its workforce by 20-25%. Shares fall
ConocoPhillips, the U.S. oil-and-gas producer, will reduce 20-25% its workforce in a broad restructuring. A company spokesperson confirmed this on Wednesday after five sources said…
ConocoPhillips announces it will reduce its workforce by 20-25%. Shares fall
ConocoPhillips, an American oil and gas company, will reduce its workforce by 20-25% as part of a broader restructuring program. This was confirmed on Wednesday, after five sources…
ConocoPhillips announces it will reduce its workforce by 20-25%. Shares fall
A spokesperson for ConocoPhillips, an American oil and gas company, said that the company will be cutting 20-25% from its workforce as part of a wider restructuring program. Shares of the firm fell 4.7% to $94.
REFILE-ConocoPhillips plans layoffs as part of broad restructuring
ConocoPhillips plans to reduce staff. The company announced this on Tuesday. This is part of a broader effort to control costs and streamline operations following its $23 billion purchase of Marathon Oil.
German energy transition could cost 300 billion euros less with greater efficiency, according to a study
According to a report released by the Boston Consulting Group on Thursday, Germany could save over 300 billion euros (326.49 billion dollars) by 2035 if it implements the energy transition in a more efficient manner.
Germany's chemical lobby calls for regulatory reform and growth agenda
VCI, the industry lobby group in Germany, said that to achieve climate neutrality while remaining competitive and improving its performance it is necessary for regulation changes.
Digitalization: Trust - The Keystone for Digital Transformation
The slowdown of the world economy and plummeting energy consumption have eclipsed most other industry news. Oil exporting countries are coming to terms with limiting production to sustain reasonable prices…
Virus Lockdowns Pummel Global Gas Demand, Force LNG Output Cuts
Lockdowns to slow the coronavirus pandemic are pummelling gas demand in the world's biggest buyers of liquefied natural gas (LNG), pushing Asia's spot prices to record lows and…
Fuel Futures: Diesel Will Spike on IMO2020
New marine fuel rules to boost diesel prices for at least a year -analystsGlobal prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur marine fuels…
Trump Seeks US Energy Companies' Input on Paris Climate Pact
President Donald Trump's administration has been contacting U.S. energy companies to ask them about their views on the U.N. global climate accord, according to two sources with knowledge of the effort…
Petrobras Mulls Refining Assets Sale
Petroleo Brasileiro SA remains undecided about the sale of some refineries, a sign Brazil's state-controlled oil company might be leaning toward forming partnerships by offering stakes in some of them…
Cairn Appoints Giadrossi as Non-Executive Director
Cairn has appointed Nicoletta Giadrossi as an independent non-executive director with effect from 10 January 2017. Nicoletta will also become a member of the Company’s remuneration committee.
Cevian Asks Consultant to Study Potential ABB Break-up
ABB's second-biggest shareholder, activist investor Cevian, has hired Boston Consulting Group to study a potential break-up of the Swiss engineering group, turning up the pressure for a revamp…
Total, Eni Bet on New Finds as Rivals Cut Costs
As oil firms slash billions of dollars of investment to survive the market crash, France's Total and Italy's Eni are making some of the smallest cuts, gambling in the hope of big…
Urgent Need to Cut Costs in UK North Sea
Britain's North Sea oil and gas industry faces a bleak future where more fields are likely to become uneconomic and shut in as platforms close - unless costs can be controlled, operators say.
Libya Arrives for OPEC with Exports at a Trickle
Libya's attendance at Wednesday's OPEC meeting will be an oddity for historians of the oil exporters club - a member with virtually no oil for sale. As it struggles with its worst…
Chile Follows Mexico, Wants to Tax Carbon Emissions
Chile's government wants to impose a tax on carbon dioxide (CO2) emissions from thermal power plants, the second major economy in Latin America to resort to environmental taxation…