energy news

Chevron is undergoing a major reorganization aimed at simplifying its operations, improving efficiency, and addressing financial challenges. The company has announced structural changes to its...

Chevron said it will lay off 15 percent to 20 percent of its global workforce by the end of 2026 as part of a...

ONGC and BP have signed a contract appointing BP as the Technical Services Provider (TSP) for Mumbai High, India’s largest offshore oil field. ONGC retains...

The risk of a delayed energy transition scenario brings the possibility of a much greater future demand for oil and gas supply. Meeting this...

The U.S. Energy Information Administration (EIA) released its January Short-Term Energy Outlook (STEO), providing forecasts for energy production, consumption, and prices through 2026. EIA projects...

Oil majors such as Energy majors Exxon Mobil and Shell have revised their financial projections for the fourth-quarter of 2024. Exxon Mobil Exxon Mobil anticipates a...

China Petroleum & Chemical Corporation (Sinopec) revealed significant long-term forecasts on global and Chinese energy trends. Sinopec predicts global primary energy consumption will peak at...

The U.S. Energy Information Administration (EIA) has published its Financial Review of the Global Crude Oil and Natural Gas Industry: Third-Quarter 2024, revealing key...