Chevron Corp (CVX)
28 Jul 2015
- Chevron Corp, the second-largest U.S. oil company, said on Tuesday it would lay off 1,500 employees, about 2 percent of its global work force, as it trims costs to offset declining crude prices.
July 28 - Chevron Corp, the second-largest U.S. oil company, said on Tuesday it would lay off 1,500 employees, about 2 percent of its global work force, as it trims costs to offset declining crude prices.
- Chevron Corp said a cogeneration plant at its 245,271 barrel-per-day refinery in Richmond, California was operating in "standby" mode after experiencing a temporary power dip early Friday.
LONDON - The world's top oil companies are set to report yet another sharp drop in quarterly profits that could force more spending cuts due to a dim outlook for oil prices.
(This July 14 story changes firm name to Latham & Watkins from Latham and Watkins in paragraph 12)
WASHINGTON - Within hours of the announcement of an Iran nuclear deal early on Tuesday, lawyers around Washington were fielding calls from U.S. corporate clients eager to know what the 159-page deal would mean for their business prospects.
BANGKOK, July 14 - Thai refiner Star Petroleum Refining PCL (SPRC) could raise 20-25 billion baht ($588-$735 million) in an initial public offering that would also mark the exit of energy firm PTT PCL, two people with knowledge of the deal said on Tuesday.
MILAN/TOKYO - Chevron's $54 billion Gorgon LNG project - the world's most expensive - may be forced to dump chunks of its early production onto an already saturated global spot market, as some Japanese clients warn they are unlikely to take up test shipments.
* Gorgon has suffered cost overruns, competition from U.S. shale
* Says has been awarded four contracts by Chevron and INPEX (operator of the Ichthys LNG Project), for the engineering, procurement and construction of an Emergency Pipeline Repair System (EPRS) to be used offshore Australia
|Exxon Mobil Corporation (XOM.N)||$82.48||+3.22|
|Royal Dutch Shell Plc (RDSa.AS)||€24.74||+0.07|
|Royal Dutch Shell Plc (RDSb.L)||1,758.00p||+5.50|
|BP plc (BP.L)||396.30p||+3.65|
|BP plc (BP_p.L)||148.87p||0.00|
|BP plc (BP_pb.L)||163.50p||0.00|
|Total SA (TOTF.PA)||€43.76||+0.54|
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