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Exxon, Chevron beat earnings forecasts
2015-10-31 09:42:30| Chemicals - Topix.net
Despite a plunge in oil prices, both Exxon Mobil and Chevron turned in better-than-expected results, lifting their stocks. Bobbi Rebell reports.
Tags: beat
earnings
forecasts
exxon
Chevron cutting up to 7,000 jobs; profit falls to $2 billion
2015-10-31 08:57:46| Energy - Topix.net
Chevron Corp. is cutting up to 7,000 jobs, or 11 percent of its work force, as it deals with lower oil prices that are cutting deeply into profit. The company said Friday that it would cut capital and exploratory spending next year by one-fourth, with further cuts in 2017 and 2018 depending on the oil industry's condition then.
Tags: jobs
falls
profit
cutting
Chevron cutting up to 7,000 jobs as oil profits shrink
2015-10-31 08:20:35| Oil & Gas - Topix.net
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. The two biggest U.S. oil companies reported huge profits for the third quarter.
Tags: jobs
oil
cutting
profits
Chevron completes Anchor well appraisal in deepwater Gulf of Mexico
2015-10-30 01:00:00| Offshore Technology
Chevron has completed appraisal of the Anchor discovery in Lower Tertiary Wilcox Trend in the deepwater Gulf of Mexico.
Tags: mexico
gulf
appraisal
anchor
Closing Bell: Exxon, Chevron Jump on Oil Rally; Fed Holds Rates
2015-10-29 03:47:37| Oil & Gas - Topix.net
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