Job ads can offer a useful peek into what companies actually want to do, and corporate watchdogs routinely comb them for clues.
Lifting the ban is a top ask for GOP negotiators working on the sprawling legislation.
The losses amount to about 3 percent of the combined workforce, and come on top of Shell’s previously announced plan to shed 7,500 staff and contractor positions.
The negotiations signal that Democrats are willing to consider the possibility of oil exports, a policy goal long sought by oil producers including ConocoPhillips. In return, Democrats are also seeking long-term extensions of tax breaks for renewable energy such as solar and wind.
Exxon Mobil promoted Darren Woods to president, putting him on a path to succeed Chief Executive Officer Rex Tillerson when he retires.
U.S. Federal Trade Commission notice dated Thursday shows a unit of Elliott Management, the $27 billion hedge fund run by billionaire Paul Singer, was granted approval for an acquisition involving the company.
Crude’s slump has lasted for more than 18 months, making it one of the longest downturns in decades and forcing companies to slash spending, reduce their workforce and delay projects.
Oil prices have slumped to levels last seen during the global financial crisis as a result of OPEC’s strategy to defend market share against higher-cost producers.
Vicki Hollub, set to become the CEO of Houston’s Occidental Petroleum next year, has been named the company’s president and chief operating officer.
Texas Railroad Commission Chairman David Porter announced today that he will not campaign for re-election to the commission. Porter is a CPA from Midland, but was well known in South Texas communities for organizing the Eagle Ford Task Force. He released this statement: “After much thought and consideration, my wife Cheryl and I have decided to