Other oil companies have looked into optimizing operations as well. Chevron said last month it would lay off 15% to 20% of its global workforce by the end of 2026 as it seeks to cut costs, simplify ...

Oil prices edged higher yesterday, with ICE Brent settling 0.31% higher on the day. The gains were driven by a recovery in equity markets and a relatively supportive inventory report from the ...

2 weeks ago15:15 Jon King Stena Immaculate sustained ruptured cargo tank, ship manager says The Stena Immaculate oil tanker sustained a ruptured cargo tank after it was struck by container ship ...