Edition:
India

Shariq Khan

U.S. pipeline operator Energy Transfer warns of coming job cuts

6:53am IST

U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business.

U.S. pipeline operator Energy Transfer warns of coming job cuts

6:50am IST

May 29 U.S. pipeline operator Energy Transfer LP will begin cutting about 6% of its workforce next week, underscoring the spreading impact of weak oil and gas prices on the energy business.

Exclusive: Chevron to cut up to 15% of staff amid restructuring

28 May 2020

Chevron Corp will cut 10% to 15% of its worldwide workforce as part of an ongoing restructuring at the second-largest U.S. oil producer.

EXCLUSIVE-Chevron to cut up to 15% of staff amid restructuring

27 May 2020

May 27 Chevron Corp will cut 10% to 15% of its worldwide workforce as part of an ongoing restructuring at the second-largest U.S. oil producer.

Kayne Anderson to consolidate energy PE teams, Chuck Yates to leave - source

22 May 2020

Kayne Anderson Capital Advisors will consolidate its two energy private equity (PE) teams and one of the managing partners, Chuck Yates, will exit the firm, a source familiar with the matter told Reuters.

Shale pioneer Chesapeake considers bankruptcy filing after oil rout

12 May 2020

Chesapeake Energy Corp said on Monday it was unable to access financing and was considering a bankruptcy court restructuring of its over $9 billion debt if oil prices don't recover from the sharp fall caused by the COVID-19 pandemic.

Centennial shuts majority of wells, cuts management pay

02 May 2020

U.S. shale oil producer Centennial Resources Development Inc expects to shut more than half of its wells for the next few months and has cut management pay by up to a quarter, according to an audio recording of an internal conference call and copies of emails reviewed by Reuters.

Centennial shuts majority of wells, cuts management pay

02 May 2020

May 1 U.S. shale oil producer Centennial Resources Development Inc expects to shut more than half of its wells for the next few months and has cut management pay by up to a quarter, according to an audio recording of an internal conference call and copies of emails reviewed by Reuters.

Valero swings to loss on $2 billion inventory hit as coronavirus saps fuel demand

29 Apr 2020

Valero Energy Corp on Wednesday reported a quarterly loss due to $2 billion inventory writedowns, shining a spotlight on the sharp decline in fuel demand that is expected to drag on refining margins in the sector.

UPDATE 3-Valero swings to loss on $2 bln inventory hit as coronavirus saps fuel demand

29 Apr 2020

April 29 Valero Energy Corp on Wednesday reported a quarterly loss due to $2 billion inventory writedowns, shining a spotlight on the sharp decline in fuel demand that is expected to drag on refining margins in the sector.

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