Author: Reuters
International oil and gas companies have announced they would cut tens of thousands of jobs in 2024 and 2025 due to lower oil prices and as they consolidate after the biggest wave of mergers and acquisitions in the industry for decades. Benchmark Brent crude futures have fallen in 2025 as OPEC+ increases output and amid economic uncertainty due to U.S. trade policy. Here are some of the oil and gas companies that have announced job cuts in 2024-2025: Company Description Layoff/Job % of Total Cuts Workforce ConocoPhil It will cut 20-25% of Unknown 20%-25% lips its workforce amid a broader…
ConocoPhillips plans a 20%-25% global workforce cut, tied to cost reductions after the Marathon Oil deal, affecting 2,600-3,250.Read More
Japan’s 30-year government bond auction Thursday faces added uncertainty from global debt market turmoil and political instability at home which has reignited concerns over the country’s fiscal outlook.Read More
The Louisiana Department of Wildlife and Fisheries has confirmed what fishermen have been saying for weeks: the mud from Venture Global’s August dredging accident has made its way into Big Lake and is affecting the fisheries.Read More
Retired Ambassador Pamela Bridgewater signs her memoir Bridging Troubled Waters this Sunday at 1 p.m. at Fredericksburg Visitor Center.Read More
Honda Global | Honda Motor Co., Ltd. (Honda) will begin sales in Japan of the all-new Prelude tomorrow, on September 5, 2025.Read More
The U.S. oil giant announced layoffs as crude futures prices have decreased by about 11% this year.Read More
There is a new ‘golden triangle’ of criminality between Mexico and the US linking illicitly manufactured fentanyl and trafficked firearms.Read More
Back in action for the first time since last Thursday’s 2-0 win over SMU, Texas Tech Soccer hits the road once again for a Thursday night contest at New Mexi…Read More
Google is out of Wall Street’s doghouse! Stock of Google’s parent company Alphabet shot up 9% on Wednesday as investors rushed to buy up stock of a company whose future is no longer overshadowed by a looming antitrust ruling. Now the focus of antitrust anxiety turns to the other three big tech …Read More