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Chevron posts $36.5bn profit for 2022

Chevron posts $36.5bn profit for 2022

Chevron on Friday posted a $36.5 billion profit for 2022. The profit more than double year-earlier earnings, but it fell shy of Wall Street estimates, undercut by asset write downs and rising costs, according to…

Chevron suffers $5.5bn loss in 2020

Chevron suffers $5.5bn loss in 2020

Chevron reported a fourthquarter loss yesterday to conclude a rocky year for oil companies as the coronavirus battered demand for petroleum products. The US oil giant, which trimmed staff, and slashed capital spending to ride…

Jobs: Chevron workers fret over order to reapply

Jobs: Chevron workers fret over order to reapply

Oil workers on the employment of Chevron Plc in Nigeria have started to fret as the company began to ask its employees to reapply for jobs as a part of efforts to reduce the company’s…

Chevron makes workers reapply for jobs

Chevron makes workers reapply for jobs

Chevron is asking its employees to reapply for jobs as a part of efforts to reduce the company’s headcount by up to 15 per cent of its 50,000 workforce globally, a report showed. Citing unnamed…

Chevron sacks 1,000 additional staff in Nigeria

Chevron sacks 1,000 additional staff in Nigeria

United States oil supermajor, Chevron Corporarion on Friday declared plans to reduce its workforce by 25 per cent in the various levels of the organisation in Nigeria, creating confusion among the workers. This, checks by…