25 November 2020
French integrated oil and gas company Total is reportedly planning to suspend operations at its Donges refinery in Western France for the next few months.
6 November 2020
Royal Dutch Shell has reportedly announced that it is closing its refinery in Convent, Louisiana, US.
30 October 2020
Oil major ExxonMobil has announced that it will reduce its workforce in the US by around 1,900 employees through both voluntary and involuntary programmes.
19 October 2020
ConocoPhillips has announced the purchase of Permian-focused driller Concho Resources in a $9.7bn deal, considered the largest shale deal this year, following choppy market conditions and slowdown resulting from the...
21 September 2020
Japanese oil and gas major Inpex and American multinational energy firm Chevron are reportedly set to trim their workforces in Australia as a result of the Covid-19 crisis.
21 August 2020
The COVID-19 pandemic has cast doubts on the future prospects of businesses as customers remain wary of spending amid uncertainty. Verdict has been running a poll to assess the business...
14 July 2020
Papua New Guinea (PNG)-focused oil and gas firm Oil Search has unveiled plans to write off around $380m from some exploration assets and a gas-to-power project in PNG.
9 July 2020
Canadian oil and natural gas company Irving Oil has announced plans to downsize 6% of its global workforce due to the economic fallout as a result of the coronavirus pandemic.
3 July 2020
The African Energy Chamber has said that the continuation of travel restrictions between Africa and Europe is heavily impacting the oil and gas industry’s recovery efforts.
29 June 2020
American hydrocarbon exploration firm Chesapeake Energy has voluntarily filed for bankruptcy in the US Bankruptcy Court for the Southern District of Texas.