Oil major Chevron shifts focus to prioritise profits over production
Business plan unveiled at investor day emphasises need to cut costs and lower capital expenditure
Business plan unveiled at investor day emphasises need to cut costs and lower capital expenditure

Drop in oil prices drags second-quarter earnings to lowest level since pandemic

Oil major will cut investment over next five years from $30bn to $20bn

Two biggest US oil majors report rising production in third quarter amid supply glut forecasts

Supermajor to focus on boosting production from existing operations rather than fast-track expansion, says finance chief

US supermajors stick to prewar strategies despite White House plea for more drilling to curb soaring petrol prices

US giants are better positioned than their European counterparts for M&A activity