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The layoffs, which will be completed by 2026, come as the company struggles to keep pace with competitors like ExxonMobil and are part of Chevronโs larger goal of cutting costs by up to $3 billion before the end of 2026.
U.S. oil giant, Chevron, has announced plans to reduce its global workforce by up to 20% by the end of 2026 as part of a broader effort to streamline operations, reduce costs, and finalize a major acquisition.
Nigeriaโs indigenous oil and gas major, Aradel Holdings, recorded a 352.9% increase in staff salary payments in 2024, disbursing a total of N21 billion, up from the previous year.
The key lies in mastering essential skills, acquiring industry-relevant certifications, staying informed about emerging trends, and building a strong professional network.
As the world continues to rely on oil and gas for energy needs, the sector remains one of the most lucrative and impactful industries to work in. With technological advancements, an increasing emphasis on sustainability, and new global energy demands, the oil and gas industry is evolving rapidly.
U.S. oil giants, ExxonMobil and Chevron, are ramping up hiring activities globally in 2025, with a significant focus on markets like India, the Philippines, and Argentina. While overall job postings have declined slightly this year, the hiring outlook remains positive, reflecting a broader trend in the oil and gas industry, according to data analytics firm…
Nigerian National Petroleum Company (NNPC), in collaboration with TotalEnergies, has officially launched applications for its prestigious 2025-2026 International Masters Degree Scholarship Scheme. This was disclosed in a circular released by TotalEnergies on Wednesday, and obtained by Energy in Africa. According to the circular, the programme provides eligible candidates the opportunity to pursue advanced degrees in…