Jobs

Chevron

Chevron eliminates 20% of its workforce to fund shareholder returns

Chevron boasted of returning $27 billion in cash to shareholders in 2024. But now the company is eliminating thousands of jobs even as it promises to keep increasing shareholder payouts.

UK clean energy

Do Labour’s UK clean energy pledges add up?

The Labour Party leader Sir Kier Starmer has pledged to ban all new North Sea oil and gas developments, among measures aimed at boosting UK clean energy.

spain green hydrogen

Faster energy transition will create jobs, cut bills

A new study has found that government policies that help accelerate the energy transition to net zero will reduce future energy bills and create jobs while maintaining GDP growth in both advanced and developing economies.