Houston-based energy giant ConocoPhillips is preparing to reduce its workforce as part of a sweeping restructuring plan following its $23 billion acquisition of Marathon Oil. The layoffs, expected to ...

ConocoPhillips , a top U.S. oil and gas producer, plans to cut staff, the company said on Tuesday, amid a broad push to rein ...

The planned layoffs at ConocoPhillips reflect wider industry trends, with other oil giants such as Chevron and SLB also ...

U.S. rig count increases for the second week in a row, marking the first consecutive rise since February, according to Baker ...

ConocoPhillips has bulked up in recent years through hefty acquisitions. Besides its acquisition of Marathon Oil last year, it bolstered its position in the Permian Basin of Texas and New Mexico ...

On a weekly U.S. oil production basis, volumes reached an all-time high of 13.63 million barrels per day in early December ...

the Bakken in North Dakota and the Permian Basin. In the prolific Appalachian, the upstream energy players like Antero Resources have premium drilling locations that can survive their current ...