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Search Result for “$8 billion”

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BUSINESS

Chevron Thailand slims down as low oil prices bite

Asia focus, Nareerat Wiriyapong, Published on 16/05/2016

» Low oil prices have begun to take their toll on petroleum exploration and production (E&P) companies in Asia, with US-based Chevron Corp preparing to cut jobs at its Thai operations as part of the company's global headcount reduction of 4,000 this year.

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BUSINESS

Woodside powers up

Asia focus, Erich Parpart, Published on 05/12/2016

» Myanmar is the centre of attention for Woodside Energy following the Australian company's discovery of gas off the coast of Rakhine state last year. It is now preparing to invest around 25-30% of its exploration budget in Southeast Asia to help realise the potential of the region.