By Steve Gelsi, MarketWatch NEW YORK (MarketWatch) -- Shares of natural gas producers rose, but petroleum producers and oil service stocks traded closer to the flat line on Tuesday in a day of choppy trading as Chevron moved to cut 2,000 jobs in its
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Chevron Slashes Jobs
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NEW YORK -(Dow Jones)- Chevron Corp. (CVX) plans to continue cutting its downstream workforce, reduce its costs and exit markets to position itself to be more streamlined for future growth, the company said Tuesday. In a presentation before Chevron's
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Petrol prices have hit their highest Tuesday average in six months.
DETROIT -- Chevron Corp. says it will cut 2,000 jobs this year and will continue reducing its work force through 2011. The nation's second largest oil producer revealed the cuts as it outlined corporate strategy and major capital projects Tuesday in a
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By Malcolm Morrison, The Canadian Press TORONTO - The Toronto stock market was lower for a second session Tuesday morning as oil and metal prices declined. The S&P/TSX composite index dropped 52.6 points to 11,911.2 after losing 11 points on Monday. The
