NEWS ARCHIVE

Chevron caught in Gulf stand-off

Chevron is reportedly planning to sack 1000 workers in the oil-rich neutral zone between Saudi Arabia and Kuwait, after a dispute between the two countries has halted all work on oil fields for several months, however a spokesperson has told <i>Energy News</i> the company has made no decisions and continues to monitor the situation.

The Wall Street Journal/i> has reported that the moves come less than two weeks after executive chairman John Watson expressed optimism that Kuwait would allow operations to continue while working out...

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