Sunday, May 3, 2026
Chevron oil and gas 360

In bare-knuckle negotiations, Exxon slants view of pandemic to suit its aims

Reuters HOUSTON – Exxon Mobil Corp is using the coronavirus to increase its leverage in labor and real estate negotiations by alternately doomsaying and dismissing the pandemic’s consequences, labor sources and lawyers dealing with the company said. The largest U.S. oil and gas producer this month told workers in Texas and New Jersey to accept contract offers because they would

U.S. rig count had an increase of 1 this week, at 255- oil and gas 360

U.S. rig count decreased by 57 this week, at 408

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had a decrease of 57 over last week, resulting in a total count of 408 rigs. Canada had an increase of 1 over last week, resulting in a total Canadian count of 27 rigs. Breakdown by region Of the regions tracked by Baker Hughes, no regions saw