Chevron Corp will lay off about 25% of Noble Energy's employees who joined the oil major after its $4.1 billion purchase of the smaller rival earlier this month, the company told Reuters on Tuesday.

Chevron Corp on Friday posted a surprise third-quarter profit as oil prices recovered from spring lows and spending cuts benefited operating results.

The No. 2 U.S. oil producer closed its $55 billion purchase of Hess in July after triumphing in a lengthy arbitration battle ...

Chevron ( NYSE: CVX) CEO Mike Wirth told employees this week that the oil giant expects stronger returns than those outlined to investors when it announced the $55 billion acquisition of Hess earlier ...