Chevron Cuts Almost 800 from Workforce in Permian
Reuters reported in February that the supermajor would reduce its global workforce by up to 20%—about 8,000 people—as part of an effort to cut costs, simplify its business and complete a major acquisition.
Houston-based Chevron has faced production challenges including cost overruns and delays in a large Kazakhstan oilfield project. Its $53-billion deal to acquire oil producer Hess and gain a foothold in Guyana's lucrative oilfield is in limbo while a protracted court battle with rival Exxon Mobil plays out.
A consolidation trend that swept the upstream space through the end of 2024 has resulted in several large layoff announcements in Texas. In October, Marathon Oil advised the TWC of its plan to cut more than 500 jobs once its merger with ConocoPhillips closes.
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Associated Press
12 minutes ago
- Associated Press
Nevada parental notification abortion law in effect; Planned Parenthood lawsuit seeks halt
A 40-year-old Nevada law requiring minors having an abortion to first notify their parents or guardians is now in effect for the first time, after a federal district court judge lifted an administrative block Tuesday afternoon. The one-page order from District Court Judge Anne Traum came after a federal appellate judge earlier this week opted not to temporarily pause implementation of the never-enforced 1985 law while the federal appeal proceeds. In anticipation of the law going into effect, Planned Parenthood Mar Monte filed a new lawsuit in state court Monday seeking to halt its implementation. The California-based abortion rights group and health care provider, and a physician using the pseudonym Dr. Doe, filed a complaint for injunctive relief in Clark County's District Court on Monday. They argue the 1985 law, SB510, relies on a 'hazy, inadequate' process for minors to secure an exception to the law that violates guarantees of procedural due process and lacks guidance or rules to govern it. 'It is fundamentally unclear how any patient seeking a judicial bypass order may practically do so across the state of Nevada at this time,' attorneys wrote in the filing. Shortly after SB510's passage in 1985, the U.S. District Court for the District of Nevada issued an injunction, saying the law violated the right to abortion under the U.S. Constitution. The U.S. Court of Appeals for the 9th Circuit agreed, making that injunction permanent even while the law stayed on the books. Following the overturn of the Roe v. Wade decision, which had protected the constitutional right to an abortion for about 50 years, district attorneys from Lyon County and Carson City in 2024 argued the 1985 law is now enforceable. They won an initial legal battle in April, but Traum agreed to continue the stay pending an appeal. That appeal is still pending and scheduled for oral arguments in October, but in a July 18 order, the 9th Circuit wrote that Planned Parenthood 'failed to establish serious questions going to the merits on its argument' that would have justified the court issuing a temporary stay. James Bopp Jr., a conservative lawyer representing the district attorneys from Carson City, Storey and Douglas counties, among others, celebrated the news in a phone interview Tuesday evening, saying parents are now guaranteed to be involved in the abortion process. 'Planned Parenthood better be complying, starting an hour ago, with the parental notice law,' Bopp said. 'They're very aware that this was in the offing because all their efforts to keep this law (out of) effect failed.' In the state case, attorneys for Planned Parenthood also argued that the law contains provisions that have been 'impliedly repealed' by a 2019 law repealing informed consent laws for abortions and the sweeping 2022 amendment to the Nevada Constitution ensuring equal rights for all 'regardless of race, color, creed, sex, sexual orientation, gender identity or expression, age, disability, ancestry, or national origin.' Attorneys noted that though most adolescents involve a parent in their abortion decision-making, the law has no exemptions for minors who are in foster care or are victims of sexual or physical abuse by their parents or guardians. In the latter case, attorneys wrote that the forced parental involvement can endanger the physical and emotional well-being of minors. As written, SB510 requires physicians to notify parents or guardians before performing abortions on minors. Though minors seeking an abortion could also obtain court authorization to avoid the notification requirement, Planned Parenthood attorneys said it's 'an opaque and daunting process,' especially for minors. 'Subjecting a patient to the judicial bypass process, alone, additionally delays — and even, at times, denies — access to care and can compound the physiological, psychological, emotional, and other consequences associated with forcing an adolescent to continue an unwanted pregnancy,' they wrote. Bopp described the new legal challenge from Planned Parenthood as 'phony objections,' saying that arguments about difficulties in getting an abortion were well litigated under Roe v. Wade, and laws identical to Nevada's notification law were upheld. He added that it's the state judicial system that regulates and authorizes procedures such as the notification law, and that's a decision for that system, not Planned Parenthood. 'We just don't see any other claims having any merit,' Bopp said. A representative for Attorney General Aaron Ford's office did not immediately respond to a request for comment. ___ This story was originally published by The Nevada Independent and distributed through a partnership with The Associated Press.
Business Wire
13 minutes ago
- Business Wire
SouthEast Computer Recyclers Announces IT Asset Buyback Program to Encourage Corporate Sustainability and Maximize Recovery Values
ALPHARETTA, Ga.--(BUSINESS WIRE)--SouthEast Computer Recyclers (SECR), a certified B2B leader in electronics recycling and data security, recently announced its IT asset buyback program. The program helps businesses and organizations reach their environmental goals and unlock hidden value from retired, surplus, or obsolete equipment. Our IT asset buyback program represents more than just a financial transaction with the businesses we serve. It's a strategic partnership that reimagines what was once viewed as disposal costs, transforming them into revenue opportunities... Share The initiative is targeted toward organizations seeking sustainable and secure ways to manage end-of-life IT assets. SECR utilizes a four-pillared process that prioritizes protection, recovery, sustainability, and responsible management of IT equipment to reduce environmental waste and support the increased demand for ESG-driven practices. 'Our IT asset buyback program represents more than just a financial transaction with the businesses we serve. It's a strategic partnership that reimagines what was once viewed as disposal costs, transforming them into revenue opportunities while advancing the circular economy,' said Todd Smith, VP of Business Development for SouthEast Computer Recyclers. 'With over 20 years of experience and our R2v3 and triple ISO certifications, we've helped organizations across the Southeast and globally recover millions in asset value while ensuring their retired IT equipment continues to serve a purpose rather than contributing to landfills. This approach perfectly aligns with today's corporate sustainability goals, proving that responsible business practices and profitability can go hand in hand.' SECR's IT buyback program ensures that all devices are processed according to the highest standards of data security, environmental and regulatory compliance, and safety. The Alpharetta, Georgia-based company has proven to be a reliable partner for entities across several industries, including IT, Healthcare, Insurance, Education, Hospitality, and other high-level organizations seeking to maximize asset values while utilizing collection, audit, and reporting services tailored to their specific inventory and operational needs. As an ally in responsible asset management, SECR guarantees full chain-of-custody documentation and secure data destruction services, giving clients confidence that sensitive information is fully protected. To learn more about SECR's IT asset buyback program or to schedule a consultation, visit About SouthEast Computer Recyclers Southeast Computer Recyclers (SECR) is a certified IT Asset Disposition (ITAD) and electronics recycling services provider for businesses across several industries. SECR has amassed two decades of experience in helping companies protect sensitive data, recover value from retired IT equipment, and meet environmental compliance standards. SECR's end-to-end solutions include secure data wiping, certified onsite shredding, asset recovery, and sustainable e-waste processing.
Business Wire
42 minutes ago
- Business Wire
MelroseINC Unveils AWS Cloud Storage Performance Results for Video Editing Workflows
LOS ANGELES--(BUSINESS WIRE)-- MelroseINC, a Los Angeles-based leader in media technology solutions, announced the results of a groundbreaking cloud storage proof of concept (POC) designed to test real-world performance of cloud systems in high-demand TV and film post-production workflows. The initiative, driven by the company's MelrosePMC and MelroseTEC divisions, explored advanced cloud storage configurations within a DaVinci Resolve color correction, editing, and finishing environment. Unlike traditional tests conducted by vendors or end users, this proof of concept was independently conducted by the MelroseTEC team along with a group of software engineers with deep expertise in deploying AWS environments for industry clients globally. This team—cloud-native integrators with limited reliance on hardware—represent the future of infrastructure design in media technology. The Bottom Line: For post-production tasks like rendering and encoding, Avid NEXIS Cloud Storage in AWS delivers best-in-class performance and automation when measured against two leading competitors — cutting job time by anywhere between 40 seconds to 15 minutes. The Proof of Concept evaluated three key systems: Avid NEXIS Cloud Storage in AWS – A high-performance, hybrid architecture utilizing fast EBS storage Competitor #1 – Direct access to S3-compatible cloud object storage Competitor #2 – A file streaming solution using smart cache and S3 storage Key Finding: Rendering and Proxy File Creation: Avid NEXIS Cloud Storage in AWS emerged as the top performer, completing proxy generation 47% faster than Competitor #1 and 28% faster than Competitor #2 MelroseINC's proof of concept signals a major industry shift. 'We're delivering total workflow solutions,' said Zeke Margolis, VP of Cloud Solutions at MelrosePMC. 'From traditional on-premise setups to flexible, hybrid architectures with workflows that blend on-premise systems, private media centers, and public cloud platforms, we're enabling companies to move beyond their existing hardware into PMC environments to stay agile, cost-effective, and competitive in a rapidly evolving media landscape.' Working with Avid NEXIS Cloud Storage in AWS is quickly becoming an integral part of a production ecosystem that supports fast rendering, collaborative editing, and global remote access. 'As the industry pivots to flexible hybrid and cloud-native workflows, the ' Avid NEXIS Cloud Storage in AWS ' test underscores how essential it is to match infrastructure to evolving creative demands,' said Richard Duke, Chief Cloud Solutions Architect at Avid. 'Working with partners like MelroseINC allows us to substantiate these solutions in real time and continue pioneering what's possible for modern post-production teams.' With this proof of concept, MelroseINC —through its PMC and TEC teams—reinforces its leadership in building advanced, scalable, and hybrid infrastructure to provide clients with a flexible roadmap to build their own production ecosystems—whether hybrid, fully remote, or cloud-native. About MelroseINC Launched in 2003, MelroseINC is a technology solutions provider based in Los Angeles, CA, delivering integrated systems, cloud workflows, and managed services to clients across media, entertainment, enterprise and government sectors. Its MelrosePMC and MelroseTEC divisions specialize in workflow design, system integration, and cloud infrastructure for creative and technical professionals.
