ConocoPhillips announced workforce reductions and held a town hall meeting in Houston, requiring state reporting.

1 report, 1 independent Updated Sep 5

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

ConocoPhillips Houston Texas Workforce Commission

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Part of

The oil industry is facing a market slowdown, leading to workforce reductions at companies based in Houston, while OPEC+ raises output amid global uncertainty.

Also in this story

A company based in Houston, which is also involved in the oil industry, reported that its stock underperformed the broader market index in August 2025.Jun 7

All 4 developments

The entities involved

ConocoPhillips
American oil and gas company
- NABEP, controlled by Alejandro Betancourt, is involved in a potential oil deal in Venezuela that includes ExxonMobil, ConocoPhillips, and a U.S. government equity stake.Mon 00:06
- Dan Sullivan argued against opponents who support oil interests.Sun 14:58
Houston
seat of Harris County, and largest city in State of Texas, United States
- Ontario company turns woody biomass into coal replacement while TCEQ regulates site acquisition in Houston.Mon 17:08
- While running for Senate in Texas, James Talarico is campaigning in Houston, facing political attacks from Ken Paxton and primary opponent Jasmine Crockett.Mon 16:49
Texas Workforce Commission
governmental agency in the U.S

Nothing else this week.

Related events

Coverage

Newest first; wire copies grouped

Sep 5ReutersConocoPhillips to begin layoffs as early as Nov 10, company says in state notice By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) -U.S. oil producer ConocoPhillips will begin company-wid