Category: Workforce

JPMorgan: Texas at risk of recession next year

In the 1980s, Texas’ jobless rate jumped 2.6 percentage points higher than the national rate after a collapse in the price for U.S. benchmark crude.  More »

Enterprise Products gets new general counsel

The Houston-based midstream company’s general counsel and corporate secretary, Stephanie Hildebrandt, is leaving to join Norton Rose Fulbright, while Craig Murray, a Vinson & Elkins corporate partner in Houston, has been hired to replace her.  More »

Halliburton CEO: Weak market will spur more job cuts

Dave Lesar’s statement comes a week after Halliburton said it would immediately laying off 1,000 employees across multiple regions in the Eastern Hemisphere.  More »

Oil crunch could cost Texas 128,000 jobs, Fed model shows

But falling oil wouldn’t be enough to slow the state’s job growth to zero.  More »

Holiday gift guide for the roughneck or petroleum engineer in your life

I’ve got you covered with the list of things anyone would be proud to show off both in the field (well, some of them anyways) or the office.  More »

Students in energy programs getting nervous as oil prices plummet

College seniors hoping to start careers in the energy sector are worrying about their job prospects now that crude oil prices continue to fall.  More »

Halliburton lays off 1,000 employees in Eastern Hemisphere

HOUSTON — Oil field giant Halliburton said Thursday it is laying off about 1,000 employees across multiple regions in the Eastern Hemisphere, effective immediately, a day after a company executive said it expects a $75 million restructuring charge in the fourth quarter.  More »

As crude oil prices fall, concerns about sector slowdown rise

A slew of factors – including decreased demand projections and tough words from a Middle East official – contributed to a $2.88 drop in U.S. benchmark oil prices to $60.94 per barrel.  More »

Some tips to study for the petroleum PE exam

Just over six weeks ago I sat the petroleum Professional Engineer (PE) test.  I should be getting my results any day now, and while I don’t want to jinx anything, I think I did well despite the test being so tough. I’m confident because I spent ample time preparing, but even before I could start […]  More »

BP cutting jobs

BP is cutting mid-level supervisors in its oil production and refining businesses and in back-office corporate functions, the British oil giant’s chief financial officer told the Times of London as it is set next week to lay out its plans through the end of this decade.  More »

Oil prices have you concerned about your career prospects? Don’t worry…too much

This week was a rough one for the oil and gas industry, after OPEC (ok, Saudi Arabia) decided not to cut production to bolster already sagging oil prices, which had the effect of…sending prices even lower, dropping significantly the day after Thanksgiving alone (which, perhaps fortunately, was a shortened trading day). Not surprisingly, stocks for […]  More »

Working overseas dangerous, lucrative for oil and gas employees

Terrorist groups have increasingly been targeting oil and gas workers for their lucrative kidnapping ransoms.  More »

To see success in your career, you have to look at the big picture

Based on what I’ve observed since graduating, and frankly even my own experience and development, this curiosity to ask “what context do I work in” doesn’t come naturally, but if you work at it, your career will benefit greatly.  More »

The job may be new, but the ways to succeed aren’t

Do your best, figure out what you want to do, and once you make the leap, don’t look back!  More »

Report: Energy jobs have led economic recovery

The increases in oil and gas industry employment has nearly overtaken the number of all the jobs lost in the last decade, according to a new report  More »
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