Tag: jobs

Texas producers paid record amont of state and local taxes last year

The figures come at a time when the energy sector is dramatically slowing its activity in Texas amid falling oil prices, prompting some concern about whether public entities that have grown accustomed to oil money could feel the pinch as production slows.  More »

Oil slump threatens easy life of affluent Norwegians

After a decade of an oil-and-gas boom, plunging energy prices are shaking Norwegians out of a Utopian reverie that guaranteed workers lengthy summer vacations, generous health and social benefits, and allowed them to leave work at 4 p.m. and even earlier on Fridays.  More »

Tenaris to lay off 230 in Conroe

The company attributed the move to falling oil prices that have resulted in less drilling activity.  More »

Texas manufacturing sluggish as energy sector slows down

Manufacturing activity in Texas was flat for the second consecutive month in February, the Federal Reserve Bank of Dallas revealed in its latest survey on the sector.  More »

Chevron to move 100 jobs to Houston

Chevron plans to move 100 jobs from its San Ramon, Calif. headquarters to Houston.  More »

MRC Global cuts 270 jobs, freezes hiring

The Houston firm’s cost reductions, which include a hiring freeze and deferring wage and salary increases, brought its layoffs it has made since last March up to 500, MRC CEO Andrew Lane told investors in a conference call Friday.  More »

Marathon to lay off 350 to 400 workers

As of the end of 2014, Marathon employed about 3,300 internationally.  More »

Job ads for Houston petroleum engineers falling

Advertisements to recruit petroleum engineers in Houston were down 43.8 percent in January, compared to a year earlier.  More »

Fluor wins new work, will hold steady on jobs amid low oil prices

Engineering and construction firm Fluor Corp.’s revenue fell in the fourth quarter, but its backlog grew faster even though oil companies and other customers are spending less amid low crude prices.  More »

Enable Midstream to cut 10 percent of its workforce

Enable’s main offices are located in Oklahoma city, but the company operates its interstate pipeline segment in Houston.  More »

Driller: More than 1,000 field hands out of work as rigs decline

Fifty of Precision’s 250 drilling machines, each with crews of 20 to 25 field hands, are no longer running after oil prices have been cut in half since last summer, the firm said in its fourth quarter earnings release Thursday.  More »

Texas solar jobs increasing

The number of Texans working in the solar industry increased last year by more than 2,800, a sign that the industry is making headwinds in the Lone Star State.  More »

Global oil layoffs exceed 100,000

While much of the focus on layoffs has centered on the U.S., where the shale fields that created the glut have seen the steepest cutbacks, workers in oil-related businesses across the globe are suffering, too  More »

U.S. loses oil jobs

The recent loss could be just the beginning of the decline in oil sector jobs, as more energy companies slash budgets and shrink contracts.  More »

Weatherford to ax 3,000 more jobs as it cuts layers, execs say

Weatherford International executives say the oil field service firm has begun identifying 3,000 more positions it to cut in the first quarter, a day after the company announced it is axing 5,000 jobs.  More »
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