Posts filtered on Tag
The current downturn in Wyoming’s energy industry so far has not reached the severity of the bust that hit the state in the mid-1980s.
The monthly numbers fell in line with the near-zero growth rate that economists had been predicting.
Houston’s economy stumbled again in November as rampant layoffs and cutbacks among local factories and oil and gas companies combined with losses in manufacturing and trade to reverse some of recent gains made last month.
An index measuring the health of the Texas oil industry tumbled again in October for the 11th straight month as producers shut down additional rigs and more of the state’s oil and gas workers lost their jobs.
Ok folks, here are five factors to consider on this first Friday in October: 1) It is Nonfarm Friday, and official US employment data has just come out. It was terrible. Only 142,000 jobs were created, when 203,000 were expected. To add insult to injury, last month’s numbers saw a huge downward revision from 173k […]
More than 200,000 oil and gas workers across the globe have lost their jobs since the crude collapse started last year.
The Danish firm said it has postponed making a final investment decision on its Chissonga project in Angola amid pressure from low oil prices and high drilling costs.
GE says it’s planning to cut 100 jobs at its Jacintoport facility in East Houston as part of a broader move to shift some of its U.S.-based manufacturing of gas turbines and power generators to Europe and China.
Since oil prices started falling in June 2014, some 14 percent of the country’s mining support jobs have been lost — about 62,700 in all.
Some 5,100 workers providing support for extracting mining and extraction lost their jobs during the month, according to the employment report released Friday.