Tag: jobs

Halliburton CEO: Weak market will spur more job cuts

CEO Dave Lesar says Halliburton will create an oil field services behemoth of “over 120,000 employees” when it acquires Baker Hughes next year. The two companies separately have a sum of 136,000 employees, and haven’t said how many jobs will disappear to achieve an expected $2 billion in savings related to the merger.  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 »

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 »

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 »

Chemistry Council: Turning leftover plastic into oil could create thousands of jobs

An American Chemistry Council report found that there’s enough non-recycled plastic in the U.S. to feed hundreds of plastics-to-oil facilities and create thousands of jobs.  More »

Eagle Ford booms to the tune of $87 billion

Economic activity related to oil and gas exploration in South Texas is up 43 percent in just the last year in the region.  More »

Why Keystone XL Still Matters – 6 Years and Counting

Today marks the six year anniversary for TransCanada’s application for a presidential permit to build the remaining portion of the Keystone Pipeline system, better known as Keystone XL. After six long years of pushing paper in Washington, political rhetoric, and redundant studies, we still have inadequate infrastructure to manage the growing supply of crude oil […]  More »

Texas lawmakers focus on oil boom

Above all, the oil boom has emerged as a singular force driving the state’s great challenge of the 21st century, the post-urbanization population surge.  More »

Texas’ oil and gas industry expands to near-record levels

The Texas oil and gas industry is approaching records set in the 1970s, according to the latest Texas Petro Index.  More »

Houston pay tops nation on oil, gas strength

Houston outpaced every city in the nation in annual wage growth during the second quarter, thanks largely to a generous bump in oil and gas-industry pay, according to PayScale.  More »

Study: Cline Shale could have $20 billion impact

An updated study estimates that the oil and gas industry in a slice of West Texas could have a $20 billion economic impact and support more than 30,000 jobs by 2022.  More »

People making moves in Houston’s energy world

Check out the recent job changes and promotions in Houston’s energy business.  More »

Oil futures little changed after U.S. jobs report

A strengthening job market would be in important sign of recovery in the world’s biggest economy, which also translates into higher demand for energy.  More »

Report reveals top regions for energy job growth

Hiring in the oil and gas industry rose globally in the first quarter of 2014, led by Africa, Russia and North America, according to the Hays Oil & Gas Job Index.  More »

Oil producers make crude export pitch

The oil industry stepped up its campaign to export crude on Thursday, releasing a report tying the foreign sales to new jobs nationwide. But convincing motorists that selling oil overseas will lead to lower gasoline prices inside the U.S. may be a tougher political sell.  More »
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