Texas drillers pumped more crude and service companies expanded payrolls faster in the first quarter, the Federal Reserve Bank of Dallas said on Wednesday. This time last year, US oil prices were at their lowest point in more than a decade and the collapse cost Texas more than 100,000 oil and gas jobs. Now, with
A new report warns that 8,700 more jobs in the Canadian energy sector could be lost if oil prices drop below US$50 per barrel. Enform, a firm that researches labour market trends in the Canadian energy industry, has released a study showing the oilpatch lost 52,500 direct jobs between 2015 and 2016 “along with thousands
Canadian Finance Minister Bill Morneau claims the new federal budget will boost a reviving Alberta economy, even as he defended tax changes that have upset the oilpatch. Speaking this week at a Calgary Chamber of Commerce lunch as part of his cross-country budget tour, Morneau said he believes Alberta is on the rebound after two
Louisiana’s Houma-Thibodaux area, which saw massive shedding of oil and gas jobs in the 2015 downturn, added 400 jobs in February, the first month since October the figure has increased, the state reported this week. According to the Louisiana Workforce Commission, Houma-Thibodaux’s workforce totaled 85,700 in January, up from 85,300 in December but down from
Total is partnering with Borealis and Nova in a joint venture the build an ethane steam cracker and a polyethylene unit on the US Gulf Coast, creating around 1,500 jobs during peak engineering and construction activity. The $1.7 billion new cracker is scheduled to start up in 2020. It will be built alongside Total’s Port
President Donald Trump on Tuesday dismantled the foundations of his predecessor’s government-wide effort to combat climate change, resumed the sale of coal from federal land, lifted carbon dioxide limits on power plants and ended Obama-era mandates that agencies consider global warming in a broad range of decisions. Flanked by coal miners, Trump enacted his “Energy
Halliburton last week said it will add 2,000 US jobs in the first quarter and is ramping up activity faster than anticipated to try to match surging gas and oilfield activity, especially in the Texas Permian Basin. In a rare operations update call, Halliburton Chairman/CEO Dave Lesar said the company is spending more money now
Italian billionaire steel tycoon Paolo Rocca, who controls Tenaris SA, the world’s largest maker of seamless-steel pipes for the energy industry, expects the creation of 600 American jobs at his $1.8 billion plant in Texas. The pipe-making plant is due to open later this year in Bay City to serve the shale wells, Bloomberg reports.
The Young Gastech programme, an integral part of the 2017 Gastech Exhibition & Conference, will take place in Tokyo on April 5th and aims to address the growing need to engage a new generation of LNG professionals to support the future growth of the industry. Gavin Sutcliffe, Head of Content at Gastech organizer, dmg::events Global
About 100 Calgary employees laid off two years ago will be offered their jobs back, as energy supplier Tenaris moves to re-open a shuttered manufacturing plant, according to the Calgary Sun. Tenaris said it will resume manufacturing in July at its Calgary Prudential pipe facility, which halted operations in 2015 due to the industry-wide slump.