President Donald Trump promised boom times for oil and gas when he took office in January. Instead, the industry is cutting jobs.
Exxon Mobil announced on Tuesday that it would lay off 2,000 workers globally, the most recent mass layoff in the oil industry as businesses adjust to lower oil prices and more productive drilling ...
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. U.S. shale jobs fell 1.7% in August. Producers slow drilling, defer ...
President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices down” and another calling on the Department of Energy to “drill, baby, drill ...
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago. By Rebecca F. Elliott Rebecca F. Elliott spoke to ...
Texas oil and gas field employment slipped over the summer as crude prices hovered just above break-even levels and global supplies stayed abundant. Nearly 3,000 upstream workers, about 1.5% of the ...
One of California’s worst oil spills occurred off the Santa Barbara coast in 2015, when a corroded pipeline burst.
The global oil and gas industry is facing a severe downturn with widespread job losses and investment cuts. Falling crude prices, exacerbated by OPEC+ output increases, are making it difficult for ...
Oil rig platform Esther and large container ships anchored off the Huntington Beach coast in 2021. A package of energy bills passed by California lawmakers would help expand oil production in the ...
In a bid to stabilize struggling crude-oil refineries, state lawmakers on Saturday passed a last-minute bill that would allow the construction of 2,000 new oil wells annually in the San Joaquin Valley ...