Yahoo Finance The job market in the US shale patch is showing further tightness as drillers struggle to find enough workers to meet output targets this year, according to a Labor Department report released Friday. The unemployment rate fell to 2.5% in September from 2.6% in the prior month on an unadjusted basis, government figures show. That compares with
World Oil WASHINGTON – As President Biden prepares to meet with Saudi officials on Friday, the American Petroleum Institute (API) released a new video once again inviting the president to visit American energy sites and support the American producers who are poised to meet the growing demand for affordable, reliable energy and lead in this global crisis instead of turning to foreign
World Oil Employment in the U.S. oilfield services and equipment sector rose by an estimated 4,999 jobs to 633,198 in June, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council, and after adjustments to May numbers. May adjusted number of 628,190 is down from the preliminary of 628,793. Gains
World Oil Employment in the U.S. oilfield services, and equipment sector rose by an estimated 4,774 jobs to 628,793 in May, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council, and after adjustments to April numbers. April adjusted number of 624,019 is up from the preliminary of 622,309. Gains
World Oil Employment in the U.S. oilfield services and equipment sector rose by an estimated 2,698 jobs to 608,702 in March, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council. Gains were made in six of seven categories, including machinery manufacturing, chemical manufacturing, and petroleum and coal products manufacturing.
World Oil HOUSTON – Employment in the U.S. oilfield services and equipment sector rose by an estimated 7,450 jobs in December, despite the slow hiring in overall U.S. jobs, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council (Council). Gains were made in oil and gas extraction, as well
Nasdaq HOUSTON, Nov 15 – Workers locked out of their jobs at an Exxon Mobil XOM.N oil refinery this week begin casting ballots in a vote that will decide the fate of the United Steelworkers union (USW) at their Texas plant. Exxon locked out union members from the 2,700-acre Beaumont, Texas, refinery and oil packaging plant on May 1 after failed
World Oil HOUSTON (Bloomberg) –Exxon Mobil Corp. is weighing salary increases as it tries to halt employee attrition across its business divisions after sweeping job and benefit cuts. Chief Executive Officer Darren Woods told employees at a town hall-style meeting that they should be “encouraged” by the ongoing salary-review process, according to a recording of the event. “The policies we’re
Reuters HOUSTON – Workers locked out of their jobs at a Beaumont, Texas, refinery for nearly six months by Exxon Mobil Corp will vote on the company’s latest contract proposal, a United Steelworkers’ union official said on Monday night. The vote on the contract by 650 workers locked out of the 369,024 barrel-per-day refinery and adjoining lubricant oil plant is
Reuters Oilfield services provider Basic Energy Services will cut about 500 jobs in Texas, according to a filing with the state’s workforce commission, as the company works through Chapter 11 restructuring that includes asset sales. The job cuts are focused throughout Texas, with 135 positions eliminated in Howard county in west Texas and 120 in Tarrant County, where its headquarters
Reuters U.S. energy companies are moving to require that employees receive COVID-19 vaccinations as infection rates rise across the United States and energy workers, according to health surveys, remain among those most reluctant to get inoculations. Calls to require vaccinations for employees who work closely together in oilfield and refinery operations come as the U.S. Food and Drug Administration on
World Oil America’s energy technology and services sector added an estimated 6,082 jobs in July, a fifth straight month of growth, according to preliminary data from the Bureau of Labor Statistics (BLS) and analysis by the Energy Workforce & Technology Council (Council). The 1.0% growth comes after the sector added more than 32,000 positions over the preceding four months after
