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 ...
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Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records
U.S. oil and gas jobs hit a 2026 low even as production sets records, and the reasons have little to do with falling oil ...
Kris Schwendeman flung a leather satchel around his back and hiked across the vast showroom floor of the offshore industry’s largest annual summit, offering handshakes, business cards and resumes in ...
The U.S. oil and gas industry directly employed 2.04 million workers in 2023. That’s according to the Texas Independent Producers and Royalty Owners Association’s (TIPRO) latest state of energy report ...
Exxon, the largest oil company in the US, has long pitched itself as a stable giant in a volatile industry. Part of that pitch is that it doesn't do layoffs. Even as the price of oil crashed in the ...
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