From The Staff
OFS
![Over 1 Million OFS Job Cuts Likely in 2020]()
Over 1 Million OFS Job Cuts Likely in 2020
More than one million jobs in the oilfield service industry are likely to be cut in 2020, according to Rystad Energy.
INDUSTRY ACTIVITY
![Energy Survey Confirms Plunging Industry Activity]()
Energy Survey Confirms Plunging Industry Activity
Many firms can't cover operating costs at current prices and almost none can profitably drill new wells.
BUDGET CUTS
![Oxy Adds to Cuts and Icahn Wins Board Appointments]()
Oxy Adds to Cuts and Icahn Wins Board Appointments
Occidental Petroleum unveiled more cost-cutting Wednesday, along with changes to the board of directors.
TRUMP
![Trump Urged to Embargo Saudi and Russian Oil]()
Trump Urged to Embargo Saudi and Russian Oil
U.S. President Donald Trump has been urged to embargo Saudi Arabian and Russian oil in an open letter from Kevin Cramer, the U.S. senator for North Dakota.Jobs By Location
CAREER HEADLINES
Ex-Apache Executive to Join Antero Midstream Board
Tuesday, March 31, 2020 McArdle has been an executive in the oil and gas industry for over 30 years.
GulfMark Energy Names New President
Tuesday, March 31, 2020 He has over 20 years of experience in the midstream business.
Oil CEOs Back Plan to Cut Texas Output
Tuesday, March 31, 2020 Two of the biggest drillers in America's largest oil-producing state have asked Texas regulators to consider a cut to crude output after a historic price crash.
BP Issues AGM Warning
Tuesday, March 31, 2020 BP has outlined that it may not be possible to conduct its annual general meeting as usual this year due to the Covid-19 pandemic.
Evacuated FPSO Crew Member Tests Positive for COVID-19
Monday, March 30, 2020 The FPSO Aoka Mizu is operating on the Lancaster field, west of the Shetland Islands. PHOTO SOURCE: Hurricane Energy plc
BP CEO Says Staff Jobs Safe For at Least Three Months
Monday, March 30, 2020 CEO Bernard Looney made the promise in a live webcast to about 7,000 employees from his apartment in London.
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