Redundancies News


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Ex-BP CEO Looney Takes $2.3MM Hit in 2023 Compensation
Former BP Chief Executive Bernard Looney took a GBP 1.8 million hit to his total compensation in 2023.
7:00 PM EST | March 08, 2024
Average of 100 Coal Layoffs Per Day Until 2035: Report
Almost half a million jobs will be cut in the coal industry by 2035, as the market shifts toward renewable energy, according to analysis by the nonprofit Global Energy Monitor.
8:00 PM EST | October 10, 2023
Will ChatGPT Affect Oil and Gas Jobs?
Representatives of Piper-Morgan Search and HireStrong LLC share their views.
8:00 PM EST | April 12, 2023
What Bad Habits Should Oil and Gas Jobseekers Avoid?
Representatives of Piper-Morgan Associates, Petroplan, HireStrong LLC and Kaye/Bassman's Energy Practice offer some advice.
7:00 PM EST | January 29, 2023
Enphase Energy Reports Growing Interest For Battery Storage In Oregon
Enphase Energy has seen the deployment of its Enphase Energy System grow in Oregon following outages during last summer's heatwave.
7:00 PM EST | March 06, 2022
Pandemic Affects Oil Worker Mental Health
The pandemic has had a significant impact on people's mental health in all walks of life, according to mental health charity Support in Mind Scotland.
8:00 PM EST | March 18, 2021
Shell Shares Hit Lowest Point Since 1995
Royal Dutch Shell Plc dropped to the lowest in 25 years a day after announcing a companywide overhaul
8:00 PM EST | September 30, 2020
Justin Bieber Highlights Oil Pain
Justin Bieber, one of the world's best-selling music artists, has highlighted the pain of oil industry layoffs in his latest music video.
8:00 PM EST | September 22, 2020
Aberdeen Uni Offers Free Upskilling
The University of Aberdeen is offering a limited number of free places on a range of online short courses in 2020 and 2021 for anyone employed, unemployed or furloughed in Scotland.
8:00 PM EST | August 23, 2020
Oil Majors Make Uncomfortable Admissions
Here are some of Rigzone's top stories during the last week, just in case you missed them...
8:00 PM EST | August 21, 2020
Apache Finds Very Substantial Oil Resource
Here are some of Rigzone's top stories during the last week, just in case you missed them...
8:00 PM EST | April 09, 2020
OGUK Hosts Webinars to Help Firms Through Pandemic
OGUK is hosting a series of webinars for its member companies to learn more about the support available to them in the wake of the coronavirus pandemic.
8:00 PM EST | April 09, 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.
8:00 PM EST | March 25, 2020
UE Manufacturing Cuts Staff Count by 50 Percent
The oilfield service company laid off 111 employees permanently.
8:00 PM EST | March 24, 2020
Apache, FTS International Add to Oilpatch Layoffs
The wave of rapid cost-cutting and right-sizing in the oilpatch continues.
8:00 PM EST | March 23, 2020
Tenaris Cutting 900+ Employees
Tenaris is cutting more than 900 employees in the United States due to the sharp decline in the price of oil.
8:00 PM EST | March 22, 2020
Apache to Close San Antonio Office, Cut Hundreds of Jobs
Apache Corp. is shuttering its San Antonio office, resulting in the layoffs of hundreds of employees.
7:00 PM EST | January 08, 2020
Energy Transfer Lays Off 108 Oklahoma Workers
Energy Transfer LP has laid off 108 employees at its Tulsa, Oklahoma office, according to a notice sent to the Oklahoma Office of Workforce Development.
7:00 PM EST | January 05, 2020
Roan Resources to Cut Almost 100 Jobs in OKC
The Oklahoma City-based independent is laying off 92 employees amid its merger with Citizen Energy.
7:00 PM EST | December 11, 2019
Halliburton Confirms More Layoffs in Oklahoma
Halliburton has confirmed job cuts in Duncan, Oklahoma, just days after closing a facility in El Reno, Oklahoma.
7:00 PM EST | December 05, 2019
Halliburton Shutters Oklahoma Office, Cuts 800 Jobs
The Houston-based oilfield services giant will be closing its office in El Reno, Oklahoma and laying off more than 800 employees.
7:00 PM EST | December 02, 2019
NOV, Pumpco Energy Services Cut Jobs in Texas
Two oilfield services companies have conducted layoffs in Texas, according to notices received by the Texas Workforce Commission.
7:00 PM EST | December 01, 2019
Ex-Petrobras Trader Tells Judge Vitol Bribed Him
A former Petrobras oil trader told a Brazilian judge he received bribes from Vitol Group to favor the firm in contracts with the crude producer, court documents show.
7:00 PM EST | November 24, 2019
Salaries Growing Faster in Texas Than NY
The New York city area may boast the largest share of personal income in the U.S. but pay is growing the fastest in the much smaller oil-boom towns of Odessa and Midland.
7:00 PM EST | November 18, 2019
Gulfport Energy Cuts Jobs, Suspends Share Buybacks
U.S. shale and gas producer Gulfport Energy Corporation has cut staff and suspended its share repurchase program in efforts to cut costs.
7:00 PM EST | November 17, 2019
Range Resources Closes Houston Office, Lays Off Staff
U.S. natural gas producer Range Resources Corporation will be closing its Houston office, resulting in the layoffs of 50 Houston employees.
7:00 PM EST | November 12, 2019
Weir Group Cut 450 US Jobs from Oil, Gas Division
The Weir Group, plc cut one-fifth of its oil and gas workforce in the U.S. during third quarter as it encountered weak market activity in North America.
7:00 PM EST | November 06, 2019
Aker Solutions to Cut Jobs in Aberdeen
The energy services firm revealed plans to cut nearly 100 jobs in Aberdeen.
8:00 PM EST | October 17, 2019
Energean to sell Edison's North Sea Assets for $250MM
The sale is contingent on Energean completing its proposal to acquire Edison E&P.
8:00 PM EST | October 13, 2019
Halliburton Cuts 650 Jobs in US
Oilfield services giant Halliburton has laid off 650 employees in the U.S.
8:00 PM EST | October 08, 2019
Oilfield Tanker Company Closes Business in Texas
Stevens Tanker Division, LLC, a Dallas, Texas-based oilfield fleet solutions provider, is shutting its doors soon.
8:00 PM EST | October 03, 2019
EQT Cuts 23 Percent of Workforce
The Pittsburgh-based natural gas producer expects to save approximately $50 million annually from the layoffs.
8:00 PM EST | September 10, 2019
Flint Energy Services to Lay Off Permian Workers
Flint Energy Services, Inc., a subsidiary of engineering firm AECOM, is laying off more than 100 workers in the Permian.
8:00 PM EST | September 02, 2019
Oil Has a Millennial Problem
Oil companies have a problem, and his name is Robert Paver.
8:00 PM EST | August 01, 2019
Job Cuts Needed at Sollum Voe Terminal by Year-End
Organizational changes at the Sullom Voe Terminal will require around 60 permanent EnQuest employee job cuts at the site by year end.
8:00 PM EST | July 03, 2019
Energy Training Fund Helps Thousands
The Scottish government's $15.2 million Transition Training Fund for those affected by the global downturn in the oil and gas sector has helped 4,272 people.
8:00 PM EST | May 26, 2019
Program Aimed at Redundant O&G Workers Opens Third Round
An initiative which has brought together redundant oil and gas professionals to create and launch new energy businesses is opening applications for its 3rd round.
8:00 PM EST | September 17, 2018
Global Commodity Trader Koch Cuts Staff In Restructuring
Koch Supply & Trading has cut dozens of workers across at least four offices worldwide, sources say.
7:00 PM EST | February 26, 2018
Hess Cutting Hundreds of Workers As It Battles Activist Investor
Hess Corp is cutting roughly 13 percent of its workforce.
7:00 PM EST | January 15, 2018
US Jobs in Mining End 2017 Relatively Unchanged
Ending out the year, oil and gas jobs in the US didn't see much movement.
7:00 PM EST | January 04, 2018