Blog Archives

‘Historic’ spending cuts putting future oil supply at risk, threatening future spike in prices

Financial Post – Top Stories 34m ago oil-prices An oil shock may be lurking around the corner as the price bust has hammered investment in future supply, according to the International Energy Agency. “Historic” investment cuts taking place now increase the

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Posted in business, drilling, economy, finance, fracking, job cuts, jobs, money, pittsburgh, technology, Uncategorized

Calfrac Well Services Ltd cuts another 500 jobs from North American workforce

Financial Post – Top Stories 8m ago layoffs-and-downsizing CALGARY — Calfrac Well Services Ltd. has cut another 500 jobs as gloom continues to linger over the oil and gas sector. The Calgary-based oilfield services firm says it now has 2,300

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Posted in drilling, entreprenuer, finance, fracking, job cuts, management, mananging, money, Uncategorized

For Oil Companies, It’s a Year of Slashing Costs and Jobs

Fortune 9m ago oil-prices Over the past several weeks, the world’s biggest oil companies have posted earnings that show just how brutal it is these days to be an oil major. The industry is going through the biggest downturn since

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Posted in advice, business, finance, management, mananging, money, pittsburgh, Uncategorized
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