Tag Archives: energy jobs

Chevron to cut Houston jobs as part of larger upstream workforce reduction – Houston Business Journal

Chevron Corp. (NYSE: CVX) plans to cut 655 Houston jobs this year as part of thousands of cuts already announced for 2016.“In light of the current market environment, Chevron continues to take action by revising organizational structures, increasing efficiencies and reducing expenses,” Chevron said in a statement. “As part of this, we have undertaken a previously announced workforce reduction across our Upstream group.”

Source: Chevron to cut Houston jobs as part of larger upstream workforce reduction – Houston Business Journal

BP to cut jobs in Houston as part of global Upstream reductions – Houston Business Journal

BP PLC (NYSE: BP) expects to cut at least 500 jobs in Harris County this year, according to a letter the company sent to the Texas Workforce Commission.Many of the cuts are expected to occur in early June at three locations in Houston, according to the letter. BP spokesman Jason Ryan said the cuts are part of the approximately 4,000 additional job cuts the London-based company announced in January.

Source: BP to cut jobs in Houston as part of global Upstream reductions – Houston Business Journal

Anglo American to shed 85,000 jobs as it dumps coal and copper mines

Global mining giant Anglo American is getting ready to shed about 85,000 jobs as it sells off 60% of its assets over the next few years.

The company said it expects employee numbers to shrink to 50,000 from 135,000 as it overhauls its business in response to the collapse in commodity prices.

Source: Anglo American to shed 85,000 jobs as it dumps coal and copper mines

National Oilwell Varco to close support facilities in Houston, cut jobs – HBJ

Houston-based National Oilwell Varco Inc. (NYSE: NOV) is closing two more Houston facilities which will result in the loss of 85 more jobs.

The facilities are expected to close between Nov. 20 and Nov. 26, the company told the Texas Workforce Commission in a Worker Adjustment and Retraining Notification Act letter.

Source: National Oilwell Varco to close support facilities in Houston, cut jobs – Houston Business Journal

Halliburton job cut numbers surface, Houston at the center – HBJ

Halliburton Co. (NYSE: HAL) job cuts could amount to roughly 20,000 worldwide once finalized, and many will be in Houston, sources familiar with the matter say.Halliburton has terminated almost 16,000 positions globally, or approximately 19 percent of its workforce, since its peak in 2014, spokesperson Emily Mir said in a statement to the Houston Business Journal.

The company has announced to its employees that it will make further workforce reductions, primarily in North America, the statement said.”The company will continue to monitor the business environment and will continue to adjust the size of our workforce to align with current business demands as needed. We are committed to ensuring that our separated employees are treated with dignity and respect,” Mir said in the statement.

Source: Halliburton Co. job cut numbers surface, Houston at the center – Houston Business Journal

ConocoPhillips to cut more jobs in Houston, globally; 1,800 employees

Houston-based ConocoPhillips (NYSE: COP) plans to cut even more jobs as oil prices remain low and the industry downturn continues.The oil giant plans to cut 1,800 employees, or 10 percent of its workforce worldwide, mostly from North America, spokesman Daren Beaudo confirmed Sept. 1. About 1,000 core contractors also are expected to be cut.In Houston, more than 500 of ConocoPhillips’ 3,753 local employees will be cut. “We’ll know more in the next several weeks as we work through our formal process,” Beaudo said via email. “Our industry is undergoing a dramatic downturn, which has caused us to look at our future workforce needs. As we have assessed the implications of lower prices on our business, we’ve made the difficult decision that workforce reductions will be necessary. We have taken several significant steps as a company to strengthen our position, including reducing our capital spending and future deepwater exploration program. However, the workforce reductions are necessary to become a stronger, more competitive company.”

Source: ConocoPhillips to cut more jobs in Houston, globally – Houston Business Journal

Royal Dutch Shell announces more job cuts after BP, Chevron job cuts – Houston Business Journal

The Netherlands-based Royal Dutch Shell PLC (NYSE: RDS-A, RDS-B) is the latest global energy company to disclose it plans to cut more jobs as the downturn in oil prices continues.

The company said July 30 it plans to cut 6,500 jobs, including staff and direct contractors, this year and reduce capital investment by 20 percent compared to 2014.

via Royal Dutch Shell announces more job cuts after BP, Chevron job cuts – Houston Business Journal.

Across shale plays, overtime lawsuits are on the rise

After 18 years of working as an inspector, Greg McGeary took his first job in oil and gas last winter inspecting pipelines in the Marcellus Shale for a Florida-based startup.

It was a predictably tough gig — walking a pipeline in all types of weather and driving three hours a day to and from remote locations. That’s why the pay, what would amount to $150,800 a year for a typical work week, was high. But in oil and gas, there may not be such a thing as a typical work week.

This was Mr. McGeary’s first experience with a dayrate — $580 a day in his case — a common practice in the industry that many firms now are changing under mounting pressure from government regulators and civil lawsuits.

Lawyers involved in these types of suits say they are, in part, a symptom of the boom and bust culture in the oilfield: the boom brings in industry novices and exposes workers to long, hectic hours and the bust sends some looking for compensation they feel they couldn’t reap during peak time.

“I was told that the job was six days a week, 10 hours a day,” he said. But when he worked more than that, his pay remained the same.

Mr. McGeary’s job was to follow welders and check their work. Where pipelines crossed streams or other bodies of water, the workers had 24 hours to restore the sites to their original condition, which sometimes meant working well past his promised schedule.

Many days he didn’t know “when or if” he’d be returning home.

“I put my family through hell,” Mr. McGeary said. “I have a little girl who plays softball and I’d tell her, ‘I’ll take you to your game at night.’ I’m supposed to be done at 4 o’clock. And 4 o’clock rolls around and they say, ‘Oh, no,’” extending his shift for another eight hours.

The day rate was blind to the twists and turns of the job.

When Mr. McGeary bought his concerns to the company, “I was just told that I agreed to a 10-hour day and it didn’t matter that we sometimes had to work more — that’s all that they could pay me. In one particular instance, I worked 30 straight hours and I was told I could only get paid for 10,” he said. The company, North American Pipeline Inspection, denies that Mr. McGeary worked that long.

After five months on the job, Mr. McGeary quit and went to work for another pipeline firm, returning to an hourly wage. Two months later, in July, he filed a collective action lawsuit against North American Pipeline Inspection, on behalf of all of its employees in a similar predicament. About 30 other former workers have joined the lawsuit.

via Across shale plays, overtime lawsuits are on the rise.

Oil and gas declines hit Wyoming’s economy

Wyoming’s economy took a hit in the first quarter of 2015, thanks to the global drop in oil and gas prices.

That is according to a new report released by the state’s Economic Analysis Division.

But the same report notes counties that don’t rely as heavily on the energy industry remained fairly stable, seeing modest year-over-year growth for the quarter.

The report was written by the state’s principal economist, Wenlin Liu, and it focuses mainly on the changes from the first quarter of 2014 to the first quarter of 2015.

Liu said that while nearly every job sector in Wyoming saw year-over-year growth and state unemployment has dropped to 4 percent, mining was the one big exception.

That job sector saw a 2.4 percent drop in employment, equating to about 660 jobs.

“The simple reason was a dramatic decline in drilling rigs for oil and natural gas,” Liu said. “It’s not only oil prices, but natural gas prices too. And that’s directly affecting Wyoming’s economy.”

Only one other job sector saw year-over-year declines in employment, and that was “other services,” which cover a wide and disparate range of professions. Employment there fell 2.8 percent, shedding about 270 jobs.

In Wyoming’s case, Liu said the “other services” sector includes services that he believes are linked to the energy sector, which would help explain the decline.

“Lots of these are repair and maintenance services – auto repairs, machinery repairs,” Liu said. “And those are also related to the mineral extraction industry.”

via Oil and gas declines hit state economy.

Global Oil Layoffs Exceed 100,000 – Bloomberg Business

The promise of plentiful jobs and salaries as high as a quarter-million dollars a year lured Colombia native Clara Correa Zappa and her British husband to Perth, Australia, at the height of the continent’s oil and gas frenzy.

Engineers were in high demand in 2012, when oil prices exceeded $100 a barrel, making the move across the world a no-brainer. Within two years, though, oil plunged to less than half the 2012 price and Zappa lost her job as a safety analyst. Now she’s worried her husband, who also works in the commodities industry, could also lose his job.

Such anxieties are rising at a time when the number of energy jobs cut globally have climbed well above 100,000 as once-bustling oil hubs in Scotland, Australia and Brazil, among other countries, empty out, according to Swift Worldwide Resources, a staffing firm with offices across the world.

via Global Oil Layoffs Exceed 100,000 – Bloomberg Business.