The time for new jobs in oil and gas, especially in oil drilling is slowly rising, thanks to new approvals and leases by the U.S. Government, specifically in Alaska. Obama has recently approved 500 oil drilling leases off the coast of Alaska, and many other projects are waiting in the wings for approval. Many people [...]
Oil Sands
The oil and gas industry in Texas is increasing to pre-recession highs with over 224,200 oil exploration and oil production jobs in the area. This makes the oil and gas employment rate the highest it has been in Texas since October 2008, when it had its last oil industry peak, according to Karr Ingham, the [...]
A £50 million investment over the rest of the year by Swire Oilfield Services will see Aberdeen getting a job boost with a new headquarters being built, and £20 million of the amount being invested in the North Sea operations. This company specializes in supplying offshore units for carrying cargo, and has 20 new oil [...]
With the affects of global warming becoming ever more prominent and the oil industry taking a knock because of it, it might seem a bit hopeless to look for a job in the oil industry. The truth of the matter is that many small towns and cities in America rely on oil for their survival. [...]
With jobless rates climbing and many industries suffering, economists have predicted that the oil and gas industry in Canada, namely the Oil Sands will lead the growth over the next year. Oil Sands currently makes billions of Dollars and has created more than tens of thousands of Oil Sands jobs. Despite the controversy over the pipeline [...]
The oil sands project is about to get a boost as a new pipeline, the Keystone XL Pipeline, awaits approval for transporting heavy crude oil at Shell Albian Sands near Fort McMurray. This will mean a huge amount of new gas jobs for the United States. The oil sands project has been running for many [...]
The end of trading on Monday, oil had risen by 2 percent to $87, which is the highest it has been since October 2008. The rise in prices is due to the improvement of the US housing market, employment rates, and the overall optimism of the recovering economy. The Brent crude oil price reached $85.88 [...]
Canada based Husky Energy, the 3rd largest oil company in the country, is planning to expand its portfolios by placing more than 26 percent into two projects, namely the natural gas finds off the coast of China and the massive Oil Sands project. These two projects have been the focus of their attention for the [...]
After a slump in the oil prices and the slowing down of oil production, it is good to see that Suncor is restarting its development of the Firebag 3 Oil Sands Project. Located just north of Fort McMurray, this oil sands prospect is expected to produce about 68 thousand barrels of oil per day by [...]
Things are looking up for the oil industry and it seems as though the oil job market is stabilizing according to the latest Brent Crude and U.S Crude oil prices. Thursday the 4th June 2009, saw the oil price rise to a new high of almost $68 a barrel, which came in the wake of [...]
