In an effort to reduce global warming, the Alberta Oil Sands project in Canada has taken a few knocks, to say the least. In the most recent Reuters Global Energy Summit held in Washington today, Steven Chu, the US Energy Secretary, stated that an agreement would have to be reached regarding the Oil Sands project and its impact on the environment. A firm believer in technology, Chu believes that this will be the answer to the Canada Oil Sands industry, which brings the largest supply of foreign crude oil into the US. Unfortunately, whilst very effective and securing strong ties with Canada, the Oil Sands project does pose some environmental damage regarding deforestation, global warming, and water resources, which various environmental groups have pointed out. The governments of Canada and ...

Working on an oil rig, whether off the Gulf of Mexico or in Alaska, is a dangerous job. These maritime jobs do offer excellent pay, which is why so many people consider leaving their homes, family and friends for months on end to work on a this floating city. Being a deckhand is quite tough and you will have to make sure you are ready to work hard and for long hours, but the pay and benefits you receive will all be worth it in the end. Finding deckhand jobs can be hard, because you have no idea where to look. Well, you don’t need to worry any longer, because if you just become a member of Oil Job Finder, you can learn about all the current deckhand jobs on oil rigs that are available. Deckhands are always needed on any vessel, so if working on an oil rig is not really your thing, you ca...

JobFinder Members – Make sure to login on a regular basis and check the job listings in the JobCenter.  New job listings are posted there multiple times per week. ...

According to the recent US stock market results, there has been a dramatic boost in the economic standings for many sectors including retail, gold, real estate, and oil. Since the 9th March 2009, various stocks have risen from 1 percent to over 50 percent, leading strategists to believe that the worst economic crisis since the Great Depression of 1929 is slowly coming to an end. The snowball effect that one industry’s markets have will cause the rest to follow suit. The construction and real estate industry saw a 3.2 percent increase, which allowed the crude oil to follow with a 5 month high increase. The estimated price per barrel for oil in June will have risen from $1.27 since November 2008 to $54.47 per barrel. This substantial increase in the price of oil will have an extremely posi...

A recent year-long study off the coast of Alaska in the Outer Continental Shelf by the University of Alaska Anchorage’s Institute of Social and Economic Research and Northern Economics Inc, has revealed that a new development could create 35 000 jobs throughout the state every year. This Outer Continental Shelf Development will offer much needed job security and new jobs for the major cities in Alaska as well as the more rural areas creating a 5 percent statewide increase in the population. This is great news for Alaska’s economy, because aside from the actual development that will create oil jobs and gas jobs in Alaska, it will also provide additional opportunities for travel jobs, tour guide jobs, Alaskan fishing jobs, and much more. Shell Exploration and Production was responsible f...

Approval was given by the Maryland Public Service Commission for Columbia Gas to allocate nearly $62, 400 to its Fuel Fund, while Pennsylvania added more than $ 572, 000 to the fund. The fund is there to help low income customers and with the boost from Maryland, it is estimated that almost 400 more customers could be assisted in this time of economic crisis, while 1700 customers will benefits in Pennsylvania. Columbia Gas started the Fuel Fund as an aid to families who are battling to make ends meet and that have exhausted all other options when it comes to paying their natural gas bills on time. The president of Columbia Gas in Pennsylvania and Maryland, Terrence Murphy, is dedicated to sustaining the natural gas all year round for the people of each area, and they also readily offer pay...

A new tax structure is set for the gas and oil production in Alaska starting in 2010. This change in taxes has been proposed to assist the state in gaining enough revenue from a large diameter natural gas pipeline before space starts being sold for the proposed pipeline, and also to help stabilize the industry, thus giving more job security in Alaska. The decoupling process will make sure that the gas industry and the oil industry are separately taxed making companies more willing to bid for places during the so called “open season” by the Alaska Gas Inducement Act (AGIA). The goal is to encourage predictability in the industry and improve production and development. One of the concessions made through AGIA is to commit to a tax structure for the 10 years following the open season. The...

The Canadian oil industry has been affected by dropping oil prices, but Energy Minister, Mel Knight along with Canada’s government has ensured that jobs in oil and gas are safe due to a $1.2 billion boost into the Alberta sector. This is considered a short term response to the global economic crisis and is also not to be seen as a “gift” to bail out the oil companies. The Alberta oil workers are only given credit when they earn it. These incentives include a low 5 percent royalty on any new oil and gas wells that are discovered, and a royalty credit for every meter of drilled well. This royalty and credit program is designed to cushion the impact for small oil companies who will end up owing less than half the royalties, and it will mean that large oil companies are limited to 10 per...

This week the number of active oil rigs in the United States dropped to 1243, making a decline of 57 altogether. Most of the oil rigs have been listed as searching for natural gas (970), while 260 of them have been looking for oil, and 13 are listed as miscellaneous. The largest oil producing states have been affected the most with Texas losing 26 oil rigs, 7 each being lost by Colorado, Louisiana, and New Mexico, 4 were lost by North Dakota, Oklahoma lost 10, and Wyoming have lost 2. On the other side of the scale Alaska oil seems to be booming as they gained 4 new oil rigs this week. Arkansas also added one. Alaska seems to be the best place at the moment to work on board an oil rig, so make sure you search all the oil rig jobs on Oil Job Finder. At Oil Job Finder you can become a member...

About 17 feet of oil was discovered in the Four Rivers Project on Saturday the 28th February 2009. The Four Rivers Project consists of various prospects running through parts of Louisiana and Mississippi. The oil was discovered after the third well in the Sunnyside Prospect reached a depth of 6000 feet. There are 2 zones that are considered to be profitable at the moment and the Chief Engineer of the oil company in charge, Pryme, is confident that this primary well and another shallower secondary well will raise the potential for additional drilling locations. One of the new locations set for drilling in a few weeks time is the North Natchez prospect. With this discovery and the many new drilling prospects in this area and others around the country, there are also plenty of oil drilling jo...