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...

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...

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...

If you have an interest in the tons of crude oil that is transported around America, then you should know that there are numerous places where you can find petroleum pipeline jobs. There are more than 200 000 miles of pipes running across the nation and they not only transport crude oil to refineries and plants, but the refined products such as natural gas are also transported via these pipes to power stations, distribution stations and more. Working in the gas and oil pipeline sector can provide you will lots of options of where you can work, and it will also see you earning a high salary as many of the positions offered require a college degree and some on site training. Here are some of the jobs that you can find working oin oil pipelines: Oil Pipeline Construction Diver Oil and Gas Pi...

Some of the major oil companies have been working furiously on creating the world’s first liquefied natural gas plant (LNGP) due to the huge demand for energy in Asia. The competition is between companies including Royal Dutch Shell, Woodside based in Perth, Exxon Mobil, Inpex Corp based in Japan, and BHP Billiton among others. The process of the LNGP is to convert gas into a liquid form offshore on board a vessel instead of the traditional pipeline way. At the moment the leading innovator is Royal Dutch Shell who is working on the production of a floating facility in Browse Basin, Western Australia. Inpex Corp is working on a liquefied natural gas plant in the Abadi field in Indonesia, while Woodside has aims of creating a floating facility in the Timor Sea collaborating with Shell. Whi...

With more and more experts predicting a drop in oil and gas industry prices, BP Migas is actually offering tenders in June 2009 for 20 places in certain blocks in Eastern Indonesia. This means hundreds more jobs that will be available very soon for potential gas industry and oil industry workers. These 20 properties that BP Migas is tendering for are all deepwater drilling acres of the coast of Indonesia that have incredible potential. In the 2008 tenders there were 31 blocks that were been offered. The due date for direct bidders of this phase of bidding, which is Phase 2 has been pushed to the 20th February to allow more time to study the income tax implications. There are a total of 15 blocks that are offered for direct tender, and there are 16 blocks that are up for bidding via regular...

Working in an industry that can be described as unpredictable to say the least begs the question that every gas and oil employee wants to ask – “where can we find work in the gas and oil industry?” Well, luckily, thanks to Oil Job Finder you can search for plenty of jobs in the oil industry and the gas industry in many locations all over the world. With hundreds of jobs set to be filled in the upstream and midstream sectors of the oil and gas production industry, here are the percentages of where the jobs where as of 2005: 31 percent of the oil production was in the Middle East. 21.7 percent of oil production came from Eurasia and Europe. 16.5 percent was from North America although this number has been constantly increasing since the start of the Alaska Gas Natural Pipeline project...

The areas of Wood Buffalo and Fort McMurray in Canada just north of Montana are oil hot spots with hundreds of new jobs being offered all the way until 2012 and beyond in all areas of expertise from engineers and geologists, to drillers and assistants. In fact the city slogan for Fort McMurray is “We have the Energy” further cementing this as a long term project in which you can really benefit from by looking for oil jobs. With President Barack Obama making his first head-of-state visit to Canada on the 19th February, Canadian Prime Minister, Stephen Harper is expecting to discuss the issue of Oil Sands. With the new climate changes and energy efficiency that the United States and Canada are promoting, Barack is expected to speak out against the oil sands projects. The energy-s...

Working on an oil rig is a dangerous and difficult job and besides the long hours, and tough living conditions, you must also be away from home for long periods of time. The potential for boredom to set in is something that employees have to fight, as well as the tendency to become complacent when it comes to safety procedures. Recently in the wake of the tropical Cyclone Billy off the Australian and Indonesian Coasts, one oil producing vessel was caught off guard as its operator failed to pull up its anchors in time to vacate the area and avoid the cyclone. The vessel weathered most of the cyclone until its last anchor broke and it made its way to safety. No one was injured in the incident, although this might not have been the case if the storm had been worse. With this recent event, the...