April 17, 2015, 8:42 AM MDT
While layoffs are a necessary evil given the current oil and gas industry downturn and the resulting need to reduce costs, shrinking headcounts could come back to bite the oilpatch when the inevitable upswing occurs and the demand for skilled labour spikes.
April 13, 2015, 11:32 AM MDT
Talisman Energy Inc., whose takeover by Spanish company Repsol S.A. is expected to close in the second quarter, has reduced capital spending and cut jobs, while ConocoPhillips also confirmed layoff plans in Canada.
March 18, 2015, 11:12 AM MDT
Nexen Energy ULC, a wholly-owned subsidiary of CNOOC Limited, has announced organizational changes that will reduce its North American workforce by approximately 340 employees, with 300 of those in Canada.
March 17, 2015, 9:57 AM MDT
March 12, 2015, 10:02 AM MDT
Service companies are now faced with not only less work and customers asking them to reduce their prices, but the challenge of retaining the skilled labour they have paid premiums to hire and keep, a recent conference heard.
March 5, 2015, 8:54 AM MST