Fracking has made the U.S. the world’s leading oil and gas producer, but drilling creates fewer jobs each year. The United States is pumping out more oil and gas than any country in history. But even ...
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago. By Rebecca F. Elliott Rebecca F. Elliott spoke to ...
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Big Oil Is Getting Leaner and Leaner
Exxon Mobil is slashing 2,000 jobs worldwide, it said Tuesday, the oil industry’s latest mass layoff as companies adapt to anemic oil prices and get more efficient at extracting fossil fuels. The oil ...
The number of workers in US oil fields and the amount they’re paid have now fallen for two straight months to their lowest levels this year, indicating the wave of mergers and acquisitions in the ...
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