COVID-19

ExxonMobil and Halliburton made additional cuts in spending and personnel.

The drop in gas prices, although greater than forecast, will not be to the same extent as oil prices.

The company's North American business will accelerate a restructuring that includes job cuts and furloughs over the next couple of months.

Networking is core to SPE activities, whether through an event, a local section meeting, service on a committee, or other activity. The rapid spread of the COVID-19 virus globally is having far-reaching effects across SPE activities.

The Denver-based shale producer is the first to cite the ongoing price war and COVID-19 pandemic as the triggers for its insolvency.

Sandvik and SNC-Lavalin made similar announcements in late March and would take further action if necessary.

SPE has a variety of resources to keep you connected during this difficult time.

Oil exploration and production jobs globally are at about the level they were after deep cuts following the 2014 crash. Now companies need to find more to cut.

The list of companies that are slashing millions and sometimes billions from their annual spending programs is growing longer as the ripple effects of a price war and pandemic spread across the globe.

The healthcare provider has developed and launched a new service to safely manage suspected cases of coronavirus following workers’ disembarkation from offshore locations.