COVID-19

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

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.

Several companies have provided updates on their North American LNG projects, including Pembina, LNG Canada, and Sempra. The outlooks vary from plans to move ahead to others seeking money to stay afloat.

Gas demand is expected to grow by just 2 Bcm in 2020, down from previous expectations of 6 Bcm. The Netherlands, UK, Germany, and Spain are expected to see the biggest impact.