Human resources
The decision keeps the effective tax rate on upstream projects at 78%, prompting new warnings that investments will continue to dwindle in the UK Continental Shelf.
Launched by the SPE Integrated Reservoir Management Technical Section, this initiative provides young professionals with opportunities to apply next-generation skills, build confidence, and develop leadership capabilities, preparing them to guide the industry forward.
The Human Resource Development Corporation and Society of Petroleum Engineers Asia Pacific signed a memorandum of understanding to support the development of a future-ready energy workforce and strengthen Malaysia’s position as a regional hub for technical expertise and innovation.
-
The two largest oil companies in the US are shedding thousands of employees and contractors to cope with a steep decline in demand. -
Deloitte discusses the “great compression” of the oil and gas industry in which companies’ room to maneuver is restricted. How can the industry avoid a talent gap and stop an organizational challenge from becoming a precarious business problem?
-
Chevron is initiating its layoffs of up to 15% of its global workforce of 45,000 first announced in late May by asking employees to reapply for positions. It closed its $4.1-billion acquisition of Noble Energy this week in which it gained 2,200 employees.
-
Equinor plans to cut its global exploration staff by 30% in the next 3 years and plans to drill 30–40 wells globally this year. Ongoing labor strikes have led to the operator shutting in four of its platforms.
-
Shell's CEO said the Dutch supermajor has "too many layers" and that the move to downsize will help ensure its future. As a result, at least 9,000 people are expected to leave the oil and gas producer between now and 2022.
-
One of North America’s biggest midstream companies is getting a new chief in the new year. He will oversee the construction of a 1,200-mile-long pipeline that has been a decade in the making.
-
Although OFS employment is at its lowest point since March 2017, job losses slowed in August as companies start to recover.
-
The brain is adaptive and can change in both physical and functional forms. This phenomenon is called neuroplasticity. Understanding this neuroplasticity can lead to understanding how people can be happier, more engaged, and more productive at work.
-
Company cites COVID-19-driven decline in fuel demand in move following announcement of Australian layoff plan as latest cost-cutting measure.
-
The oil and gas industry has increased financial security for many by providing well-paying jobs, yet those opportunities have not been available to all. How can the industry increase diversity and access to well-paying jobs for women, African-Americans, and other under-represented groups?
