In the oil industry we have to live with a lot of uncertainty. That's the message from the head of U.S. oil giant ExxonMobil to all of you. Rex Tillerson also said poor-managed company always overshoot to lay off employees on the way down. Tillerson... — read more 

OPEC again agreed to cede no ground to rival producers, keeping its faith that U.S. shale drillers and other higher-cost competitors will capitulate first. The plan is to spur a record slump in the number of active U.S. oil rigs and force rival... — read more 

Colorado’s oil and gas industry says it will need to fill tens of thousands of jobs over the next decade as the industry grows and people retire, and it hopes to fill many of those positions with women. While the industry is currently laying off ten... — read more 

Time for the offshore and engineers turns for sleepless nights then. Meeting on Friday Aberdeen layoffs (more)

Bob Dudley, CEO of BP, expects oil prices to remain low until at least 2016. OPEC won't back down so supply is still outstripping demand. That means the industry will still reduce headcounts throughout 2015 to cut cost during this low oil price... — read more 

You should copy your Asian co-workers working practices and surely you wont be having any problems.

Are there any BHI businesses up for sale undergoing DOJ/SEC hard review, thereby delaying announcement of disposal of assets?

If you think this will continue for two more months you are kidding yourself. Lists are being made and your name is on it. How far down are you. Did you take it all?

Baker Hughes is scheduled the second quarter earning report of 2015 on Tuesday, July 21, 2015. As you all already know, management is using a narrow view of quarter-by-quarter to steer the future of the company. We already had major layoff... — read more 

The rate of decline is slowing down, but it hits a 12-Year Low. When will the brutal downturn end? Since rig count is the leading indicator for the industry, once the drop end we will know the better future is ahead of us. And the industry starts to... — read more 

I would like my job at baker.

Manager in the woodlands suck. Especially M0$$....

Anyone know the minimum amount of weeks for the severance package?

Any more logistics analysts laid off?

Telling you like it is!

Last week ISIS set fire to the enormous processing plant just over 100 miles north of Iraq's capital last week. The Middle East’s major Arab powers has failed to contain the expansion of ISIL. They might encroach toward Saudi Arabia. As you already... — read more