A new university study predicts that Louisiana will gain 35,800 jobs over the next two years, with Monroe adding jobs at the highest rate and New Orleans, still struggling to rebuild after Hurricane Katrina, adding jobs at the slowest pace. The study also highlights two wild cards that could change the numbers significantly. [...]
Continue reading...Saturday, June 27, 2009
Specialty Process Fabricators of Vicksburg, Mississippi will shut down over the next few months, laying off its 50 employees. The subsidiary of Ergon will lay off workers at its refining plant and ethanol plant as projects are completed. Ergon is based in Jackson, Mississippi. It includes operations as a refiner, transporter, producer, distributor and marketer of petroleum [...]
Continue reading...Thursday, May 28, 2009
Oil and gas producer Devon Energy will combine its international and gulf divisions into one offshore division based in Houston, eliminating some jobs. Spokesperson Chip Minty, who is also apparently a Ben & Jerry’s flavor, said the number of persons laid off should not exceed 75, and that some workers will be relocated within the firm. Oklahoma [...]
Continue reading...Friday, April 24, 2009
Louisiana gained 4,300 non-farm jobs in March, but the overall unemployment rate went up, according to the Louisiana Workforce Commission. Louisiana’s unemployment rate rose slightly, from 5.7% in February to 5.8% in March. That’s 2.3% lower than the national rate. The state lost 5,900 jobs in construction, manufacturing and petroleum; but the service sector added 10,200 jobs, [...]
Continue reading...Wednesday, April 22, 2009
Petrochemical firm Apache is cutting 200 jobs, or about 6% of its global workforce. The firm blames low oil and natural gas prices. “Lower commodity prices mean lower cash flow and capital budgets,” a spokesperson said. “We have reduced our employee ranks to reflect current activity levels.” Apache Corporation is an independent oil and gas corporation based in [...]
Continue reading...Tuesday, April 21, 2009
Halliburton cut more than 2,000 jobs in the first three months of this year. The oil industry services company, based in Houston and Dubai, said the cuts represented 12% of the global firm’s North American workforce. An undisclosed number of overseas jobs were cut as well. Founded in 1919, Halliburton operates in over 70 countries. It employs [...]
Continue reading...Monday, April 20, 2009
Pipeline company TransCanada and oil giant ConocoPhillips will create 900 construction jobs with the launch of work on the Nebraska section of the Keystone Pipeline. The $5.2 billion, 2,148-mile pipeline will carry a half million barrels of crude oil each day from Canada to refineries in the United States. The 215-mile Nebraska portion alone will cost [...]
Continue reading...Thursday, April 9, 2009
LyondellBasell, the world’s third-largest petrochemical company, will cut 3,000 jobs, or 17% of its workers, and reduce expenses by an additional $500 million by 2010. Rotterdam, the Netherlands’ LyondellBasell, whose Houston-based US operations are under bankruptcy protection, will reduce its contract workers by 30%, or 2,000, and close 10 plants and 20 offices. LyondellBasell started shuttering plants [...]
Continue reading...Monday, March 23, 2009
Pueblo, Colorado officials say the Water Company, a local water purification firm, is adding 140 jobs. The company sells its technology to oil refineries and other operations that need to clean up discharged water to meet federal regulations. The Pueblo City Council is considering giving the company an existing but unfinished building, a $1.4 million grant, and [...]
Continue reading...Friday, March 20, 2009
Schlumberger, the world’s largest oil field services company, is expanding operations in Louisiana as the result of a new natural gas find. The $48 million project will create 400 jobs the the Shreveport area. In January, Schlumberger said it would eliminate 1,000 jobs in North America, or 5% of its work force. The company, based in Houston, Paris [...]
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Wednesday, October 7, 2009
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