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Giant Oil and Gas Company, Exxon Mobile Expect To Spend $129 billion on New Project Oil and Gas Exploration
The head of Exxon Mobil Corp. said Monday the company is not planning to shrink its staff or cut back on investment because of the global economic downturn.
Mining ExplorationForum Discusse : Exploration of Coal Mine and Energy Alternative of Earth Safety
Environmental activist and climate change educator Peter Sinclair and coal plant project development manager Janet Vanderpool can agree on a few things: both are seeking low-cost energy, and the U.S. government needs federal regulations to control carbon dioxide emissions.
But they don’t agree on what the role of coal should be in the future, and they [...]
Mining Oil and Gas Stock Future, Potential M&A Target
The oil and gas sector is set for a major M&A boom with every stock in the sector a possible bid target, according to new research from the corporate finance team at Ernst & Young.
The Alternative Investment Market (Aim) has been relatively quiet in terms of deal flow since the credit crisis hit markets over [...]
Hot industry has engineers of all stripes in high demand
Nathan Epps and Merlin Peterson are both 32-year-old men who have civil engineering degrees. They’re sharp, honest and are young enough to contribute to an organization for three decades, easily.
Private engineering firms and government agencies around the world are competing heavily for people just like them.
Energy boom fuels exodus to oil fields
Bob Bryant had been stocking cottage cheese and skim milk in the dairy case at Safeway for a decade when he heard the siren song of oil and gas.
At the urging of an oil-worker friend, Bryant, 37, switched from being a dairy manager earning $14.21 an hour to a water-truck driver making $19.50. He started [...]
Staffing Is Main Constraint to Oil Output, Schlumberger Says
The biggest constraint to expanding global oil and gas production is a lack of trained younger and mid-career workers in the oil industry, said the head of the world’s largest oil-field-services company, Schlumberger Ltd.
The U.S., Canada, Russia and the Middle East have the largest supply deficits in “petro-technical” staff while China, India and Indonesia have [...]
Week in Review: Energy companies announce oil discovery
Oklahoma City-based Devon Energy Corp., the nation’s largest independent producer of oil and natural gas, said Monday it again has found oil in the deepwater Gulf of Mexico.
Nearly five miles below the water’s surface, Devon and its partner, Anadarko Petroleum Corp. of Houston, hit 250 feet of net oil pay, Devon stated in a [...]
Canaccord Adams Expands Energy Franchise With Analyst Hires in Houston
Canaccord Adams today announced the continued expansion of the firm’s energy practice with the hiring of Curtis Trimble as vice president and equity research analyst and Bill Cruise as senior associate. The team is based in Canaccord Adams’ Houston office, where they will focus coverage on small- to mid-cap companies in the oil field services [...]
Oil firms in speedy hunt for engineers
On your mark! Get set! … “Have you ever searched for oil under the ocean floor, or helped create products to improve fuels and lubricants? Hurry now, the clock’s ticking.”
Not your typical job interview, but several oil and gas companies are resorting to unusual hiring techniques they hope will succeed where traditional recruiting has failed [...]
