Tag Archives | oil-price

Shell cuts 2,200 more jobs due to prolonged low oil prices

Shared from on 26 May 2016

Royal Dutch Shell will cut 2,200 more jobs, taking the total tally of losses to 12,500 from 2015 to 2016 as the world’s second-biggest oil company continues to adjust to the slump in prices.

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Shell cuts 2,200 more jobs due to prolonged low oil prices

Shared from on 26 May 2016

Royal Dutch Shell will cut 2,200 more jobs, taking the total tally of losses to 12,500 from 2015 to 2016 as the world’s second-biggest oil company continues to adjust to the slump in prices.

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Shell cuts 2,200 more jobs due to prolonged low oil prices

Shared from on 26 May 2016

Royal Dutch Shell will cut 2,200 more jobs, taking the total tally of losses to 12,500 from 2015 to 2016 as the world’s second-biggest oil company continues to adjust to the slump in prices.

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Schlumberger cuts 10,000 jobs as oil price slump continues

Shared from on 22 January 2016

Oilfield service provider Schlumberger reports heavy losses and 10,000 job cuts amid the ongoing slump in the price of crude.

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BP says thousands of jobs will go as low oil price savages profits

Shared from on 29 October 2015

BP has warned of further job cuts as it revealed a  40 per cent dive in third-quarter profits and announced plans to slash costs to deal with the prolonged oil price slump.

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Wood Group cuts 5,000 jobs on oil price fall

Shared from on 18 August 2015

Oil services firm Wood Group says it has cut 5,000 jobs this year as the fall in the price of oil has hit profits.

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Oil price crash claims 1,000 jobs in North Sea

Shared from on 17 August 2015

Oil services business Wood Group has cut more than 10pc of its UK workforce as lower energy prices see spending in industry slashed

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Oil price crash claims 1,000 jobs in North Sea

Shared from on 17 August 2015

Oil services business Wood Group has cut more than 10pc of its UK workforce as lower energy prices see spending in industry slashed

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World’s largest oil services firm takes job cuts in 2015 to 20,000

Shared from on 17 April 2015

Schlumberger, which provides drilling technology and equipment to oil and gas companies, expected to cut jobs in North Sea following slump in oil price

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Total to slash oil jobs in UK after making fourth-quarter loss of £4.2 billion

Shared from on 12 February 2015

French oil giant Total has set out plans to slash jobs at Britain’s third-biggest refinery as well as halving production after posting a $5.7 billion (£4.2 billion) loss in the fourth quarter.

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Total to slash oil jobs in UK after making fourth-quarter loss of £4.2 billion

Shared from on 12 February 2015

French oil giant Total has set out plans to slash jobs at Britain’s third-biggest refinery as well as halving production after posting a $5.7 billion (£4.2 billion) loss in the fourth quarter.

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Halliburton to cut up to 6,400 jobs

Shared from on 11 February 2015

The US oil services giant said a 'challenging market environment' meant it would be forced to cut up to 6,400 jobs across its global operations

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Halliburton to cut up to 6,400 jobs

Shared from on 11 February 2015

The US oil services giant said a 'challenging market environment' meant it would be forced to cut up to 6,400 jobs across its global operations

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BP freezes pay of 84,000 staff globally as oil price drop bites

Shared from on 27 January 2015

Company director Bob Dudley, who received £9.1m in 2013, tells staff $50 barrel oil means salaries cannot rise

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Firms should boost wages after oil price fall, says PM

Shared from on 17 January 2015

Companies profiting from falling oil prices should pass on the benefits by increasing workers' wages, Prime Minister David Cameron has suggested.

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