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College initiative aims to keep oil workers in North Dakota

FARGO, N.D. — Newly hired North Dakota University System Chancellor Mark Hagerott was recently touring the state’s booming oil patch when the Rhodes scholar met a rig worker with a high school diploma. Hagerott, a cybersecurity expert, said he soon found himself talking shop with an intellectual equal. “As a former nuclear engineer, I was asking questions about power ratings, ...

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It’s good news: Unemployment rate in area is up

The unemployment rate is up slightly, but it turns out to be good news this month. The Scranton-Wilkes-Barre-Hazleton Metropolitan Statistical Area’s (MSA’s) seasonally adjusted unemployment rate increased by one-tenth of a percentage point in July to 6.3 percent, after two consecutive months of declines. Luzerne and Schuylkill counties went up two-tenths of a point, while Lackawanna and Carbon counties went ...

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Shifting oilfield workforces: From Boomers to Millennials

Interested in observing how multiple generations are working together? Then, get thee to an oilfield where you’ll find Baby Boomers (b. ‘46-’65), Generation Xers (b. ’66-’80) and Millennials (b.’80-2000) working in tandem. This may sound rather harmonious, but every generation has its gripes about the other. The advent of technology has left the most distinguishable impression that accounts for differences ...

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Report: Clean energy sector’s job market booms

Unless you’ve succumbed to the hermit lifestyle, you’re probably well aware of the mass shedding of jobs from oil and gas companies as global crude prices continue to sink. But where oil and gas jobs waver, clean energy jobs thrive, according to a report from Environmental Entrepreneurs, or E2– a self-described national nonpartisan business group. The group found that the ...

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Economist: ConocoPhillips Alaska job cuts will hurt, but it could be worse

conocophilips

The announcement this week by ConocoPhillips that it may cut about 120 jobs in Alaska is bad news for the economy, but a state labor department official said Wednesday the damage could have been worse. Neal Fried, an economist for the Alaska Department of Labor and Workforce Development, said Alaskans should be nervous, but not panicked about ConocoPhillips’ 10-percent job ...

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ConocoPhillips plans to cut 10 percent of its workforce

NEW YORK — Energy company ConocoPhillips, which has already cut 1,000 jobs this year, says it will eliminate around 1,810 more positions following a plunge that took oil prices to their lowest levels in years. The company said Tuesday it is eliminating 10 percent of its workforce. The biggest proportion of the job cuts will be in North America. ConocoPhillips ...

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28 Shreveport-area oil service employees losing jobs

SHREVEPORT, La. — A corporation that provides services for the oil and gas industry is laying off 28 employees at its Shreveport facility. Baker Hughes notified the state of the layoffs in a letter late last week. A copy was released Monday by Louisiana’s labor department. The company said the layoffs are the result of cutbacks in exploration, drilling and ...

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Jobless rate nudges up

Unemployment nudged up slightly for the Scranton/Wilkes-Barre area in July to 6.3 percent as the region struck an all-time high in total nonfarm jobs. The region hit a record of 266,300 nonfarm jobs in July, besting the past high of 263,900 jobs in the summer of 2007, according to data released Tuesday by the state Department of Labor & Industry. ...

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Where there is oil money, crime follows

CARLSBAD — The oil and gas industry sustains more than just the local economy in Eddy County, it is also inadvertently fuels crime rates in the area. Statistics show that crime rates have been steadily rising in Carlsbad and Eddy County since the beginning of the boom, causing some agencies to get creative with their resources and straining the resources ...

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Target Logistics to build new Permian Basin mancamp

A pump jack which produces oil from the Permian Basin in Artesia, New Mexico, is seen in this undated handout photo provided by Devon. REUTERS/Devon Energy/Handout via NewsCred

Target Logistics recently announced plans to build a new 200-bed mancamp somewhere in West Texas for “one of the world’s largest independent oil and natural gas exploration and production companies,” at a time when occupancy rates at such facilities suffer from the oil and gas downturn. Woodlands-based Target Logistics did not disclose the company that commissioned the lodging facility or ...

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