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OilField

The petroleum industry, also known as the Oilfield, oil industry or the oil patch, includes the global processes of exploration, extraction, refining, transporting, and marketing of petroleum products. The largest volume products of the industry are fuel oil and gasoline

Plugging up old oil wells. Why don’t we fix this?

In Toole County, Montana oil is one of the biggest games in town. But these workers aren't drilling for oil — they are plugging...

Mass Layoffs While Executives Make Millions

Mass Layoffs While Executives Make Millions and Companies Go Bankrupt. That's according to oilprice.com While West Texas plunged into chaos, some shale founders were apparently...

U.S. oilfield shed 9,344 jobs in July – Oilfield Layoffs Report

The U.S. oilfield-services sector shed 9,344 jobs last month, a 43% increase from June’s losses. That pushes the industry’s total job casualties since the...

Oilfield workers are turning to Clean energy for Jobs

Getting out of the Oil and Gas Industry?
Joe Biden anti oil and gas

Is Joe Biden anti Oil and gas?

What is  Joe Biden Energy Policy ? will he end frac as Trump has stated? Back in 2019 Biden's presidential campaign unveiled a $1.7 trillion...

Oilfield companies will always put the bottom line first

It's all about the profit margins We live in a capitalist country after all. so we shouldn't be surprised when companies layoff thousands of...
oilfield layoffs

Thousands of oil wells have been shut in

Something that was considered unthinkable in the past is now a reality all across the U.S oilpatch. Across the  Permian Basin that is West Texas...
ND RIG COUNT

North Dakota Current Active Drilling Rig Count has Crashed

North Dakota Rig count has crashed compared to last year, and it could get even worse. The Bakken oil field is in freefall, Companies...
CAIRN Energy Mexico Bust

Cairn Energy finds a dry well in Gulf of Mexico.

CAIRN Energy has suffered fresh disappointment with the drill bit in the Gulf of Mexico. Edinburgh-based Cairn told investors yesterday that drilling on the last...

U.S. banks are preparing to start seizing the shale oil assets of companies

U.S. banks are preparing to start seizing the assets of ailing shale oil companies, Reuters reported today. Major U.S. lenders are preparing to become operators...

Trump – Saudis and Russia will ease pressure on oil

President Donald Trump said Saudis and Russia will ease pressure on oil, ending a price war that has contributed to crude’s massive plunge. The president...

FED: Third of Americans will be unemployed

Compared to other slowdowns in the Oilfield, Workers today will have a much harder time. Today's Laid off oilfield workers will need to compete...

Oilfield: MADE OVER 99K? NO GOVERNMENT HELP FOR YOU

If your an oilfield worker and made too much to qualify in your last tax filing, you probably won't be eligible for the cash...

Mainstream media is just catching on to the harsh reality of oil

https://www.hellenicshippingnews.com/with-world-running-out-of-storage-crude-oil-prices-in-tailspin. Global oil prices continue to be in a tailspin amid nationwide lockdowns to stop the coronavirus (COVID-19) pandemic and a deluge of production from...
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