Recession

Learning New Skills To Remain Competitive

The current oil & gas price crisis has created a lot of job cuts has affected lot of people. A job loses is so enormous that for every job opportunity, there are about 300 applicants. Truly,…


Crisis Driven Career Shift

Despite the recent bullish oil price, job cuts are still a common occurrence in the industry. Unemployment is still on the rise. There seems no signs of recovery in the near future. I am still positive though…


Why Oil Prices Will Remain Low Longer

Quotes from Karr Ingham speech at the Houston Petroleum Club luncheon on Tuesday. Karr Ingham is a professional economist who lives and works in Amarillo, Texas. He is the owner of Ingham Economic Reporting, an…


Global Market Meltdown – 2016

At the World Economic Forum in Davos, Switzerland, business leaders have been expressing their thoughts as Brent slides below $30 a barrel. Oil’s slump to a 12-year low is ripping through markets. Business leaders and…


Schlumberger Lays Off 10,000 – Oil and Gas News

Schlumberger, world’s largest oilfield services provider slashed 10.000 jobs in the fourth quarter of 2015. The company said that the reason was an expected extended activity weakness in the first half of 2016. This led…


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Survival of the Fittest

Oil and Gas prices continues to tumble. Some predictions say that it may go as low as $20. So how low will oil go? Paul Stevens, professor emeritus at the University of Dundee and a…


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