Labor

Threats of recession in the United States and across Europe are gathering force amid festering inflation and rapidly rising interest rates, developments that already tapered oil consumption and could impact commercial and industrial natural gas demand. The latest indicator: The U.S. Labor Department on Friday reported the job market remains tight but hiring is slowing.…

European natural gas prices hit their highest point in months on Tuesday, extending a series of gains as the continent continues to face the threat of supply shortages on a number of fronts. A prolonged shutdown of the Freeport liquefied natural gas (LNG) export terminal in the United States, reduced flows from Russia on the…

The Department of the Interior’s (DOI) Bureau of Land Management (BLM) plans to hold a lease sale on June 28 for 23 federally owned parcels spanning nearly 3,406 acres in Montana and North Dakota. The sale notice issued by BLM’s Montana/Dakotas state office is part of a larger plan announced at the federal level to…

U.S. oil and natural gas extraction jobs began inching up in parts of the country in late 2016, and it can’t come quickly enough as the tight labor market apparently already is affecting onshore drilling efficiencies as operators raise more rigs.

Two Dominion subsidiaries began locking out 915 union-represented employees across six states Wednesday until negotiations on a new labor contract are completed.

Contrary to the optimism some oilfield services companies have expressed about finding a solid labor pool once the oil and gas upturn begins, many former employees have no intention of ever returning, according to a survey by Evercore ISI.

Halliburton Co. has agreed to pay almost $18.3 million total in overtime wages to 1,016 U.S. employees in one of the largest recoveries of its type in years, the Department of Labor said Tuesday.

While steep job cuts in the oilfields of Texas and North Dakota have been hard to miss in recent months, the Appalachian Basin has not escaped the trend…

While steep job cuts in the oilfields of Texas and North Dakota have been hard to miss in recent months, the Appalachian Basin has not escaped the trend, with the region’s workforce being trimmed and a less visible retrenchment still evident.