PowerSwitch Main Page
PowerSwitch
The UK's Peak Oil Discussion Forum & Community
 
 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Oil Industry Job Cuts

 
Post new topic   Reply to topic    PowerSwitch Forum Index -> News
View previous topic :: View next topic  
Author Message
Shortfall



Joined: 25 Dec 2013
Posts: 382

PostPosted: Thu Dec 11, 2014 8:37 am    Post subject: Oil Industry Job Cuts Reply with quote

http://www.theguardian.com/business/2014/dec/10/bp-to-make-hundreds-of-job-cuts

Quote:

BP to spend nearly £640m making hundreds of job cuts as oil price slumps

Continued fall in global oil prices and demand forces BP to plan staff redundancies in all segments over the next year

Meanwhile, in other news from the oil industry:

https://www.pressandjournal.co.uk/fp/business/north-of-scotland/426471/undefined-headline-651/

Quote:
The UK oil and gas industry will shed up to 35,000 jobs over the next five years as major firms cut spending plans in the North Sea, a report predicts.

But the industry will need to take on as many as 12,000 new entrants up to 2019. These will make up for those retiring, as well as to fill jobs in areas such as enhanced oil recovery and shale gas fracking.

The findings were revealed in a report commissioned by trade body Oil & Gas UK, skills group Opito and the Department for Business, Innovation and Skills (Bis).

The report, entitled “Fuelling the next generation – a study of the UK upstream oil and gas workforce”, said it expected the number of jobs currently supported by the North Sea – 375,000 – would fall 9% to 340,000 by 2019.

_________________
Shortfall - the amount by which a supply falls short of expectation, need or demand.


Last edited by Shortfall on Fri Dec 19, 2014 2:49 pm; edited 1 time in total
Back to top
View user's profile Send private message
Shortfall



Joined: 25 Dec 2013
Posts: 382

PostPosted: Thu Dec 18, 2014 8:13 am    Post subject: Reply with quote

http://www.bbc.co.uk/news/business-30525539

Quote:
UK oil industry facing 'crisis' with price under $60

_________________
Shortfall - the amount by which a supply falls short of expectation, need or demand.
Back to top
View user's profile Send private message
Shortfall



Joined: 25 Dec 2013
Posts: 382

PostPosted: Fri Dec 19, 2014 2:49 pm    Post subject: Reply with quote

http://www.bbc.co.uk/news/business-30545300

Quote:
A leading figure in the UK's oil industry, Sir Ian Wood, has told the BBC warnings the industry is close to collapse are "well over the top and far too dramatic".

Sir Ian, a veteran oil man who was commissioned by the government to review the industry, said conditions would begin to recover next year.

_________________
Shortfall - the amount by which a supply falls short of expectation, need or demand.
Back to top
View user's profile Send private message
Display posts from previous:   
Post new topic   Reply to topic    PowerSwitch Forum Index -> News All times are GMT + 1 Hour
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum


Powered by phpBB © 2001, 2005 phpBB Group