The oil and gas industry is laying off workers at an unprecedented pace to cope with a pandemic that crashed energy prices and raised doubts about the future of fossil fuels. The oil, natural gas, and chemicals industry in the U.S. eliminated 107,000 jobs between March and August of this year, according to a report
Read More...
The Sixth Annual Pipeline Leadership Conference is taking place virtually in 2020 and is proud to announce the agenda and speakers. The theme for the event is “A 2020 Vision for Pipelines: What the Futures Holds.” The robust agenda focuses on the 2020 U.S. Presidential Election and other political impacts on the pipeline industry, economic
Read More...
The US oil and gas labor market is among the world’s most severely hit by the downturn that the COVID-19 pandemic has brought, a Rystad Energy analysis of the latest data from the US Bureau of Labor Statistics (US BLS) reveals. More than 100,000 oil and gas jobs have already been lost in total, with
Read More...
The highest priority for every energy pipeline company is protecting the public, the environment, and its employees from harm. Throughout the global pandemic, pipelines deliver gas, oil, and other fuels people need. These companies follow all the safety advice from health care authorities and government officials, and they have taken extra steps to keep their
Read More...
Despite the upheaval from COVID-19, energy and industrial leaders will likely continue to commit their companies to decarbonization programs, according to Deloitte. The consultancy reported Wednesday that it has surveyed 600 C-suite executives and other senior corporate leaders about low-carbon trends and strategies. “This year has turned out to be a decisive one for the
Read More...
Pipeline crews work in close quarters. Crews travel together to the work sites by bus or company vehicles. During work shifts, they take breaks and eat meals together on the buses. While convenient, these practices can pose a risk for virus transmission. During the current pandemic, physical distancing is a critical priority that pipeline construction
Read More...
Submar President, Tim Reggio, wants to assure clients that Submar is able to fulfill your needs safely at this time. He wants to let valued clients know that the company has strict measures in place to minimize any COVID-19 outbreaks in the workspace. Submar is following all Federal Government and State Authority directives in order
Read More...
What are pipeline control rooms? Busy, highly focused, and fast-paced professional environments, these are sophisticated facilities where operators monitor pipelines 24/7. They use state-of-the-art computer systems (similar to air traffic control systems) to recognize and respond quickly to any unexplained changes to the flow or pressure in a pipeline. Within the control rooms, walls of
Read More...
Oil prices reversed gains and turned positive on Monday after Saudi Arabia’s energy minister said the Kingdom aims to provide additional voluntary cuts in an effort to support global markets. Beginning on June 1, the Kingdom will cut output by an additional 1 million bpd, which, combined with the cuts agreed to by OPEC and
Read More...
During the final weeks of April, oil prices plunged to the lowest they’ve ever been in U.S. history in the wake of the ongoing COVID-19 pandemic. Just last week, crude oil trading was below zero for the first time in history. Experts say the COVID-19 pandemic has contributed to halting the demand for oil, resulting
Read More...