Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records ...Middle East

Chevron is cutting up to 9,000 jobs this year. That's a fifth of its global workforce, gone, while it digests the $53 billion Hess deal. ExxonMobil trimmed 2,000. BP shed more than 5 percent of its staff, plus 3,000 contractors. ConocoPhillips is cutting 20 to 25 percent. Imperial Oil is cutting a fifth of its people and shutting its Calgary office entirely. And in June, U.S. oil and gas extraction employment fell to 114,500 workers, the second-lowest June the Bureau of Labor Statistics has on record, beaten only by the pandemic bottom of 2021.…

Hence then, the article about oil and gas employment hits a 2026 low even as production sets records was published today ( Saturday 18/07/2026 - 06:02 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records )

Also on site :

• Egypt enhances cooperation with Bank of New York to develop financing tools, global access for companies
• Best AI Design Tools (2026): CapCut Named a Top Choice for Creating Images and Marketing Assets by Software Experts
• Central Africa: Gabon's Public Debt Rises 23 Percent As Government Turns to Regional Markets