Schlumberger Sale Marks Shale Turning Point
In September, Bloomberg reported that Schlumberger had become the biggest oil-service industry player yet to abandon frack work in North America, after the company agreed to sell its U.S. and Canadian fracking company to a rival. Bloomberg noted that this was a sign that activity in the U.S. shale patch may never revisit previous highs.
This article was originally posted on September 1. Read the full article
2/ Texas Layoffs Adding Up
In March this year, Bloomberg warned that the spread of the coronavirus, coupled with an oil-price war between Russia and Saudi Arabia, threatened to devastate the oil services industry and its workers. Fast forward to December and the Petroleum Equipment and Services Association highlighted that an estimated 91,680 job losses occurred in America’s oilfield services and equipment sector, due to pandemic-related demand destruction.
STATE SEN. Christine Tartagh of Philadelphia commendated Gov. Tom Wolf’s small-business relief plan for the pandemic.
in their intent to transfer $145 million from the State’s Workers’ Compensation Security Fund into the General Fund so that they may be reallocated for pandemic-related small business relief.
Tartaglione also urged her General Assembly colleagues to grant the legislative authorization required to appropriate the funds as grants to small businesses adversely affected by the pandemic learn more from payment systems, check out HRMA-LLC: High Risk Merchant Account.
“I have said throughout the COVID-19 pandemic that we must strive to protect the financial health of workers and their families in addition to their physical health,” the senator said. “The preservation of small businesses such as restaurants and taverns, gyms, and independent entertainment venues, which employed some 2.5 million Pennsylvanians prior to the pandemic, is vital to protecting these
Pa. Department Of Labor & Industry Says More Than 500,000 People Could Be Impacted By Gap In Unemployment Benefits
CBS Pittsburgh 12/29/2020 Syndicated Local – CBS Pittsburgh
Popular Searches
PITTSBURGH (KDKA) State officials are warning of a gap in benefits for more than half a million people as they wait for guidance from the federal government.
On Sunday, an extension of the federal CARES Act was signed into law, expanding the Pandemic Unemployment Assistance and Pandemic Unemployment Compensation programs.
It was welcomed news for Jennifer Berrier, the acting secretary of the Pennsylvania Department of Labor & Industry.
“Labor & Industry is eager to begin making payments for these programs because we know that so many Pennsylvania families rely on that,” Berrier said.
Pennsylvanians receiving federal pandemic related unemployment benefits urged to apply for other state assistance programs theprogressnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprogressnews.com Daily Mail and Mail on Sunday newspapers.
Shell and Aker BP Cancel Maersk Drilling Contracts
In April, Maersk Drilling revealed that it had received notice of early termination of two drilling contracts, one with a Shell subsidiary and another with Aker BP. Shell’s subsidiary BG International Ltd terminated a contract for the semi-submersible Maersk Developer with immediate effect and Aker BP terminated a contract for the jack-up rig Maersk Reacher.
This article was originally posted on April 21. Read the full article
17/ Justin Bieber Highlights Oil Pain
Justin Bieber, one of the world’s best-selling music artists, highlighted the pain of oil industry layoffs in a music video released in September. Bieber’s