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Anadarko Cuts 1,000 Jobs as It Idles Drilling Rigs, Sells Assets

2016-03-11 13:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Anadarko Petroleum Corp. is shrinking its workforce in the latest step to cope with a collapse in oil and gas prices, following plans to park rigs, slash dividends and sell assets. The third-largest U.S. natural gas producer is laying off about 1,000 workers, roughly a 17 percent reduction, said company spokesman John Christiansen. The move will affect departments throughout the organization, he said. "Weve been very carefully evaluating what our staffing levels should be, given the current...

Tags: jobs assets cuts sells

 

Fall in number of oil rigs drilling in US speeds up

2016-02-06 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: The decline in the number of rigs drilling for oil in the US accelerated sharply this week, as companies adjusted to the latest slump in the price of crude. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/48d9ee2a-cc52-11e5-a8ef-ea66e967dd44.html#ixzz3zR2NnGQM Baker...

Tags: us up number fall

 
 

Comcast User Rigs Raspberry Pi to Tweet When Internet Speeds Slow

2016-02-02 03:04:26| PC Magazine Software Product Guide

A Reddit user pays Comcast for 150mbps down and 10mbps up, but often see his speeds dip below those speeds.

Tags: internet user slow speeds

 

Rise of the Tomb Raider looks and plays better on PC, but budget gaming rigs wont cut it

2016-01-28 17:30:08| Extremetech

Back in November, Rise of the Tomb Raider launched on the Xbox One and Xbox 360 to massive critical acclaim. As a sequel to 2013's Tomb Raider reboot, it was seen as an improvement in nearly every way possible. However, the limitations of Microsoft's consoles tripped up the game in the performance department. Thankfully, the PC port launches today, and it looks incredible.

Tags: it cut budget rise

 

Hyundai to halt operations at offshore oil rigs manufacturing facility in South Korea

2016-01-25 01:00:00| Offshore Technology

Hyundai Heavy Industries has announced plans to temporarily stop operations at its manufacturing facility for offshore oil rigs in Onsan, South Korea, due to a lack of orders.

Tags: south operations korea oil

 

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