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Oil layoffs slowed in March, but firms still say 12,800 jobs will get axed

So far, Texas is outpacing every other state in planned layoffs, with 47,000 job cuts this year.

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U.S. oil job cuts slow to a crawl in May

U.S. employers blamed cheap oil for just 1,000 planned job cuts in May, a sharp monthly drop that suggests the oil industry may have already seen the worst of the bust.

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No “showstoppers” yet for Shell’s Arctic drilling plans

An emergency containment system was being tested in waters near Washington state on Tuesday, while those drilling permit reviews are under way.

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Oil job cuts subside as crude prices stabilize, report says

Stable $60 oil gave the U.S. energy sector a break from mass layoff announcements in May and June.

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