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June employment shows stress of oil, gas slowdown

Colorado is gaining more jobs this year, but it’s still not reaching last year’s pace, and that’s likely due to the ongoing oil and gas slump. In numbers released Tuesday, Colorado’s Department of Labor and Employment reports that the state gained more than 11,300 jobs from May to June, more than double from the previous month. But the unemployment rate, ...

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UND to break ground on new engineering and mines building

GRAND FORKS, N.D. — The University of North Dakota is unveiling its new engineering and mines building. The Collaborative Energy Complex is a 37,000-square-foot facility that will be the headquarters for all engineering and mines programs, including the Institute for Energy Studies. UND officials say the building will provide state-of-the-art labs and multipurpose teaching centers, as well as a center ...

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Energy Industry: The Great Crew Change

Over the past several months the energy industry, specifically the oil and gas sector, has been through a severe downturn.  The slide in the industry crosses all platforms– from oil and gas prices to hitting all-time lows, companies cutting back or even closing down operations, to major slashes in budgets and thousands of people losing their jobs.  The most dramatic ...

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Noble acquisition slashes jobs in Houston

Noble Energy Inc.’s recent acquisition of Houston-based Rosetta Resources Inc. will cost at least 70 employees their jobs, the Houston Business Journal reports. The $2.1 billion acquisition and assumption to Rosetta’s $1.8 billion worth of debt is expected to close July 20. With the closure of the acquisition, however, will come the closure of Rosetta’s downtown Houston headquarters in late ...

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Low oil and gas prices show up in Wyoming economy

CHEYENNE, Wyo. — Wyoming’s economy is showing signs of the drop in oil and gas prices, according to a new report by the state’s Economic Analysis Division. But the same report notes that those counties that don’t rely as heavily on the energy industry remained fairly stable, seeing modest year-over-year growth for the quarter. The report written by state economist ...

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Now hiring: more good news for Houston

jobs or job concept with business folder in office showing earnings concept

Sempra Energy is engaged in what the Houston Business Journal called a “hiring spree” last week as the company moved its headquarters of its division Sempra U.S. Gas & Power from Greenville, South Carolina to Houston. “We believe the relocation of our Greenville employees to Houston will better position the company to capture new market opportunities,” Sempra spokesperson Paty Ortega ...

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