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Tag: FuelFix

Oil Bust Tanks More Texas Jobs

The continuing weakness in the oil and gas sector has caused the ax to fall on another energy giant. Chevron announced they will lay off 1,500 employees worldwide. Nearly one thousand of those oil bust job losses will come directly from Houston.

deep water drilling platform

Historic Mexican Offshore Oil Block Auction Falls Flat

The historic offshore oil block auction being conducted by Mexico fell flat as only two of the fourteen offshore oil fields were awarded. Some of the largest oil companies in the world stayed completely away from the auction.

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