CNOOC Ltd. Layoffs

Topics regarding layoffs at CNOOC Ltd.

Weekly layoffs the new normal at CNOOC (Nexen)

Weekly layoffs have become the norm at CNOOC's Calgary, Alberta office. Rumour is that these will occur well in to December. A&D departments from various E&P's in Calgary have confirmed that a data room containing what is clearly Nexen's Canadian... —  read more 

More layoffs coming at Nexen

Ron Bailey was laid off from CNOOC Nexen this week. Big changes are on the way, including the sale of Long Lake. Nexen's plans for LNG have also failed to materialize meanings the billions spent in the Horn River, Liard and Cordova basins have... —  read more 

Back to the Gulf

Given that Chevron has yet to make any money playing shale, why does management think the same behavior will give different results in future? —  read more 

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