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Megaport on Mississippi River plans $25 million first phase

NEW ORLEANS — A long-proposed offshore megaport at the end of the Mississippi River could start to take shape next year. Supporters of the project are hailing it as the most significant economic development in Louisiana history. NOLA.com/The Times-Picayune reports (http://bit.ly/1JJPbp7) backers of the Louisiana International Deep Water Gulf Transportation Terminal announced Monday they have amassed enough private financing to ...

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28 Shreveport-area oil service employees losing jobs

SHREVEPORT, La. — A corporation that provides services for the oil and gas industry is laying off 28 employees at its Shreveport facility. Baker Hughes notified the state of the layoffs in a letter late last week. A copy was released Monday by Louisiana’s labor department. The company said the layoffs are the result of cutbacks in exploration, drilling and ...

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Halliburton to reduce its Artesia workforce

Layoffs have been announced at the Artesia location of Halliburton Co., due to current business conditions in the oil industry. William Fitzgerald, a Halliburton spokesman, said in an email that the company does not drill in Eddy County, but they do have two locations in Artesia. “Halliburton will continue to monitor the business environment and will adjust the size of ...

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Halliburton in Farmington lays off undisclosed number of employees

FARMINGTON — An undisclosed number of employees at the Farmington Halliburton Co. facility on East Main Avenue were laid off by the company this week. Company spokesman William Fitzgerald confirmed the terminations in an emailed statement on Thursday. “Halliburton has made adjustments to its workforce in Farmington based on current business conditions,” Fitzgerald said in the email. “Halliburton will continue ...

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Meet the money-saving mom

Working in the oil field often yields great benefits and a considerable income. Some Texas positions, according to Hill Country Staffing Co., such as a general rig laborer, have an annual salary of $54,000 while welders can take home up to $14,000 per month. The trade-off, though, can sometimes be harsh on the worker, with many consecutive days of grueling ...

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GE cutting 262 more Lufkin oil unit jobs in Texas

(Reuters) – General Electric Co <GE.N> said on Monday it was cutting 262 more jobs at its Lufkin oil unit in Texas and closing a foundry as it grapples with the plunge in global oil prices. GE earlier this year said it planned to eliminate some 575 jobs from Lufkin, bringing the total cuts to more than 800. “This was ...

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Nonunion Employees: Bye-bye pension program

According to a filing with the U.S. Securities and Exchange Commission (SEC) on August 21st, the United States Steel Corp. will be freezing employee pension benefits for all nonunion employees. By the end of this year, the U.S. Steel Corp. will move an estimated 1,300 employees to a 401K plan.  Sarah Cassella, the corporation’s spokesperson, explained that the decision was ...

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AP EXCLUSIVE: California measure fails to create green jobs

SACRAMENTO, Calif. (AP) — Three years after California voters passed a ballot measure to raise taxes on corporations and generate clean energy jobs by funding energy-efficiency projects in schools, barely one-tenth of the promised jobs have been created, and the state has no comprehensive list to show how much work has been done or how much energy has been saved. ...

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Jobs remain unfilled in Carlsbad

CARLSBAD — Finding a job should be easy in an area with booming private and commercial industries, but with one of the lowest unemployment rates in the state, Carlsbad’s businesses are hanging out hiring signs. Regional data from New Mexico Workforce Connections show that there are 1,728 open jobs in Eddy County currently, and Eddy County ranks fifth in the ...

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