Trending News: Galactica project in Colorado produces first heliumIndia Locks In Major LNG Supply Deal With Abu DhabiCold Snap in China Pushes LNG Prices Higher After Months of DeclineChina Is Importing Its Last Ultra-Cheap Sanctioned Venezuelan OilSOL Group subsidiary buys VitalAire Schweiz from Air LiquideACEN Expands Northern Luzon Footprint With 60 MW San Manuel Solar ProjectCOMMENTARY: Trump’s Embrace of Oil Industry is Turning Into an Awkward GripOil Steadies as Investors Assess US Tariff Threats Over GreenlandIndia Is Now UAE’s Largest Customer of LNGTCL TZE Moves To Acquire DAS Solar, Strengthening Vertical Integration And Next-Gen Solar TechnologyConstant Energy And ERS Energy Join Hands For 52 MW Solar Project In Kampung Gajah, MalaysiaAI ‘is changing business processes’ but talent is neededStrike, Privatization Push Raise Fresh Risks for Peru’s Oil SectorBritish Business Bank Makes Its Biggest Direct Bet Yet on Energy TechRussia’s Oil and Gas Revenues Are Set to Plunge 46% in JanuaryEngie Accelerates Renewable Energy Push In The Middle East, Focusing On Solar, Wind, And Efficient DesalinationEurope eyes “mother of all trade deals” with IndiaUnited Solar Secures Over US$900 Million To Advance Oman’s First Large-Scale Polysilicon Manufacturing FacilityAfrica Adds 2.4 GW Of Solar Capacity In 2025, Total Crosses 20 GWUS hydrogen one year into Trump 2.0: progress, but on tighter termsGold, Silver Hit Record Highs as Trump Threats Over Greenland Rattle MarketsMol to Buy Gazprom Stake in Sanctioned Serbian RefineryKazakhstan’s Tengiz Oilfield Shuts After Power Facility FiresEquatorial Guinea seeks $300 million oil, LNG prepay deals to fund production revivalAmentum to be delivery partner for Rolls-Royce SMRGovernment funding for Saskatchewan SMR test facilityJoint study validates SMR use for chemical plantsDioxitek celebrates record UO2 productionTrump Is Pushing Gas to Power AI Boom, But Building Plants Takes YearsUS Natural Gas Jumps on Colder Outlook for Last Week of JanuaryGlobal Traders Launch Legal Venezuelan Oil Sales to ChinaHistoric Ceasefire Sees Kurdish Forces Exit Key Syrian OilfieldUK Urged to Ease 2030 Electric Vehicle Sales GoalIndian Refiner MRPL Shifts from Russian to Venezuelan Oil SupplyBolivia Assures Investors It Will Keep Existing Lithium and Energy ContractsCan e-fuels begin to scale?Nuada to install carbon capture tech at UK lime production siteNuada to install carbon capture tech at UK limestone production siteOil Down as Easing Iran Unrest Dampens Geopolitical Risk PremiumChina’s Coal Output Hits Record High Even as Coal-Fired Power DeclinesEuropean Crude Oil Imports Declined in 2025Major Chinese Shareholder Set to Back Rio Tinto-Glencore MergerWhy Is the USA Natural Gas Price Rising Today?AM Green breaks ground on huge Indian green hydrogen-based ammonia plantUAE Accelerates Energy Transition with 23 GW Renewable Capacity Target by 2031Oil Majors Tell Washington They Want PDVSA Out of the WayPhilippines Makes Its First Gas Discovery in Over a DecadeChina’s Coal and Gas Power Output Falls for the First Time in a DecadeGR Infraprojects Secures ₹488 Crore NTPC BESS Project at Mouda Thermal Power StationMajor Events of 2025! Mibet Aspires to be a Global Leader in Digital and Intelligent Solar Mounting SystemsENGIE And Masdar Secure Financial Close For 1.5 GW Khazna Solar Project In Abu DhabiSaudi Arabia Doubles Down On Solar Power As the Market Is Set To More Than Double By 2031DMEGC Solar Deploys 4.3 MW Lightweight Rooftop Solar System to Boost Industrial Clean Power in ChinaINOX Air Products to build ASU for Tata Steel in IndiaAuroraph Brings Solar Power And Internet To Remote Benguet SchoolsSineng Electric Highlights Full-Scenario PV, Energy Storage and Hydrogen Solutions at WFES 2026Indonesia’s Renewable Power Set To Surge To 38.1 GW By 2035US threatens Greenland-related tariffs on Europe as leaders meetLuminous Power Technologies Appoints Vivek Abrol as MD & CEOReservoir Link Secures First Carbon Capture and Storage Contract, Strengthening Malaysia’s Low-Carbon Energy TransitionEnviTec Biogas to enter LithuaniaIndia’s Power Sector Poised For $500 Billion Investment Over Seven YearsPunjab Invites Bids For 500 MW/1,000 MWh Battery Storage To Boost Grid ReliabilityAvanti Helium secures deal for helium processing plantJudge Says Dominion Energy Can Resume Wind Project U.S. HaltedOil Prices steady as Ebbing Iranian Protests Lower Chance of US AttackUS Moving Fast to Expand Chevron’s Venezuela License – Energy Secretary WrightChina Halts Electricity Imports from Russia Due to Price DisputeHow America Plans to Refill Its Emergency Oil Stockpile Using Venezuelan CrudeEnverus Warns of ‘Contrasting Market Dynamics’ in 2026NTPC Green Energy Floats Tender For 7,000 Panels Of 340 Wp To Power Multi-MW Solar Projects In UP And RajasthanBPSCL Issues Tender For Operation And Maintenance Of 2 MW Solar Plant In BokaroiSolarCloud at the Heart of Sungrow’s Service Ecosystem – Subham Hazra, Technical Service Lead (Rooftop & C&I), Sungrow IndiaNTPC Invites Bids For O&M Of 23.3 MW Solapur Solar Plant In MaharashtraEmmvee Photovoltaic Q3 FY26 Profit Surges 166% YoY as Revenue Doubles; Expands Solar Module Capacity to 10.3 GWJA Solar, Trina Solar, Adani Solar, And Others Lead Global Market with Efficiency and Bankability Amid Volatility—Wood Mackenzie ReportMinistry Of Power Revises Row Compensation Guidelines For Faster Land ValuationKalpataru Projects Divests Vindhyachal Expressway to Actis in ₹775-Crore Sustainable Infrastructure TransactionSECI Invites Developers For 5.6 MW Rooftop Solar Projects Across Government BuildingsCERC Recognizes GST Hike As “Change In Law,” Boosting Financial Security For Solar ProjectsSunPower Signs LOI to Acquire Cobalt Power Systems in All-Equity DealSwartland Municipality To Launch 10 MW Solar PV Project With 20-Year PPAIREDA Sanctions First International Loan For 100 MW Solar Project In ZambiaJupiter International Secures ₹64.95 Crore Deal with MSEDCL for Off-Grid Solar Pumps in MaharashtraOpinion – India’s 2026 Solar Surge: What It Means for Distributed Energy & Rooftop FinanceThailand Renewables BCPG and Ornsirin Explore Solar + Battery Storage Integration in Real EstateNTPC And Concord Control Systems Lead World’s First 3100 HP Green Hydrogen Locomotive ConversionEgypt Advances Green Hydrogen Production with Norway’s Scatec PartnershipANERT Invites Proposals For Biomass-Based Green Hydrogen Pilot Projects In KeralaUK maritime nuclear consortium launchedRosatom hopes for four foreign unit start-ups in 2026Tepco delays restart of Kashiwazaki-Kariwa reactorSlovakia and USA sign nuclear energy agreementOil Prices Settle Up as US Begins Holiday WeekendWhite House Seeks Emergency Power Auction for Largest US Electric GridSolplanet Expands into Southeast Asia, Strengthens Regional Leadership Through Vietnam PartnershipMolecular Press Annealing Breakthrough Pushes Perovskite Solar Cells Closer to Commercial RealityUS Drillers Cut Oil and Gas Rigs for Second Week in a Row, Baker Hughes SaysUS Not Currently Considering Using Venezuelan Oil in Exchange to Fill Strategic Reserve, Energy Department SaysNew Discoveries Fuel Egypt’s Push for Energy Independence

Oilfield Service Companies Add More Jobs in November, Trade Group Says

Business & Policy
December 10, 2024

WHY IT’S IMPORTANT

Oilfield service hiring can serve as an indicator of the health of the sector. Companies bringing on more employees could imply more drilling to come.

BY THE NUMBERS

Total jobs in the U.S. energy services sector rose to 655,630 in November, up from 654,062 in October, the data showed. In Texas, home of the prolific Permian basin which accounts for just under half of national oil production, 765 jobs were added, bringing the state’s total to 319,489.

CONTEXT

President-elect Donald Trump promised voters lower fuel prices, pledging to ramp up domestic production in his “dril, baby, drill” campaign. But in practical terms, Trump cannot fully control prices. And producers broadly remain focused on capital discipline over new drilling.

(Reporting by Georgina McCartney in Houston; Editing by Bill Berkrot)