Coronavirus, Consolidation Taking Toll On Energy Jobs
.Consolidation is helping drive job cuts. Chevron plans to eliminate roughly 25% of the staff acquired with Noble Energy, which it acquired this month. Shell said its oil output likely peaked last year, and it plans to cut roughly 10% of its workforce. Cenovus said it will cut 25% after it buys rival Husky Energy Inc.In Australia, more than 2,000 oil industry jobs have been cut since March, including at Exxon and Chevron. Top independent gas producer Woodside said earlier this month that it would cut around 8% of its workforce.Mohammad Barkindo, secretary general of the Organization of the Petroleum Exporting
Suncor Appoints Husky Energy's Cowan as CFO
Suncor Energy Inc , Canada's largest integrated oil and gas producer, said on Monday it has appointed Alister Cowan as its chief financial officer, ending a seven-month search. Cowan has had the same role at Husky Energy Inc, the country's No. 3 integrated oil producer, since 2008. He takes over as CFO at Suncor on July 21. "With almost 30 years' experience leading the finance function for a number of companies in the energy and utilities sectors, Alister has the breadth and depth of experience required to build on Suncor's strong financial position," Suncor Chief Executive Officer
