ConocoPhillips Canada plans to cut upwards of 300 staff mostly in Calgary

CALGARY — ConocoPhillips Canada says it plans to lay off 250 to 300 employees this September, with the vast majority of cuts coming from its Calgary head office.Company spokesman Rob Evans said Friday the cuts are part of a global staff realignment to match future activity levels, with Canada looking less attractive than some of its other operations.“Low commodity prices, combined with our inability to get product to new markets, has resulted in lower prices in Canada relative to other parts of the world,” Evans said in an email.“Coupled with increased local cost pressures such as corporate taxes, regulatory compliance costs and property taxes, staying competitive in a global portfolio is a challenge for some parts of our Canadian business.”Optimism in oilpatch rebound still ‘fragile’ as Precision, Encana post resultsThe Great Crew Change: Lost generation of oil workers leaves few options for next boomHe said staff were told about the coming job cuts Thursday, but that details of how it will affect specific parts of the business are still being worked out.The cuts at ConocoPhillips’ Canadian operations form part of the roughly 1,000 job cuts the company plans across its North American operations.On Thursday, AltaGas confirmed it had laid off 70 staff after shelving or selling some natural gas projects.The Canadian Association of Petroleum Producers estimates at least 44,000 direct jobs have been lost in the oil and gas industry since the downturn started. read more

SG Flensburg Handewitt in TOP 16 direction – Last 15 minutes enough

SG Flensburg Handewitt celebrated third victory in VELUX EHF Champions League this season. Team of Maik Machulla beat RK Celje Pivovarna Lasko 31:28 (16:15) thanks to strong last 15 minutes of the match, when Slovenian team lost power…Flensburg-Handewitt: Andersson, Möller, Karlsson, Glandorf 2, Mogensen 2, Svan 7, Wanne 3, Jeppsson, Steinhauser, Heinl 3, Zachariassen 1, Toft Hansen 1, Lauge 5, Mahe 5, Röd 4.Celje Pivovarna Laško: Lesjak 1, Panjtar, Dobaj, Vujović 9, Jurečič, Malus 2, Razgor, Suholežnik, Marguč 8, Grošelj, Kodrin 3, Makuc, Anić 1, Dušebajev 2, Bečiri 2.STANDINGS: 5.Vive Kielce5122141:1374 2.Paris SG5401151:1368 3.Flensburg-H.6321168:1578 6.Kiel5113114:1293 8.Aalborg5104131:1432 4.Meshkov Brest5212138:1395 7.Celje6114180:1963 ← Previous Story Good news from PAUC: Djukanovic is better! Next Story → ADIOS VARDAR: Raul Gonzales to overtake PSG Handball! 1.Telekom Veszprem5410154:1409 read more