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80's & 90's Oil Boom Predicted with 35,000 Jobs in Alberta Anticipated by 2050

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Calgary, Alberta - The CEOs of some of the largest oilsands companies in Alberta have announced that their plans for transitioning to a net-zero emissions future are not about cutting jobs, but rather creating them. The companies, which are part of the Pathways Alliance, a consortium created to decarbonize their production entirely by 2050, estimate that reaching their goal will create 35,000 jobs. "We estimated that we will spend somewhere in the range of $70 billion over the next 30 years to...

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Skilled Labour Shortage in Alberta Plagues Province

  • 3 weeks ago
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The energy industry in Alberta has seen unexpected job growth in recent months due to a shortage of skilled labor in the province. According to Alicia Planincic, economist and manager of policy at the Business Council of Alberta, the increase was largely driven by the construction, transportation, and warehousing sectors and exceeded the expectations of many economists. The province's job vacancy rate was at 5% in the last quarter, with over 100,000 vacant jobs, while the unemployment rate in...

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$3.2 billion LG Chem plant coming to TN with 200 Jobs Paying $100k/yr

  • 1 month ago
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According to a story by Clarksville Now,  LG Chem recently announced a $3.2 billion cathode manufacturing plant in Clarksville, bringing in 860 new jobs. And, 200 of these jobs are reportedly paying more than $100,000 per year. LG Chem, a South Korea-based company, is building on the 420-acre Allensworth Farm property in Montgomery County, just east of Exit 4 of Interstate 24. The plant, which will create a key component for electric vehicle batteries, will be the largest of its kind in the U...

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4 Texas Clean Energy Megaprojects get Underway for 2023 & Beyond

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As reported by UtilityDive.com,  the state of Texas - traditionally known for its fossil fuel industry - is diversifying its energy production with green hydrogen, blue ammonia and solar builds for 2023. In fact, Texas led the country in renewable energy projects in 2021, according to a report from the American Clean Power Association trade group. Its 7,325 MW of new wind, solar and energy storage projects brought online last year far surpasses the 2,697 MW in the next most active state, Calif...

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US Oil and Gas Jobs Are Still in Short Supply

  • 1 month ago
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As reported by Bloomberg, a short supply of labor in the US oil oil fields has been creating issues for exploration and production companies all year. And, according to the story - these issues are expected to continue. By the numbers, the energy sector’s unemployment rate jumped to 3.1% in November from 0.8% in the prior month on an unadjusted basis. That said, it’s still well below the long-term average, according to a Labor Department report released Friday. Just a year-ago, the jobless r...

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