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HEI- Energy headlines, a recap

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Schlumberger is laying off 9,000 employees

Houston-based Schlumberger (NYSE: SLB) announced today during its fourth quarter earnings call that it will cut 8 percent of its workforce which is about 9,000 employees.

Schlumberger cited lower commodity prices as the reason for the job cuts and anticipates lower exploration and production spending in 2015. Read more…

Halliburton has layoffs in Houston

Houston-based Halliburton (NYSE: HAL) announced Tuesday it had cut an undisclosed amount of jobs in Houston due to weakening market conditions. Read more…

Even with lower oil prices, Texas will add more jobs in 2015

Federal Reserve Bank of Dallas Senior Economist and Research Officer, Keith Phillips, projects Texas should add 235,000 to 295,000 new jobs in 2015.

The growth represents about a 2 to 2.5 percent increase in jobs, but lower than 2014 employment growth at about 3.6 percent. Read more…

House overwhelmingly approves Keystone XL Pipeline

The House overwhelmingly passed a bill Friday authorizing the Keystone XL oil pipeline, despite a renewed pledge by the White House to veto the legislation after a Nebraska court removed a major obstacle. Read more…

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