January 2016, Vol. 243, No. 1

In The News

In the News: Enbridge Cutting 500 Jobs, Leaving 100 Unfilled

Enbridge is reducing its workforce by 5% as low oil prices continue to reverberate through the energy sector. The move affects 500 people at all levels of the company in the U.S. and Canada. The company also is leaving 100 positions unfilled. TransCanada has also been cutting staff, starting with its higher leadership ranks. “While Enbridge is more resilient to commodity price downturns than others, we’re not immune,” spokesman Graham White said. “We’re taking these actions to remain competitive, ensure we can continue to serve our stakeholders well and to further strengthen our foundation for the future.” Phillips 66 has overhauled how it plans for earthquakes, a sign U.S. energy co

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