Oil and Gas Landscape

Oil and Gas companies are part of a multi-faceted industry providing the global population of seven billion with 60 percent of their energy needs. Currently, Oil and Gas companies are facing consumer demands that will prove to have revolutionary effects, at the same time as general environmental regulations are becoming more stringent.

Not only are consumers and outside industries demanding an increased supply of product, but they are also looking to utilize alternative types of fuels and technology. New government policies towards these alternatives have created uncertainty surrounding the role of oil and gas producers.

Significant market growth in Asia also marks a shift from the industry's focus on the declining markets in the private sector in developed countries to the expanding markets in developing countries.

U.S. gas production is ramping up causing increased demands for skilled labor and creating a southern migration from Canadian employee pools. The potential here is significant for those companies that can remain competitive in pricing while quickly responding to both new demands and environmental effects.
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What we do

Increasing demand for technological advancements means that it is necessary for Oil and Gas companies to compete for talented engineers. PayScale has the world's largest database of salary information for mechanical engineers, petroleum engineers, and project engineers, as well as geologists. Additionally mining and exploration are key functions of Oil and Gas companies when it comes to keeping up with their increasing production needs. Employees working in gas extraction, coal mining, stone quarrying, oil drilling, silver ore mining and uranium mining are also experiencing market fluctuation and demand. We track salary trends in the mining, oil, and gas exploration industry so employers can compensate competitively.

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