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oil exploration spendingHome
•83% Informative
Shell plans to cut 20% of its global oil and gas development and exploration division.
Experts say the proposed cuts point to a larger trend: energy giants spending less and less on the geoscience and exploratory drilling needed to find and develop new oil reserves.
The industry's share of the city’s overall workforce is falling as the companies consolidate, produce more oil with fewer employees.
The Greater Houston Partnership believes oil will remain an important part of Houston ’s economy even as its dominance fades.
Health care has already overtaken the oil and gas industry in terms of its share of the city's workforce.
Non-energy jobs in Houston jumped by about 481,000 over the last decade .
VR Score
87
Informative language
86
Neutral language
57
Article tone
semi-formal
Language
English
Language complexity
50
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Hate speech
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Attention-grabbing headline
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Known propaganda techniques
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Time-value
short-lived
External references
8
Source diversity
3
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