A record number of oil and gas companies went bust last year, according to a study by accountancy firm Moore Stephens which found 16 oil and gas companies became insolvent last year, compared to zero in 2012.
The Independent reports that environmentalists have warned of job losses in the sector, as the UK moves towards a low-carbon economy.
Writing in Energy Voice, Janette Marx, Global Chief Operating Officer at Airswift, says that the downturn in jobs in the sector has forced companies to think smarter about their recruitment and retention strategies. She says that it has influenced new trends in the sector, which are listed below:
Market rate alignment
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