A local oil-field service company that shed dozens of local jobs last year has announced additional layoffs amid what has become a historically tough time for one of Kern's most important industries.

Poor financial results and high debt spell trouble. The company acknowledges there is little reason to be optimistic. The stock could continue to decline through ongoing losses. Key Energy Services ...

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In the latest set of job losses to hit California's petroleum industry, an oil field services company based in Houston announced this week it plans to lay off 93 of its employees in the Golden State, ...

HOUSTON, May 8 /PRNewswire-FirstCall/ -- Key Energy Services, Inc. (Pink Sheets: KEGS) announced today that it will hold an investor conference call on May 23, 2006 ...