Calgary-based Chevron Canada cutting jobs

Chevron Canada confirmed Friday it is laying off more people, but the Calgary-based company did not say how many people are losing their jobs.

"In light of the current market environment, Chevron continues to take action to reduce internal costs across the enterprise," said company spokesman Leif Sollid in a release.

"No further information is being disclosed at this time."

• Enbridge posts $378M in 4th-quarter profit
• Devon Energy slashes 20% of staff, cuts dividend
• Husky layoffs confirmed as Calgary company continues cost-cutting

About 800 people work in the company's Calgary offices.

Chevron shelved plans in 2014 to drill a deepwater well in Canada'sBeaufort Sea because of lowoil prices.

Last fall Chevron Corp., the U.S.-based parent company, said its profits were down by 64 per cent in the third quarter of 2015 and that 6,000 to 7,000 jobs would be cut in the coming year.

Last June Chevron Canada, which has significant stakes in Newfoundland and Labrador's offshore oil industry, slashed its St. John's workforce by 60 per cent, or about 20 jobs.