Schlumberger to cut another 11, 000 workers April 17, 2015 // 4 Comments HOUSTON – 11, 000 more workers of oil field services firm Schlumberger will be chopped as the company deals with low oil [...]
India waits for Malaysia and Thailand to scrap its export tax before importing palm oil April 17, 2015 // 4 Comments KUALA LUMPUR – Malaysia’s move to scrap its crude palm oil export tax in May will likely prompt India and China, the [...]
OPEC production rises; oil prices fall April 17, 2015 // 0 Comments SINGAPORE – Oil prices fell following OPEC’s announcement that its output surged in March. The Organization of the [...]
Carso Oil & Gas, merging two energy units, to be created April 16, 2015 // 3 Comments Two energy units owned by billionaire Carlos Sim will be merged, Shareholders of the subsidiaries voted in February to merge [...]
Oil surge causes energy to jump 2% April 16, 2015 // 1 Comment U.S. stocks closed higher on Wednesday as oil hit highs for the year and investors continued to digest financial earnings [...]
India and Mozambique deepen oil and gas ties April 16, 2015 // 0 Comments NEW DELHI – India and Mozambique are set to deepen ties in oil and gas. This comes after the visit by Petroleum and [...]
SapuraKencana leading in oil and gas stocks April 16, 2015 // 1 Comment KUALA LUMPUR – SapuraKencana is leading in oil and gas stocks following the surge in the price of crude oil. At [...]
Pennsylvania remains strong despite job losses in other states April 15, 2015 // 2 Comments Despite countless jobs being cut in other states, Pennsylvania is seeing a boom in jobs. Randy Stroup sees evidence of that [...]
GE Oil & Gas slashes more jobs April 15, 2015 // 6 Comments More jobs in GE Oil & Gas will be slashed as the company faces tough times. Florence, Italy-based GE Oil & Gas, [...]
Syncrude Canada good for take-over April 15, 2015 // 1 Comment The company with the largest stake in oils ands miner Syncrude Canada is a prime takeover target and its most likely suitor [...]