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Latest Oil & Gas News

Friday, November 17, 2017

Latest Oil & Gas News

Siemens to Cut Almost 7,000 Jobs Worldwide
Siemens AG will cut around 6,900 jobs worldwide in its Power and Gas Division (PG), Power Generation Services Division (PS) and Process Industries and Drives Division (PD).

'Strong Opportunities' Available for Innovative Engineering Firms
There are still 'strong opportunities' available for engineering firms in the offshore oil and gas sector with the capacity to deliver fast, innovative projects.



Thursday, November 16, 2017

Latest Oil & Gas News

Sources: China's Zhenhua Oil Wins First Diesel Tender With Iraq's SOMO
Zhenhua Oil will supply diesel to Iraqi state-oil marketer SOMO through a term contract for the first time.

Offshore Oil Service Firms Dominate North American Energy Bankruptcies
Offshore oil drilling and service companies are dominating the year's energy bankruptcies in North America, according to law firm Haynes and Boone.

Oil Extends Losing Streak On US Oversupply Worries
Oil prices ended lower again on increased concerns about growth in US production and inventories.






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