Oil Boom
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This Decade's Oil Boom Is Moving Offshore - Way Offshore
Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.
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Saudi Encouraged "Oil Boom" Foreign Workers To Leave. Now It's Struggling
Mohammed Iqbal joined the throng of foreign workers bound for Saudi Arabia during the oil boom of the 1970s, after recruiters from Pepsi visited his native India and dangled an opportunity in the kingdom driving a delivery truck.
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A Saudi Billionaire Vanished For 400 Days And His Global Empire Boomed
Some 400 days after Mohammed Al Amoudi went missing, word came Thursday of his whereabouts: In custody in Saudi Arabia and awaiting trial on corruption and bribery charges. The good news for Al Amoudi, one of the world's richest men, is that during his prolonged absence, much of his global business empire has thrived. Sales at his Sweden-based oil ...
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Here's Why Sesame, Coconut And Mustard Oils Are Your Go-To Elixirs!
The 3 basic traditional Indian oils that have been used over so many years and that too very effectively are sesame, coconut and mustard oil.
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Oil Extends Gains As Saudi Pledges Export Curbs
Gains were also supported by a warning from Halliburton's executive chairman that the growth in North American rig count was "showing signs of plateauing," clouding a boom in U.S. shale oil production.
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PM Modi's Oil Champions Aim To Match One Trillion Spending
India's state-owned oil companies aim to sustain spending near a three-year high, encouraged by falling oil-services costs and expanding demand.
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Saudi May Axe Billions-Worth Constructions As The Money Dries Up: Report
Many of these massive construction projects are relics of a decade-long boom of high oil prices and lavish state spending.
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China's Techies Sleep On The Job, With The Boss's Blessing
Business is booming faster than many start-up firms can hire new staff, forcing workers to burn the midnight oil to meet deadlines.
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Indian Oil Ties Up With Start-Up Firm Fortigo
Indian Oil Corporation, the country's largest oil marketing company, on Monday announced its partnership with logistics start-up Fortigo, aimed at providing technology-based solutions to small truck owners.
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As Oil Industry Bleeds Jobs, Asia's Green Energy Drive Offers Bright Spot
The boom in new green jobs is being led by Asia where governments in countries such as China and India are embarking on massive programmes to use more renewable energy.
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China and Buffett Fuel Wall Street Rally, Oil Rebounds
All three major U.S. stock indices finished more than 1 per cent higher after Berkshire Hathaway agreed to buy Precision Castparts, showing investors the M&A boom was alive and well.
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OPEC Sees Rivals Boosting Oil Output Despite Weak Prices
The long-term report is prepared by OPEC's research team in Vienna and traditionally cautions that it does not articulate the final position of OPEC or any member country on any proposed conclusions it contains.
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Billions up for Grabs if Nuclear Deal Opens Iran Economy
The resulting boom could create tens of billions of dollars worth of business for both local and foreign companies.
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Low Oil Prices May Hit US Output by Late 2015: OPEC
US oil output could start to take a hit by late 2015 due to low prices, the Organization of the Petroleum Exporting Countries (OPEC) said on Monday, suggesting the exporter group will have to wait beyond its next meeting in June to see if its strategy to defend market share will dent the shale oil boom.
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Oil Prices Explained by Economics
The oil industry, with its history of booms and busts, appears to be in the early stages of its latest downturn. The price of oil has plunged in recent months, reaching its lowest point in more than five years.
-
This Decade's Oil Boom Is Moving Offshore - Way Offshore
Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Canada's Atlantic coast.
-
Saudi Encouraged "Oil Boom" Foreign Workers To Leave. Now It's Struggling
Mohammed Iqbal joined the throng of foreign workers bound for Saudi Arabia during the oil boom of the 1970s, after recruiters from Pepsi visited his native India and dangled an opportunity in the kingdom driving a delivery truck.
-
A Saudi Billionaire Vanished For 400 Days And His Global Empire Boomed
Some 400 days after Mohammed Al Amoudi went missing, word came Thursday of his whereabouts: In custody in Saudi Arabia and awaiting trial on corruption and bribery charges. The good news for Al Amoudi, one of the world's richest men, is that during his prolonged absence, much of his global business empire has thrived. Sales at his Sweden-based oil ...
-
Here's Why Sesame, Coconut And Mustard Oils Are Your Go-To Elixirs!
The 3 basic traditional Indian oils that have been used over so many years and that too very effectively are sesame, coconut and mustard oil.
-
Oil Extends Gains As Saudi Pledges Export Curbs
Gains were also supported by a warning from Halliburton's executive chairman that the growth in North American rig count was "showing signs of plateauing," clouding a boom in U.S. shale oil production.
-
PM Modi's Oil Champions Aim To Match One Trillion Spending
India's state-owned oil companies aim to sustain spending near a three-year high, encouraged by falling oil-services costs and expanding demand.
-
Saudi May Axe Billions-Worth Constructions As The Money Dries Up: Report
Many of these massive construction projects are relics of a decade-long boom of high oil prices and lavish state spending.
-
China's Techies Sleep On The Job, With The Boss's Blessing
Business is booming faster than many start-up firms can hire new staff, forcing workers to burn the midnight oil to meet deadlines.
-
Indian Oil Ties Up With Start-Up Firm Fortigo
Indian Oil Corporation, the country's largest oil marketing company, on Monday announced its partnership with logistics start-up Fortigo, aimed at providing technology-based solutions to small truck owners.
-
As Oil Industry Bleeds Jobs, Asia's Green Energy Drive Offers Bright Spot
The boom in new green jobs is being led by Asia where governments in countries such as China and India are embarking on massive programmes to use more renewable energy.
-
China and Buffett Fuel Wall Street Rally, Oil Rebounds
All three major U.S. stock indices finished more than 1 per cent higher after Berkshire Hathaway agreed to buy Precision Castparts, showing investors the M&A boom was alive and well.
-
OPEC Sees Rivals Boosting Oil Output Despite Weak Prices
The long-term report is prepared by OPEC's research team in Vienna and traditionally cautions that it does not articulate the final position of OPEC or any member country on any proposed conclusions it contains.
-
Billions up for Grabs if Nuclear Deal Opens Iran Economy
The resulting boom could create tens of billions of dollars worth of business for both local and foreign companies.
-
Low Oil Prices May Hit US Output by Late 2015: OPEC
US oil output could start to take a hit by late 2015 due to low prices, the Organization of the Petroleum Exporting Countries (OPEC) said on Monday, suggesting the exporter group will have to wait beyond its next meeting in June to see if its strategy to defend market share will dent the shale oil boom.
-
Oil Prices Explained by Economics
The oil industry, with its history of booms and busts, appears to be in the early stages of its latest downturn. The price of oil has plunged in recent months, reaching its lowest point in more than five years.
