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  • Shell profits plunge by 80 pc in 2015, plans 10,000 more job cuts

    Oil And Gas Industry News.Net

    LONDON - Oil giant Royal Dutch Shell Thursday announced plans to downsize manpower further by cutting 10,000 jobs amid steep drop in annual and fourth quarterly earnings. The Anglo-Dutch company ...

  • Iran Inks $40 Billion In Deals In Moscow Eyes Oil Sales To Rosneft

    Oil And Gas Industry News.Net

    Iran and Russia have initialed contracts worth around $40 billion for nuclear power construction, railways, and other projects, the top adviser to Iran's Supreme Leader Ayatollah Ali Khamenei said on ...

  • February Brings More Volatility to US Stock Markets

    Oil And Gas Industry News.Net

    NEW YORK - The first trading week of February 2016 saw more volatility on U.S. markets due to continued weakness in crude oil and massive moves in the U.S. dollar and global currencies. Just in the ...

  • Oil Prices This Could Send Oil Prices Surging 50

    Oil And Gas Industry News.Net

    Get Ready for $50 Oil Prices: Analyst Could the slump in oil prices finally be over? The answer is yes, if you ask analysts at major financial institutions. In fact, they are saying oil prices could ...

  • U.S. Stocks Swing Ahead of Fridays Jobs Report

    Oil And Gas Industry News.Net

    U.S. stocks swung between gains and losses in afternoon trading on Thursday, as investors tracked oil prices while weighing poor corporate earnings and weak economic data ahead of a key employment ...

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  • Stock Market Outlook Bear Market Could Begin in Next 90 Days Analyst

    Oil And Gas Industry News.Net

    Poor economic data, signs of a slowing global economy, and tumbling oil prices have sent U.S. stock markets off on one of its worst starts in years. But according to the latest stock market outlook ...

  • PSX Stock This Is Why Warren Buffett Bought $800 Million Phillips 66

    Oil And Gas Industry News.Net

    This Stock Has a Great Track Record Not surprisingly, Warren Buffett bought $800 million of PSX stock because Phillips 66 (NYSE:PSX) has solid potential in this market. Lower fuel prices mean ...

  • India Sri Lanka bat for strengthening energy ties

    Oil And Gas Industry News.Net

    Bhubaneswar, Feb 6 (IANS) India on Saturday held discussions with Sri Lanka to strengthen bilateral relations in the petroleum sector. Petroleum and Natural Gas Minister Dharmendra Pradhan held a ...

  • India to export diesel from Numaligarh refinery to Bangladesh

    Oil And Gas Industry News.Net

    Bhubaneswar, Feb 6 (IANS) India would export diesel from Assam-based Numaligarh refinery to Bangladesh, Petroleum and Natural Gas Minister Dharmendra Pradhan said on Saturday. "India will export ...

  • Iran prefers euro for oil exports

    Oil And Gas Industry News.Net

    Tehran, Feb 6 (IANS) Iran prefers to receive euro for its oil exports, an official in the National Iranian Oil Company (NIOC), said on Saturday. "Our priority is to receive cash for oil payments in ...

  • Unchanged lending rates pull down equity markets

    Oil And Gas Industry News.Net

    Mumbai, Feb 6 (IANS) Disappointment over the status-quoist stance of the Reserve Bank of India (RBI), coupled with a weak rupee and volatile crude oil prices, depressed the Indian equity markets ...

  • Budgetary hopes global macro-data to steer rupee

    Oil And Gas Industry News.Net

    Mumbai, Feb 6 (IANS) Expectations of cheering budgetary announcements, coupled with global macro-data and a rebound in commodity prices are expected to steer the Indian rupee's trajectory in the ...

  • Stage all set for PMs visit to Odisha

    Oil And Gas Industry News.Net

    Bhubaneswar, Feb 6 (IANS) The stage is set for Prime Minister Narendra Modi's visit to Odisha to inaugurate the 15 MMTPA Indian Oil Corporation Ltd (IOCL) oil refinery at the port town of Paradip on ...

  • Need over Rs.1 lakh crore next fiscal for 7th Pay Commission OROP Jaitley

    Oil And Gas Industry News.Net

    New Delhi, Feb 5 (IANS) The government has to provide Rs.1.10 lakh crore in the next fiscal's budget for implementing the One Rank One Pension (OROP) scheme and the 7th Pay Commission award, Finance ...

  • The Finest Hours Alls well that ends well

    Oil And Gas Industry News.Net

    Film: "The Finest Hours"; Director: Craig Gillespie; Cast: Chris Pine, Casey Affleck, Ben Foster, Holliday Grainger, John Ortiz and Eric Bana; Rating: With the tempest sea, howling winds and ...

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