Siemens has announced a cut about 6,900 jobs, or close to 2% of its global workforce, mainly at its power and gas division, which has been hit by the rapid growth of renewables. Most of the cuts, about 6,100, will be made before 2020 at Siemens’s Power and Gas division, which once thrived on supplying…
Halliburton has announced that it is working with the Akwa Ibom State government to inaugurate and open Nigeria’s first oil and gas training center fully-equipped with oilfield operations tools. The Akwa Ibom Oil and Gas Training and Research Center will provide courses in field development, drilling and completions engineering, well intervention solutions and digital technologies…
A relentless flow of natural gas from America’s shale basins is drawing bears to the market—and that’s music to the ears of at least one Asia-backed investor. Kalnin Ventures LLC—an investment company with funding from Thailand’s largest coal miner, Banpu Public Company Ltd.—has spent about $417 million over the past two years snapping up 55,000…
Over 40 illegal refineries were uncovered by men of the Edo State Police Command at a forest in Egono village, near Auchi, headquarters of Estako West local government area of the state. The policemen, who were combing the forest in search of criminals and kidnappers hideout in the forest, stumbled upon the illegal refineries. The…
