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Schlumberger announces 9,000 job cuts due to lower commodity pricing

2015-01-19 01:00:00| Offshore Technology

Oilfield services firm Schlumberger has announced it will cut 9,000 jobs in response to lower commodity pricing and expects lower exploration and production spending this year.

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How lower oil prices could fuel more hiring in U.S.

2015-01-18 18:16:35| Auto Dealers - Topix.net

Oil rig worker Travis Custer maneuvers a "main head" toward the Nabors No. 140 oil rig near Persham, N.D. The main head helps control the oil once it starts flowing.

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Saudi giant SABIC Q4 profit down 29% on lower oil price

2015-01-18 12:36:28| Chemicals - Topix.net

Falling global oil prices dragged down the net income of Saudi petrochemical giant SABIC by 29 percent in the fourth quarter, the company said on Sunday. SABIC, the largest publicly traded firm in the Gulf, reported net profit of 4.36 billion riyals for the three months to December.

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Celadon Group Will Benefit From Lower Oil Prices

2015-01-16 15:35:18| Trucking - Topix.net

Celadon Group is a leading trucking and transportation company serving North America. This Indianapolis based company, which was founded in 1985, has numerous positive metrics in place to make this stock a solid long-term investment.

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Indian regulator calls for lower 3G spectrum prices

2015-01-16 01:00:00| Total Telecom industry news

TRAI sticks to 2.1-GHz price proposals to ensure competitive bidding; reiterates call for all available spectrum to be sold at once.

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