EPC Companies to Layoff Workers
The slump of commodity prices are forcing EPC companies to cut cost by laying off workers. WorleyParsons to shed 2000 jobs Amec cuts 2500 jobs to boost margins Petrofac, Amec …
Non-stop Sacking of Workers – Job Security is History
The sacking of workers from Oil & Gas and Mining sector never stop. It has been happening since a few years back. When will it ever stop? The slump of …
Marshall Islands Registered Vessel Seized
A US government official told Reuters the Marshall Islands-flagged vessel was intercepted by Iran’s Islamic Revolutionary Guard Corps’ (IRGC) Naval force at 0905 GMT (0405 ET). Earlier Tuesday, Saudi Arabia-owned …
Huge LNG Facilities Going Online Will Drop Oil Prices Further
In the next few years, huge LNG facilities will force the already bottom line oil prices to further down. 2015 PFLNG 1 – 1.2 million tonnes per annum (mtpa) of …
Be Positive – Job loss may be the start to a better endeavor
Plunging oil prices and other commodities is causing job cuts everywhere. Lots of families are experiencing the pain of having nobody in the family earning a living. People who just …
Energy and Inefficiency
It has been predicted that oil reserves will only last for 40-50 years. It is now more than 50 years since the first oil was discovered and oil & gas …