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US motorists dump fuel efficiency.



US motorists dump fuel efficiency.
Dec 14th 2015, 00:00

The average fuel economy of new cars sold in the US in November dropped by 0.1 mile per gallon, continuing a trend that began in August of last year when pump prices began to fall, according to new data by the University of Michigan Transportation Research Institute.

BREAKING NEWS, 32 Dead During Exploded and Fire on Azeri Oil Rig in Caspian Sea

BREAKING NEWS, 32 Dead During Exploded and Fire on Azeri Oil Rig in Caspian Sea
BREAKING NEWS, 32 Dead During Exploded and Fire on Azeri Oil Rig in Caspian Sea

Schlumberger to slash jobs.



Schlumberger to slash jobs.
Oct 26th 2015, 00:00

Schlumberger, the world's No1 oilfield services provider, said it would cut more jobs and consolidate its manufacturing and distribution network as it did not expect a recovery in demand before 2017.
The company's shares fell as much as 4.6 per cent to $72.63 in late-morning trading. Rivals Halliburton and Baker Hughes were also down about 4 per cent.

US motorists dump fuel efficiency.



US motorists dump fuel efficiency.
Dec 14th 2015, 00:00

The average fuel economy of new cars sold in the US in November dropped by 0.1 mile per gallon, continuing a trend that began in August of last year when pump prices began to fall, according to new data by the University of Michigan Transportation Research Institute.

BREAKING NEWS, 32 Dead During Exploded and Fire on Azeri Oil Rig in Caspian Sea

BREAKING NEWS, 32 Dead During Exploded and Fire on Azeri Oil Rig in Caspian Sea
BREAKING NEWS, 32 Dead During Exploded and Fire on Azeri Oil Rig in Caspian Sea

Schlumberger to slash jobs.



Schlumberger to slash jobs.
Oct 26th 2015, 00:00

Schlumberger, the world's No1 oilfield services provider, said it would cut more jobs and consolidate its manufacturing and distribution network as it did not expect a recovery in demand before 2017.
The company's shares fell as much as 4.6 per cent to $72.63 in late-morning trading. Rivals Halliburton and Baker Hughes were also down about 4 per cent.