oil and gas news

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Shell to Downsize Drops 6,500 jobs due to slump in crude price

Energy major Royal Dutch Shell has decided to cut 6,500 jobs globally responding to the weakness in the crude oil prices, triggering concerns that it may downsize in India as well. But a spokesperson of its India arm dispelled such fears, clarifying that the company may not tinker with its India operations, and could even […]

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Corruption is impediment to Nigeria’s Industrialisation – Osinbajo

News By Igoniko Oduma of AllAfrica Yenagoa Bayelsa State — Nigeria’s Vice President Yemi Osinbajo said on Thursday that corruption remains a major impediment to the growth of Nigeria’s industrialization. Declaring open the second Bayelsa State Investment and Economic Forum in Government House, Yenagoa, Osinbajo said that the menace of corruption had remained a stumbling

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Global Lubricants market Will be Worth $68.54 Billion by 2022

SAN FRANCISCO, July 27, 2015 /PRNewswire/   The Global Lubricants Market size is expected to reach USD 68.54 billion by 2022, according to a new study by Grand View Research, Inc. Growth of automotive industry in emerging markets of Asia Pacific and Latin America is expected to drive automotive lubricants demand. The market is characterized

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