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Exxon Mobil plans to cut 300 jobs in Canada

U.S. oil major Exxon Mobil said on Wednesday it plans to reduce up to 300 positions in Canada as part of an ongoing cost-cut...

Siemens, Deutsche Bahn launch hydrogen trains trial in Germany

Siemens Mobility and Deutsche Bahn have started developing hydrogen-powered fuel cell trains and a filling station which will be trialled in 2024 with view...

BP, Saudi Aramco, Total, Rosneft not to bid for BPCL

India government may not receive bids for its 52.98 percent stake in Bharat Petroleum Corporation (BPCL) from BP, Saudi Aramco, Total, Rosneft, among others,...

IOC to raise Rs 20,000 crore via private placement of bonds

Indian Oil Corporation (IOC) has approved a plan to raise Rs 20,000 crore during fiscal 2021 via private placement of bonds and debentures in...

Exxon Mobil to cut 14,000 jobs

Exxon Mobil said it could cut its workforce by about 15 percent, including deep white-collar staff reductions in the United States, as the COVID-19...

Sterling and Wilson signs EPC contract in Niger

Sterling and Wilson announced its Hybrid & Energy Storage division (HES), in consortium partnership with French EPC company Vergnet and SNS Niger, has signed...

GECF secretary general on the natural power of cooperation

Demographics today are evolving fast. The global population is getting larger and more urban. Mega sprawls are turning into super cities. Today, Cairo, Mumbai,...

LNG demand to grow by 4 billion cubic metres this winter: Refinitiv

Global LNG demand is expected to increase by 4 billion cubic metres (bcm) this winter -- led by growth in China, Japan, and South...