Oil: Page 3

Technology

Is Data Really the New Oil?

"There is too much being read and made out of data and as usual it's going through the hype-curve right now."

Growth Strategies

This 37-year-old is at the Helm of World's Biggest Oil Giant's India Unit

"It's not only important to take the company forward, but equally important to shape the careers of employees working with the firm."

News and Trends

There is a Good and Bad Side to GST, Says Shell's India Chief

Seven months into the job, Nitin Prasad has new objectives around Goods Services Tax, an emerging technology around garbage conversion into fuel and expansion in India.

News and Trends

Everything You Need to Know about Shell's India Technology Centre

The Bangalore Shell Technology Centre is one of the three main technology hubs in Shell's global network of R&D centres, with the other two located in the Netherlands and the USA.

Growth Strategies

India's Richest Entrepreneur Has #7 Cents For Others To Succeed

Ambani believes India has the infrastructure to make India one of the biggest software markets in the world.

Business News

Oil Traders Prepare to Bid Fond Farewell to Yahoo Messenger

As commodity markets continued dealing on Friday, traders were lamenting the imminent demise of the version of Yahoo Messenger that has been their main communication tool since the late 1990s.

Business News

U.S. Jobless Claims Rise, and Planned Layoffs Surge

Most of the announced job cuts were concentrated in the energy sector, which is reeling from low oil prices that have hurt profits.

News and Trends

UAE's Non-Oil Sector Gained Ground In March As Per Emirates NBD's Economic Indicator

Emirates NBD's UAE Purchasing Managers' Index (PMI) data for March has shown encouraging growth signs for the UAE's non-oil private enterprises.

News and Trends

Saudi Arabia Reveals Strategies For A New Era Going Beyond Oil

In a step that has the potential to bring about a pivotal change in the region's economic prospects, Saudi Arabia is reportedly planning to establish "the largest fund on earth," of over US$2 trillion in value to help reduce its dependency on oil.

Business News

Co-founder of Chesapeake Energy Corp. Dies in Car Accident

Aubrey McClendon died one day after the U.S. Department of Justice indicted him for allegedly violating antitrust laws by colluding to rig bids for oil and gas acreage.

Business News

Houston Energy Company Gives $100,000 Bonuses to Each of Its 1,381 Employees

As the company aims to double in size every five years, it offers team members increasingly lofty incentives.

Business News

Oil Prices Drop, Chevron Slashes 2016 Budget in Response

Cutting the budget by 25 percent will mean laying off 7,000 employees.

Business News

The Other Products Falling Oil Prices Are Making Cheaper

Paying under $2 a gallon for gas? Ka-ching! But gasoline is not the only product that gets less expensive when the price of crude oil falls.

Business News

Despite Big Fuel Savings, Airlines Don't Expect Lower Fares

Carriers in the U.S. said they will save millions of dollars in fuel costs, but won't be passing that savings along to passengers.

News and Trends

Plunging Oil Prices Spark Global Response

With international oil prices plummeting to an all-time low since 2009, 2015 promises to be an interesting year for black gold.