Industry

Global economy threatened by high oil prices

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The latest monthly report from the International Energy Agency (IEA) warned that the global economy could suffer a slowdown unless oil prices fall from their current high levels.

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Industry seeks common global HSE standards

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A major piece of research, commissioned by international skills body - OPITO, has revealed that the industry overwhelmingly supports common global standards for health and safety training.

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Kingdom eyes rig count boost

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Saudi Arabia's plan to boost the number of oil rigs at its disposal by 28 per cent suggests the kingdom may be struggling to maintain the 12.5mn barrels a day of output capacity it has long said is in place.

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Emerson Process Management strengthens its presence in India

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Emerson announced it has acquired full ownership of its Fisher Sanmar Limited joint venture from Sanmar Engineering Corporation, expanding the capabilities of Emerson Process Management in India. 

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ExxonMobil Lubricants face a bright future in the region

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ExxonMobil Industrial Lubricants have a bright future in the Middle East region with the Saudi Arabian market seen as the biggest market for Mobil Lubricants products and Iraq as a vital upcoming sector according to key members of Lubricants & Specialties (L&S) division.

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