Industry

ConocoPhillips announced that Q1 earnings rose 43 per cent to hit US$3 billion as higher oil and gas prices made up for a sharp decline in production.

Schlumberger Limited announced Q1 2011 revenue of US$8.72 billion versus US$9.07 billion in the fourth quarter of 2010 and US$5.60 billion in the first quarter of 2010.

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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