November 6, 2015

A move to the Tees Valley’s newest business and innovation centre is helping an software engineering company tap into fresh business opportunities.

 

Stockton North MP Alex Cunningham officially opened Industrial Asset Management Technology Ltd’s (IAMTech) new base at Fu...

October 29, 2015

Oil giant Royal Dutch Shell has slumped to a loss of $6.1bn (£4bn) for the third quarter after taking a $8.2bn (£5.4bn) hit from ditching long term projects and the impact of lower oil and gas prices.

 

Shell said it had taken a $2.6bn (£1.7bn) hit on the recent decision...

October 27, 2015

 

BP has taken a fresh hit from the slump in oil and gas prices as third-quarter profits fell by half and it set out plans for a further $1bn cut to 2015 spending.

 

The company, a staple of many UK pension funds, said replacement cost profits dipped to $1.23bn (£804m) fr...

October 14, 2015

 

With prices at $50, the same 5% cut in production costs can make a huge difference to your assets profit margins.

This is why we are seeing a dramatic series of lay-offs in the industry.

 

This is why there has been a year-on-year >50% reduction in the North American act...

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