BloombergVenezuela's State Oil Producer Tells Staff to Cut Costs by 50 ...BloombergAlready in default and struggling with sinking oil production, Venezuela's state-run energy firm told its employees to cut costs and expenses by 50 percent in an&nbs …

BloombergKey Risk to Saudi Post-Oil Plan? Higher Crude Prices, Fitch SaysBloombergThe world's biggest oil exporter is trying to reduce its dependence on oil revenue by implementing an economic and social reform plan called Vision 2030. Yet a surge in o …

Hoeven, industry want study of North Dakota oil potentialSeattle TimesBISMARCK, N.D. (AP) — North Dakota oil drillers and U.S. Sen. John Hoeven want federal geologists to reevaluate the amount of recoverable crude oil in the state, saying a new assessment …

CNBCVenezuela state oil firm's credit woes spread to US unit CitgoCNBCWashington's recent sanctions against Venezuelan state-run oil company PDVSA have started to ensnare its U.S. unit, Citgo Petroleum, making it harder for the refiner to obtain th …

ReutersOil majors face downgrades if crude prices don't pick up: S&PReutersLONDON (Reuters) - Big oil firms would face increased credit rating downgrade pressures if crude prices stayed below $50 a barrel on average until the end of 2018 and they d …

Apple Now Has the World's Largest Augmented Reality PlatformENGINEERING.comBecause there is no content right now, the absence of content will be a big bottleneck for Apple—there certainly will be entertainment—but, as for engineering apps, it doesn&#39 …

CitizenNumsa 'dismayed' with employers' proposals in metal and engineering sector talksCitizenThe metal and engineering sector talks come as the current wage agreement lapses at the end of June. In 2014, Numsa went on strike after a talks for a …

Business Day (registration)Why SA's civil engineering body fears a double blowBusiness Day (registration)A civil engineering body has raised concern that the country's junk credit status recession will slow the roll-out of infrastructural projects. …

Nigeria GDP could expand 2.5 pct next year if oil output rises - Moody'sReutersLAGOS Nov 21 Nigeria's economy can expand by 2.5 percent next year, rebounding from a recession entered in the second quarter, as long it can keep oil output at 2.2 mill …

Financial PostDividend cuts 'a last resort' for banks under severe oil and gas stress: Moody'sFinancial PostTORONTO — Severe stress in the oil and gas sector could prompt some Canadian banks to reduce their dividends, but that would be a last r …