VTU to reward best engineering projectsThe New Indian ExpressBENGALURU: Visvesvaraya Technological University (VTU), Belagavi, will soon reward its students with cash prize judging them on the project they submit as a part of their final year under graduat …

The EconomistWhy too much oil in storage is weighing on pricesThe EconomistIT SOUNDS like a scene from “The Big Short”, a film about financial speculation. Light aircraft fly photographers close to America's oil-storage facilities, using infra-red imag …

Channel NewsAsiaUnpaid wages, sackings stir new tension in Nigeria's oil hubChannel NewsAsiaPORT HARCOURT, Nigeria/LONDON: The moment a group of Nigerian contractors met executives from Italian oil major ENI to discuss unpaid wages they started shoutin …

Daily MailSaudi Arabia considers paying contractors with 'IOUs' amid oil price fallDaily MailSaudi Arabia is so short of cash because of plunging oil prices that it is considering resorting to handing contractors IOUs. Bloomberg reports that contra …

Financial TimesDemand for oil storage soars amid supply glutFinancial TimesWith crude oil piled up around the world the space inside terminals is now a hot commodity. The market for crude oil storage futures has been expanding since last year's launch. …

Economic TimesIndia's Palm oil profit slipped 25% last yearEconomic Times"Area expansion under palm oil fell by over 50 percent over the last couple of years due to low prices of crude palm oil and poor rainfall," said Sanjay Goenka, chief ex …

Business StandardLower domestic prices push castor oil exports up by 9%Business StandardCastor oil exports climbed by almost 9% during April and February 2015-16 on the back of lower domestic prices. According to industry sources, lower prices of seed in t …

Belleville engineering and contracting firm expands againBelleville News-DemocratGeri Boyer only planned to live and work in Belleville for a few years, but the owner of Kaskaskia Engineering Group now says you couldn't blast her out of town. The trans …

ReutersBAE Systems Picks Oil Executive as New Operating ChiefWall Street JournalLONDON—BAE Systems PLC on Monday confirmed the appointment of oil-industry executive Charles Woodburn as chief operating officer, making him heir apparent to the company's …

USA TODAYLiquefied natural gas to take place of oil, coal?USA TODAYNow may not be the best time to unveil plans to export liquefied natural gas from the U.S. But don't tell Charles "Buddy" Roemer. The former governor of Louisiana will formall …