Energy Update
LONDON, Nov 26 (Reuters) - The number of contractors employed in Britain's oil and gas sector has fallen over the past year at the steepest rate since at least 2004, an annual industry survey carried out by a Scottish business association showed on Thursday.
Oman Oil Refineries and Petroleum Industries Company (Orpic) has finalized deal and selected preferred bidders for four engineering, procurement and contracting (EPC) packages of the Liwa Plastics project to be built in Sohar.
Wood Group has won a new contract worth approximately $90 to deliver services to one of the world’s leading blue-chip international oil companies (IOC) in Iraq.
TORONTO, Nov 25 (Reuters) - Canadian Oil Sands, which is trying to attract a white knight following a hostile bid from Suncor Energy, needs more time to review options as more than two dozen parties have expressed an interest, according to a regulatory filing.
SAO PAULO, Nov 25 (Reuters) - Brazil's Grupo BTG Pactual SA scrambled to contain the fallout from the arrest of its billionaire boss on Wednesday, tapping cash reserves to cover client redemptions and announcing a stock buyback to prop up its plunging share price.
MEXICO CITY, Nov 25 (Reuters) - Hurricane Sandra on Wednesday strengthened to a Category 3 storm, becoming the strongest ever recorded in the eastern Pacific for this late in the year, as it heads toward the Mexican coast, the U.S.
BUENOS AIRES, Nov 25 (Reuters) - Argentina's president-elect, Mauricio Macri, has named former Shell Argentina executive Juan Jose Aranguren to be the country's energy minister, a spokesman for the incoming government said at a news conference on Wednesday.
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