Oil producer Hess Corp is following the same manufacturing process as of automaker Toyota Motor Corp to cut costs and boost production as crude oil prices lag. This lean manufacturing process is very rare in Oil Production companies. View the full release here.
Hess cut Costs Like Toyota $HES $XLE Read More »
Baker Hughes is a rotary rig counts service provider to the petroleum industry since 1944. In the Weekly North American rig count released on every 5th working day of each month. In this count the company says just 11 U.S. oil rigs were idled this week, signaling that the sharp decline in active drilling, due to fall
Baker Crash in US Oil Rig $BHI $USO Read More »
Quantum Fuel Systems Technologies Worldwide, Inc, has won an order From UPS to provide 319 heavy duty Vehicle fuel systems. The delivery dates would be in Mid-2015. View the full release here.
Quantum Won CNG Order $QTWW $USG Read More »
Royal Dutch Shell PLC, has raised its production capacity in Singapore Plant. This 20% upgrade on Ethylene cracker project in Bukom, Singapore will boost the daily production. view the full earnings release here.
Shell Capacity Rise Singapore $RDS.A $XLE Read More »
Suncor Energy today update on its cost management program due to falling crude prices. This will result $600 Million to $800 Million cut in operating budget. View the full release here.
Suncor update on Cost Management $SU $XLE Read More »
