An $872,000 credit was approved Monday for a manufacturing company to create a new site in Brookfield, Ohio. The credit was given the approval by the Ohio Tax Credit Authority. The company, a subsidiary of IPSCO Koppel Tubular Corporation is to provide tubular steel products that are used in the oil and natural gas exploration [...]
Continue reading...Thursday, July 30, 2009
Shell has cut its senior management rolls by 20%, from 750 to 600. The layoffs will be complete by the end of this year. The 600 executives retained had to reapply for their own jobs, and will now reorganize their own divisions. More layoffs are expected. Royal Dutch Shell is a multinational petroleum company based in The [...]
Continue reading...Saturday, June 27, 2009
Specialty Process Fabricators of Vicksburg, Mississippi will shut down over the next few months, laying off its 50 employees. The subsidiary of Ergon will lay off workers at its refining plant and ethanol plant as projects are completed. Ergon is based in Jackson, Mississippi. It includes operations as a refiner, transporter, producer, distributor and marketer of petroleum [...]
Continue reading...Wednesday, March 18, 2009
Benchmark crude deliverable this April slipped down 27 cents to $47.08 a barrel in Singapore. Mondays prices were as low as $43.63 before bouncing back up to close at $47.35. OPEC’s decision to maintain the same production levels combined with trader speculation and the current global financial crisis had some experts predicting a cut [...]
Continue reading...
Monday, February 22, 2010
1 Comment