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GE Oil & Gas provides first pipeline compression trains for Aramco’s project

Emirates Business GE Oil & Gas (NYSE: GE) has completed the first six high-efficiency gas compression trains manufactured in Saudi Arabia, which will be provided for Phase I of Saudi Aramco’s Master Gas System expansion project in the Kingdom. These six compression trains, which have been fully manufactured locally at the GE Manufacturing & Technology Center (GEMTEC) in Dammam, are ...

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Crude prices edge up amid freeze talks

AFP World oil prices nudged higher on Tuesday as OPEC producers met to discuss a possible freeze to crude output levels in a bid to tackle a supply glut. Around 1300 GMT, US benchmark West Texas Intermediate for delivery in April was up one cent at $33.40 a barrel. Brent North Sea crude for April rose 18 cents to $34.87 ...

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Brexit would ‘threaten jobs’, warn UK business leaders

London / AFP The bosses of more than a third of Britain’s top companies on Tuesday urged voters to keep the country in the European Union, warning that an exit from the bloc would threaten jobs. Some 198 business leaders including Roger Carr, chairman of BAE Systems, BP CEO Bob Dudley and Ron Dennis, chief of F1 team McLaren, wrote ...

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