Utilities

Visitors Attend The Skills London Job Fair

UK unemployment rate at 10-year low; earnings slow down

The jobless rate in the UK was recorded at 5.1 percent for the quarter ending November 2015. This showed the lowest jobless rate since October 2005. However, wage growth is slowing down in the UK industry. The employment rate was at high of 74 percent since 1971, according to the latest data released by Office for National Statistics.

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A Motorola logo sits on a sign outside Motorola Mobility UK

Motorola Hits Market With Moto G3, The Most Budget Conscious Smart Phone

Motorola has unveiled its Moto G3 smart phone in July 2015 and now released in the market. The concept for making budget conscious smart phones has been attracted by other mobile giants including its mother concern, Lenovo. Lenovo expects to grab the budget phone market shortly with its self developed similar products.

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Job Seekers Apply For Open Positions At Career Fair In San Francisco

Changing Career with Successful Ways

Changing career can be stressful because it is one of the most challenging professional risk you can take. When you’re making a career transition, you should focus on what really matters—how to set yourself up for long-term success.

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Pump jack

Removing U.S. oil ban would create jobs beyond drilling: report

Lifting a 40-year-old U.S. ban on crude exports would create a wide range of jobs in the oil drilling supply chain and broader economy even in states that produce little or no oil, according to a report released on Tuesday.

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bills payment processor

Five reasons to beware of autopaying bills

Autopaying bills is a no-brainer. You are never late with a payment, and you do not have to spend all that time going through stacks of bills, filling out checks, and then stuffing and stamping envelopes.

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Oilfield

ValueAct buys 5.1 percent stake in Baker Hughes

Activist hedge fund ValueAct Capital disclosed a 5.1 percent stake in Baker Hughes Inc (BHI.N), the world's No. 3 oilfield services company that has agreed to be bought by bigger rival Halliburton Co (HAL.N) for $35 billion in cash and stock.

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Singapore.jpg

Singapore's Ezra puts on hold U.S. IPO plan for subsea unit

Ezra Holdings Ltd (EZRA.SI), a Singapore-listed oilfield service company, said on Wednesday it has put on hold a plan to list its subsea services unit in the United States, prompted by unfavourable market conditions.

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qatar exchange

Qatar Petroleum, Shell halt $6.4 billion petrochemical project

Qatar Petroleum and Shell RDSa.l said they had decided not to proceed with their $6.4 billion Al Karaana petrochemical project in the Gulf state, the region's second big energy project to be shelved since oil prices began to plunge late last year.

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E.ON SE

E.ON sells most of Italian business to Czech-based EPH

Germany's largest utility E.ON AG has agreed to sell its Italian gas- and coal-fired power plants to Czech energy company EPH, ridding itself of unwanted assets from an acquisition spree in 2007.

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Oasis Petroleum Inc

Oasis Petroleum 'happy' to have SPO as largest shareholder

North Dakota oil producer Oasis Petroleum welcomes having hedge fund SPO Partners & Co as its largest shareholder, Chief Executive Tommy Nusz said in an interview on Monday, commenting on a fund that has been a shareholder since Oasis went public in 2010.

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Oil

South Korea nuclear operator says cyberattacks continue, reactors safe

South Korea's nuclear power operator said on Sunday that cyberattacks on non-critical operations at the company's headquarters are continuing but the country's nuclear power plants are operating safely and are secure from attack.

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Mergers

Delaware court says C&J tie up with Nabors unit can proceed

A merger between oilfield services provider C&J Energy Services Inc (CJES.N) with a unit of Nabors Industries Ltd. (NBR.N) can proceed, Delaware's supreme court ruled on Friday.

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Royal Dutch Shell

Shell sells parts of Norwegian downstream business to Finland's ST1

Oil major Shell (RDSa.L) said on Thursday it had sold parts of its Norwegian downstream business to Finnish fuel firm ST1 for an undisclosed sum, further divesting parts of its downstream activities.

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Crude Oil

Citgo valued at more than $10 billion in revised bids

Citgo Petroleum Corp, Venezuela's U.S. oil refining unit, has received revised bids from at least four bidders, some which have valued the company at more than $10 billion, according to three people familiar with the matter.

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Hitachi Corp

ABB, Hitachi to set up joint venture in Japan

Swiss engineering group ABB (ABBN.VX) said on Tuesday it had agreed to set up a joint venture with Hitachi (6501.T) to market high-voltage direct current (HVDC) power transmission equipment in Japan.

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