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Added on the 26/01/2016 13:19:52 - Copyright : Reuters EN
As oil prices tumble, the industry is warned to reform if it wants to survive. That's according to a new report by DNV GL, which says companies need to cut capital expenditure and staff, while also put pressure on the supply chain. Laura Frykberg reports.
The Villages, Oct 23 (EFE/EPA).- The president of the United States, Donald Trump, warned Friday at a rally in central Florida of the risk it poses for the country's oil industry if his opponent in the presidential elections, Democrat Joe Biden, arrives at the White House.(Camera: CRISTOBAL HERRERA)SHOT LIST: US PRESIDENT DONALD TRUMP'S RALLY IN THE VILLAGES, FLORIDA, US. SOUND BITES: US PRESIDENT DONALD TRUMP (IN ENGLISH)
The United States is closely watching tensions between Venezuela and Guyana over a disputed, oil-rich border region and wants them to avoid any conflict, the White House says. "We obviously don't want to see any violence occur here or conflict occur," National Security Council spokesman John Kirby tells reporters. SOUNDBITE
"If the government were to use the 49.3" article to push through its pension reform, "there would be no more rules for anyone," warns Olivier Mateu, secretary general of the Bouches-du-Rhône CGT departmental union, at a press conference in Martigues. IMAGES
As he arrives at a summit of EU leaders, Hungarian Prime Minister Viktor Orban warns that the bloc has yet to come up with a compromise that could see him back an embargo on Russian oil. European diplomats have drafted a statement proposing that Hungary receive a temporary exemption from the ban, and hope it will be adopted at the two-day Brussels meeting. SOUNDBITE
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