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industry

Americas

What’s ahead under President Biden, industry by industry

Now that the campaigning is over, the work begins for Joe Biden to start making good on the policy changes he promised. Here’s a breakdown of how a Biden presidency may affect some two dozen U.S. industries and what might rise to the top of his agenda as he takes over from Donald Trump in January. A few giant tech companies -- practically industries unto themselves -- are included for good measure.

Promoted

Promoted: Supporting cross-industry innovation

As companies continue to adapt to the challenges affecting the oil & gas sector and search for ways to make improvements in efficiency, there is a risk that investing in innovation can, in some circumstances, become a casualty.

Opinion

Opinion: Overcoming industry issues to improve financial security

The oil and gas industry is in a state of flux and companies are continuing to tighten purse strings in an effort to protect profit margins. Dan Ibbetson from Aggreko examines five of the issues sending shockwaves throughout the sector and why overcoming these could support a company’s ability to compete at the top of the market, now and in the future.

Oil & Gas

The oil industry got together and agreed things may never get better

The thousands of attendees seeking reasons for optimism didn’t find them at the annual International Petroleum Week. Instead they were greeted by a cacophony of voices from some of the largest oil producers, refiners and traders delivering the same message: There are few reasons for optimism. The world is awash with oil. The market is overwhelmingly bearish.

Opinion

Opinion: Time to get real on North Sea oil jobs

Sometimes MSPs have to keep asking the same question, and I’ve long since lost count of the number of times I’ve asked how many jobs have been lost In Scotland since the oil jobs crisis began over a year ago.

Other News

UK industry suffers worst monthly performance since 2012

UK industry suffered its worst monthly performance since 2012 in December in a tough end to the year for manufacturing firms and as record mild weather hit demand for energy. Official figures showed industrial production fell by 1.1% during December - the steepest fall in activity since September 2012 - which left the sector nursing a 0.5% drop in the final quarter.

Other News

Warning as skills shortage sees surge in unfilled jobs

Firms are facing an “unprecedented” shortage of skilled workers, with the threat that thousands of vacancies will be left unfilled, a new report has warned. The number of posts left unfilled has increased by 130% since 2011, according to the UK Commission for Employment and Skills.

Other News

Struggle to find work for former steelmakers in Redcar

The “devastating” impact of the crisis gripping the steel industry has been revealed in figures showing how difficult it is for workers to find other jobs. A government report showed that over half of SSI steel workers in Redcar are still looking for work four months after the plant closed.

Oil & Gas

MSP calls for “year of action” by the government in the oil and gas industry

An SNP MSP has called for a “year of action” by the government in the oil and gas industry. Mark McDonald gave his backing to Sir Ian Wood who, in an interview with Energy Voice, said the offshore sector had to “keep cool” and “not panic”. The former Wood Group Chief Executive said that the industry could not afford to lose “good companies” while the oil price dipped under $30 a barrel.

Other News

‘Positive step’ for Tata Steel plants as Liberty House interest revealed

Interest from a metals group in Tata Steel’s two mothballed Lanarkshire plants is a “positive step” for those aiming to keep them open, the business minister has said. Fergus Ewing insisted there was a “degree of optimism” after Liberty House emerged as a potential buyer for the Dalzell and Clydebridge works.