Monthly Archives: March 2011

Oil prices fell to near $103 a barrel Tuesday as Libyan rebels made gains in their struggle to topple Moammar Gadhafi and restart crude exports from the OPEC nation. By early afternoon in Europe, benchmark crude for May delivery was … Continue reading →

WASHINGTON, Mar 22, 2011 (AFP) – The United States placed sanctions on 14 firms controlled by Libya’s state oil company on Tuesday, tightening a financial noose on a key source of funds for the Moamer Kadhafi regime.

Oil prices rose by over $2 a barrel as a wave of UN-mandated airstrikes on Libya and proliferating unrest in the Middle East fanned concerns about oil supply from the region. Brent crude for May was up $1.80 to $115.73 … Continue reading →

“The oil market is currently having to keep an eye on several moving targets at once, all of which could have potentially explosive consequences for prices,” said analysts at KBC Energy Economics, a division of KBC Advanced Technologies PLC. “The … Continue reading →

Saudi Arabia’s Labour minister says the kingdom must create 5 million jobs by 2030 if it is to meet the needs of young Saudi men who will mature in to the job market by then. In his opening speech to … Continue reading →

1 x Project Manager and 1 x Construction Manager, S.Africa. Both with experience in SMP (Structural / Mechanical / Piping) and must have experience in one of the following – Power Station / Petrochemical Plant / Heavy Industrial. My client … Continue reading →

Saudi Arabia’s construction industry is forecast to reach a value of $23billion and post an annual average growth of 4% between 2011 and 2015, Business Monitor International said in its report on the Kingdom’s construction sector for Q2. Data from … Continue reading →

The high price of oil has renewed exploration activity, but energy engineering and geoscience professionals in the United States are rapidly moving toward retirement age. Political and technological changes may rapidly accelerate the number of trained professionals needed. Whether prices … Continue reading →

Welcome! Failte! ahlan wa sahlan! Bienvenido! to the new blog section of CCM Engineering. Stay on top of the latest requirements we have with our clients and within the industry right here!