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BP plans to cut 4,000 jobs as crude-oil slump deepens  Word oil reports that BP will cut 4,000 jobs in its crude-oil production division this year as prices continue to tumble.The company will reduce its worldwide upstream workforce to less than 20,000. The cuts include 600 people working at North Sea projects: they’ll lose their positions over the next two years “with the majority in the first year,” London-based spokesman David Nicholas said by phone.The job losses added[; to the 4,0 …

Bosch GTS 10 Grades- Professional Table saws.Versatile tools with powerful 1800-2100 watts motor with starting current limitation and overload protection for fast work.Tool-free lowering of the riving knife for concealed cuts with heights up to 79 mm and cutting capacities up to 460 mm- 635 mm to the right and 210 mm- 250 mm to the left of the saw blade Dust extraction ports on the protective guard and on the back of the tools.Safe storage of additional saw blade, assembly tools and accessories- …

Industrial Chemical Giants Dow and Dupont Discuss $120Mn MergerIn discussions with the Wall Street Journal, sources have reported that a potential merger is in the works for industrial companies DuPont (NYSE:DD) and Dow Chemical (NYSE:DOW). The merger would be followed by the division of the conglomerate into three parts for a separate spinoff or sale of each. The merger would create a $120 billion industrial conglomerate that would result in numerous synergies for the two companies. DuPont and …

OPEC promises to increase Oil production Despite drop in Oil priceAccording to World Oil OPEC promises to maintain its production at current levels and refrains from setting an official output target, a continuation of the Saudi Arabian-led policy that’s driven prices to a six-year low.The Organisation of Petroleum Exporting Countries decided to retain production at 31.5 MMbopd, group President Emmanuel Ibe Kachikwu told reporters on Friday, after a meeting of OPEC ministers in Vienna. …

Global Offshore Lubricants market Will grow 7.07% Due to Increasing investmentsThe global offshore lubricants market was valued at USD 110.86 million in 2013 and is likely to reach USD 183.50 million by 2020, growing at a CAGR of 7.07% from 2014 to 2020.According to a recent market research report published by Transparency Market Research, the global offshore lubricants market is poised to grow at a remarkable pace due to the increasing oil exploration activities. The report, titled “Offshore Lu …

GZ offers Promo on Bosh Power Tools, Take advantage of 20% on Bosch professional impact drillsPowerful offer for Professionals. Promotion valid from 1st September - 30th September, 2015.GZ industrial Supplies Nigeria here offers our products on sale for the periods ending first September 2015 to 30th September 2015, all customers for the specific products will enjoy a discount of 20% within these periods, the products are.Bosch GSB 13 RE Professional impact drill previously sold at N21,250 will …

Dewalt released an app that controls DeWALT power tools equipped with a new Bluetooth battery.Power tools brand DeWALT has released its smartphone app for iOS and Android. The DeWALT Tool Connect App pairs with Dewalt's first line of 20V MAX 2.0 Amp (DCB203BT) and 4.0 Amp (DCB204BT) lithium ion batteries with Bluetooth capability. The Bluetooth enabled batteries enable the smartphone app to run battery diagnostics, alert at low battery charge, alert at high temperature, alert at charge com …

Sika Announced the release of their new generation hot air welding machine.Sika Roofing is pleased to announce the release of its new Sarnamatic® 681 hot-air welder, which will give Sika authorized applicators the most reliable and user-friendly seam welder to date. Combining safety, reliability, application efficiency and an easy-to-use interface, the Sarnamatic 681 is in a class of its own.Sika is the only membrane manufacturer that designs its own hot-air welding machines, and the Sarnamatic …

Press Release: PRnewswire 18th August 2015Global Automotive Lubricants market shows key vendors are Shell, Sinopec, Exxon Mobil, BP, Chevron.The global automotive lubricant market to grow at a CAGR of 2.77% during 2014-2019. The report, Global Automotive Lubricant Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. It also includes a discussion o …

We have gathered that you can set up your own workshop to do so many stuff at home, GZ industrial supplies have the range of products to supply to you if you are doing this at home in Nigeria, we have gotten the tips and details for lifehacker on setting up the ultimate DIY workshop  at homeA garage is a natural place to store tools and equipment, but that doesn’t mean it’s the ideal place to build your next project. Here’s how to transform your garage into a safe and productive DIY wo …