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Wood Mackenzie: Low desire for risks in the oil sector

The lower oil price puts a damper on desire to invest in the oil sector, shows a survey performed by Wood Mackenzie among 170 companies active in the sector, reports E24.

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Siemens Gamesa merger has incited major internal unrest

The large-scale merger of Spain's Gamesa and Danish-German Siemens Wind Power has become a thorn in the side of many employees at the new wind turbine major. Internal power struggles and large cultural clashes mean that employees are looking to leave the company after what they call a chaotic marriage between the two firms.

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