Baker Hughes reported a drop in profit for the fourth quarter owing to higher costs even as revenues increased 22 per cent from last year.
Industry
EU approves oil embargo on Iran
The European Union (EU) approved an embargo on Iranian oil imports at a meeting of EU foreign ministers in Brussels.
Unique Maritime Group presents a new vision
Unique Maritime Group (UMG) is continuing to expand its services and capabilities and the company held a round table to discuss its new regional and international vision Strength in Depth.
Schlumberger's Q4 2011 earnings jump 36 per cent
Schlumbergers Q4 earnings rose by 36 per cent from US$9.07 billion in 2010 to hit US$10.97 billion in Q4 2011.
Q4 2011 review of Saudi petrochemical companies
Sabic, PetroRabigh, Petrochem and Sipchem have announced their Q4 2011 financial reports recently. We have provided a round-up of the results.
More Articles …
