Industry

BG Groups revenue and other operating income increased by 21 per cent to $5 397 million, reflecting the benefit of higher realised prices and a one per cent increase in E&P production volumes.

The Dow Chemical Company has appointed Zuhair Allawi as general manager for the Dow Saudi Arabia Company in move which strengthen Dows ties in the Kingdom.

Royal Dutch Shells third quarter 2011 earnings on a current cost of supplies (CCS) basis was US$7.2 billion compared with US$3.5 billion the same quarter a year ago.

ConocoPhillips, the first of the three largest U.S. oil companies to reveal third-quarter results, reported earnings of US$2.6 billion which is a 16 per cent fall compared with third-quarter 2010 earnings of US$3.1 billion.