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.

Weatherford posted third quarter revenues of US$3.3 billion which is an increase of 33 per cent compared to the same period last year and 11 per cent higher than the previous quarter. In the MENA region, revenues dipped slightly due to a fall in activity in Algeria.