Industry

Emerson strengthening its position in the region

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Emerson Process Management is consolidating and strengthening its presence in the region when it opened its new Middle East Flow Service Centre in Abu Dhabi which represents the first in-region VSL Calibration and Measurement Capability (CMC)-certified calibration facility.

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Baker Hughes sees Q1 2011 revenues jump

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Baker Hughes announced net income for the Q1 2011 of US$381mn compared to US$129mn for the first quarter 2010 and US$335mn share for the fourth quarter 2010.

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ExxonMobil see rise in Q1 2011 earning

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ExxonMobil saw Q1 2011 earning hit US$10.7 billion, up 69 per cent from the first quarter of 2010, reflecting higher crude oil and natural gas prices, increased refining margins and record chemical performance.

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Shell sees earnings soar

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Royal Dutch Shell announced that its Q1 earnings rose 60 per cent, driven by higher oil prices despite a dip in production, and helped by asset sales and improving refining operations.

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ConocoPhillips' Q1 earning jumps

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ConocoPhillips announced that Q1 earnings rose 43 per cent to hit US$3 billion as higher oil and gas prices made up for a sharp decline in production.

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