14952
SABIC Profit Falls 39% 
Energy

SABIC Profit Falls 39% 

Saudi Basic Industries Corp. (SABIC), one of the world's largest petrochemicals groups, reported a 39% drop in first-quarter net income on Sunday, Reuters reported. SABIC made a net profit of 3.93 billion riyals ($1b) in the three months ending March 31, down from 6.44 billion riyals in the year-earlier period.

 

Short URL : http://goo.gl/ww83tX

You can also read ...

China on Pace for Record Solar Power Installations
China, the world’s biggest carbon emitter, is poised to...
India's Import of US Coal  Quadruples
India’s coal imports from North America quadrupled to 2.1...
Major repairs at Nouri plant are scheduled to start next month.
Nouri Petrochemical Company, one of Iran's top petrochemical...
Algiers, Tehran in Talks to Expand Energy Ties
Tehran is ready and willing to play a role in Algiers' joint...
IPO to Auction 41 Filling Stations in 14 Provinces
Iran Privatization Organization is scheduled to auction 41...
Crude Prices Lose Steam
Oil eased on Monday, as traders were reluctant to take on big...
Zanganeh Says Most OPEC Members Back Extending Output Cuts
Oil Minister Bijan Namdar Zanganeh said on Monday that a...
Heavy oil from Iraq, Canada and Brazil are already replacing Venezuelan barrels.
As Venezuela’s dilapidated energy sector struggles to pump...

Trending

Googleplus