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October 2016
28 October 2016
Imerys’ executives believe the most challenging phases in the market have now passed, as the company posts positive results and bets on the recent SPAR acquisition and the positive progress of the Alteo takeover to revamp its refractory and foundry operations.
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27 October 2016
The positive injection of revenues from strategic acquisitions carried out in 2015 has been key for Imerys’ finances, as the company recorded improvement in both revenues and margins in the nine months of 2016. The refractory divisions remain weak, as the Alteo merger is hoped to be concluded by year-end.
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27 October 2016
Despite a decline in revenue, Baker Hughes managed to reduce its loss by 44% sequentially. But the company noted that the oil and gas landscape remains challenging, with an uptick in activity in some regions offset by lower rates of operation in others.
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20 October 2016
Although the oilfield services provider saw its revenue drop year-on-year, revenue was in line with Q2 figures and the company moved into profit during the third quarter as it took advantage of a rebound in North American rig count.
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11 October 2016
Figures from the American Petroleum institute and the latest Baker Hughes rig count indicate that the steady decline in oil and natural gas drilling could be slowing, a positive for producers of oilfield minerals such as frac sand, barite and bentonite.
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06 October 2016
Fracking set to proceed at Preston New Road site; more information to be provided regarding Roseacre site.