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Tag: offset
Report: Oman looks to increase revenue to offset the effect of dwindling oil prices
2016-05-13 01:00:00| Hydrocarbons Technology
A weak oil and gas market has forced the Oman government to adopt measures to increase its revenue, says a GlobalData report.
Tags: report
increase
prices
effect
Declines in Fragrances Offset Coty\'s Growth in Color
2016-05-03 15:19:00| Happi Breaking News
Sales decline 1% like-for-like in Q3.
Tags: color
growth
offset
declines
Report: Indonesia set to introduce fiscal changes to offset low prices and regulatory uncertainty
2016-04-29 01:00:00| Hydrocarbons Technology
Indonesia plans on introducing new and attractive fiscal terms in contracts beginning 2016 to combat regulatory uncertainty and weak oil prices, says a new GlobalData report.
CSX Profit Meets Estimates as Cost Cuts Help Offset Coal Slump
2016-04-14 09:17:03| Railroads - Topix.net
CSX Corp.'s first-quarter profit met analysts' estimates as cost cuts helped make up for a drop in coal and oil carloads at the largest railroad in the eastern U.S. Earnings fell to 37 cents a share from 45 cents a year earlier, CSX said in a statement Tuesday, in line with the average of 25 forecasts compiled by Bloomberg. Sales fell 14 percent to $2.62 billion.
Tags: cost
profit
estimates
meets
China's Sinopec Oilfield seeks growth in overseas and gas drilling to offset oil work plunge
2016-04-01 05:27:29| Oil & Gas - Topix.net
Sinopec Oilfield Service, whose biggest customer is China's second largest oil and gas producer Sinopec - has turned its focus to the overseas market and domestic natural gas projects for growth, as low oil prices cut domestic oil drilling work volumes and saw it post a loss last year. The drilling and construction services arm of state-owned China Petrochemical - parent of listed Sinopec - is aiming for overseas business to contribute up to 35 per cent of its revenues by 2020, up from 23 per cent last year.
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