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E&P Executive Q&A: NexTier Oilfield Solutions CEOs Take on OFS Sector Recovery

2020-07-31 15:26:00| OGI

NexTier Oilfield Solutions CEO Robert Drummond shares his outlook for the oilfield services sectors recovery on the other side of this downturn.

Tags: solutions executive sector recovery

British Airways owner IAG says recovery will not be before 2023

2020-07-31 09:57:06| BBC News | Business | UK Edition

IAG group says recovery will take at least three years as it announces plans to raise billions in new funds.

Tags: owner british recovery airways

PATH FORWARD: Grant Thorntons Bryan Benoit Talks Oil Industry Recovery

2020-07-30 11:30:00| OGI

After a rough second quarter that included a historic collapse in oil prices, Bryan Benoit, a principal at Grant Thornton Financial Advisors who also leads the firms energy advisory practice, says hes starting to see green shoots ahead for the industry.

Tags: industry forward path oil

Samsung improves margins on lower sales in Q2, sees gradual recovery in H2

2020-07-30 08:45:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported higher earnings for the second quarter, helped by continued demand for its memory chips as well as a one-time gain at its display business. This helped offset the slump in the smartphone market and overall weaker consumer demand in April and May. Samsung said it expects a gradual recovery in demand for mobile devices and consumer electronics in the second half of the year, helped by the launch of new products.

Tags: in sales lower samsung