Tag «Oil and gas»

World Bank Announces End of Financing of Upstream Oil and Gas

WASHINGTON, D.C. – At the One Planet Summit in Paris today, the World Bank announced that it will end financing for upstream oil and gas after 2019. This marks a precedent-setting shift for the world’s best-known development finance institution. For decades, the World Bank has been a major financier of oil and gas extraction and …

Infosys Positioned as a Leader in IDC MarketScape  for Oil and Gas Professional Services

Bangalore – December 12, 2016:  Infosys today announced that it has been positioned as a Leader in the IDC MarketScape: Worldwide Oil and Gas Professional Services 2016 Vendor Assessment report. The report evaluated 13 service providers in the Oil and Gas professional services space across various parameters. According to the IDC MarketScape report, Infosys has …

Arabtec, CCC & Drake & Scull Construction Consortium awards Drake & Scull Engineering AED 259 Million projects for Saraya Aqaba Resort in Jordan

Company to deliver a district cooling plant and undertake Engineering scope of works for 4 hotels and 12 villas [UAE, June 1, 2014] – Drake & Scull International PJSC (DSI PJSC), a regional market leader in the integrated design, engineering and construction disciplines of General Contracting, Engineering, Rail, Oil and Gas, Water and Wastewater Treatment, …

Rate cut hopes help Sensex close above 20,000

15th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline   The Indian equity market started off the week with smart gains. The Nifty managed to sustain above the 6,000 mark for the second consecutive trading session while the Sensex closed above the 20,000 mark for the first time since May 30. …

Infy beats street; Nifty closes above 6000

12th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Infy beats street; Nifty closes above 6000 It was another day of stellar gains for the Indian equity market. The benchmark indices continued their upswing on day two on strong set of results by Infosys. The IT bellwether reported an about 4% …

Profit booking sets in; Re near 60/$

2nd July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Profit booking gripped the benchmark indices today after three days of consecutive gains. Every time the bulls tried to bounce back, a deluge of selling pressure stemmed their tide. Negative vibes from the European equity market also proved to be a dampener. …

Shanghai Surprise: Market does a trapeze on China concerns

25th  June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline  Shanghai Surprise: Market does a trapeze on China concerns The benchmark indices closed off the day’s high on Tuesday amid huge volatility. It opened flat, bounced back, but failed to sustain thrice. However, a strong opening in Europe and a recovery in …

Mkt shrugs RBI policy, European cues power Nifty to 5850

17th June, 2013 : Comments by Amar Ambani, Head of Research, India Infoline (a well diversified financial services company) The indices started the week with smart gains extending its upswing for the second consecutive trading session. Ahead of the Reserve Bank’s monetary policy, the market traded flat with a slight negative bias. However, the benchmark …

21st May, 2013 : Weak Rupee leaves Nifty cold

It was a highly-volatile market session with indices ending near the day’s low. This is the second straight day of losses for the benchmark indices. Sentiment was dampened after the rupee depreciated 30 paise against the dollar, touching a three-month low of 55.2975. Selling pressure further intensified as investors tracking weakness in the European markets …