Halliburton has posted its highest quarterly earnings in over a decade after bringing in total revenues of $5.8 billion (£4.6bn) in the first quarter of 2024. This marked a 2% increase compared to the first […]
(WO) – OMV Petrom has made significant progress in developing the Neptun Deep project. The company has signed an agreement with an estimated value of $350.45 million for the semi-submersible drilling rig Transocean Barents for a minimum […]
Yahoo Finance Halliburton’s third-quarter profit beat market expectations on Tuesday as higher international drilling and equipment demand helped overcome weakness in North America. The increased demand comes as oil and gas companies reinvest their record profits […]
U.S. drillers have the potential to double oil output from existing wells, thanks to new drilling efficiencies and innovations such as shale well refracturing Higher drilling efficiency is driving U.S. oil production to new highs […]
Home Fossil Energy Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops Brazilian state-owned oil and gas giant Petrobras has picked Halliburton’s digital platform to accelerate digital transformation and address subsurface challenges. […]
Amid uncertainty in the global economy as a potential recession, the ongoing Russia-Ukraine war and lingering coronavirus concerns in China put a question mark around near-term energy markets, the coming year looks solid for the […]
In a dusty corner of Oklahoma, close to where Erle Halliburton founded his eponymous oil services empire 103 years ago, a group of workers shows why US oil production growth has been underwhelming in spite of a […]
ENB Publishers Note: In what is called the last “Supercycle” 14 years ago with $145 oil it was even by the name a cycle. The energy crisis has migrated beyond a cycle into a staged […]
The de facto buyers’ strike on Russian crude that began a month ago propelled oil prices to their highest levels in years. Now the real effects are starting to create a second wave of impact […]
Shares of U.S. energy companies are soaring in the early days of 2022, driven by a shift to so-called value stocks and assets that stand to benefit from the steepest inflation in nearly four decades. […]
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