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HomeHalliburton

Halliburton

Halliburton
Earnings

Halliburton profit beats as higher global drilling offsets weak N.America

October 25, 2023 Mariel Alumit

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 […]

Oil
Crude Oil News

More Oil, Fewer U.S. Rigs: Hey Saudis, Something to See Here

June 12, 2023 Mariel Alumit

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 […]

Exploration and Production

Halliburton to assist Petrobras in stepping up digitalisation and enhancing exploration ops

March 30, 2023 Mariel Alumit

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. […]

Halliburton
Exploration and Production

Halliburton sees E&P sector growth in 2023 from years of upstream under-investment: CEO

October 26, 2022 Mariel Alumit

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 […]

Shortage
Energy Crisis

Shortage of Frac Gear Helps Hold Back USA Oil Production – How Can We Fix This Problem?

September 4, 2022 Stu Turley

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 […]

Oil Analyst Sen Sees Rising Risk as SPR Impact Fades
ENB Pub Note

Oil’s Hired Hands See Outlook Brighten as War Fractures Markets

April 24, 2022 Stu Turley

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 […]

Now the real effects are starting to create a second wave of impact on oil markets, disrupting Russian exports and threatening further price increases. 
Crude Oil News

Oil Prices Stay High as Russian Crude Shortage Hits Market

March 27, 2022 Stu Turley

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 […]

rigs - west Texas - ENB
Finance

U.S. energy shares on fire again to start 2022, stoked by inflation

January 15, 2022 Mariel Alumit

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. […]

US oil worker - Energy News Beat
Jobs

Oil and gas industry jockeys to protect its jobs against Biden’s energy transition

January 2, 2022 Mariel Alumit

Leaders on the front lines of the oil and gas industry are pushing back against Democrats’ attempts to kick the country’s reliance on fossil fuels. They argue they will be integral to the global economy […]

Basra Oil Company - ENB
Crude Oil News

Halliburton, Exxon in Talks for Stake in Iraq Oil Field

December 12, 2021 Mariel Alumit

Halliburton Co. and Exxon Mobil Corp. are in talks over the oil company’s stake in the West Qurna-1 field in southern Iraq, the country’s oil minister said. Iraq supports a U.S. partner for Exxon’s stake in the oil […]

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