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 […]
(The Center Square) – The Texas oil and natural gas industry, in the upstream sector alone, shattered jobs records in March. The upstream sector added 4,500 jobs last month, the greatest number of jobs in […]
Shares of Schlumberger Limited (SLB) are dipping slightly on Friday as the oil drilling operator posted its first-quarter earnings, beating Wall Street revenue expectations for the quarter but disappointing on its failure to truly capitalize on […]
Offshore engineering specialist Petrofac has been awarded a technical services contract by Equatorial Guinea’s national oil company GEPetrol to support operations on the region’s offshore Block B. Under the contract, valued at around $350m over […]
Bakken consolidation is here! Pumped to be back for this latest Deal Spotlight covering Chord + Enerplus. This deal makes sense in lots of ways: acreage, development timelines etc… One of the things quoted many […]
Big Oil is trumping the Magnificent Seven on the stock market this year in an oil stocks rally that few had expected a few months ago. Energy stocks have outperformed the top tech stocks this […]
Oilfield services giant SLB on Tuesday announced plans to acquire chemistry solutions and drilling technology provider ChampionX (CHX). SLB stock retreated early Tuesday while CHX stock, an S&P Midcap 400 component, jumped. SLB (SLB), formerly Schlumberger, plans to […]
Ending “Energy Poverty” is a passion of mine. Elevating out of poverty requires low-cost, sustainable kWh delivered to homes. The global push to destroy the energy sector in the name of gaining more control is, […]
(WO) – Africa Oil Corp. has made a cash offer to acquire up to 8.0% of issued shares from minority shareholders in Impact Oil and Gas Limited. The offer is worth up to approximately $64 […]
Dolphin Drilling Semisub rig owner Dolphin Drilling has won a drilling contract for one of its rigs from oil and gas player Oil India Limited. Under the terms of the contract, Dolphin Drilling will deploy […]
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