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Energy stocks (XLE -3.1%) comprise Wednesday's five biggest losers on the S&P 500, as crude futures plunged by the most since November after the United Arab Emirates and Iraq signaled OPEC may have greater willingness to raise production, as well as hopes for a de-escalation of the Russia...
Traders are betting Brent prices will cross $200 while U.S. energy import ban on Russia will likely find no other major nation joining suit. U.S. extraction and refining capacity seem to have a shortfall relative to domestic consumption. Analysis for a choice between clean energy ...
Schlumberger (NYSE:SLB) says it is launching Schlumberger End-to-end Emissions Solutions, a business dedicated to eliminating the oil and gas industry's methane and routine flare emissions. Schlumberger says the business will provide services and technologies "designed to give operators a rob...
New end-to-end emissions solutions business offers a unique range of solutions to help operators identify, quantify, report, and eliminate emissions as they work toward their decarbonization objectives Schlumberger announced today the launch of Schlumberger End-to-end Emissi...
Schlumberger's (SLB +5.7%) Q1 results likely will be hurt by the Russia-Ukraine conflict, CEO Olivier Le Peuch told the CERAWeek by S&P Global conference in Houston, largely from the effects of the depreciation of the ruble, which lost around a third of its value last week. Le Peuch ...
If you're looking for a quick recovery in Russian stocks, you may be in for a rude awakening. I'm not buying arguments like "the war in Ukraine won't matter in a year." Russia's actions are causing significant systemic damage to the Russian economy and Russia's companies. I wo...
Schlumberger (NYSE:SLB) +2.3% pre-market after saying it was awarded an extensive contract for drilling, completions and production services by TotalEnergies (NYSE:TTE) for its Tilenga onshore oil development in Uganda. Schlumberger says the scope of the contract includes the provision of dir...
Schlumberger announced today that it has been awarded an extensive contract for drilling, completions and production services by TotalEnergies for its Tilenga onshore oil development in Uganda. The scope of the contract includes the provision of directional drilling services, upper ...
Stock Market Futures Extend Losses On Growing Inflation Concerns U.S. stock futures are still in the red in early morning trading on Tuesday this week. On top of geopolitical concerns, another elephant in the room now for investors would be inflation. As Thursday’s consum...
Leading oilfield services companies Schlumberger (SLB +8.1%), Halliburton (HAL +6.2%) and Baker Hughes (BKR +4.7%) all closed at multiyear highs Monday, leading the energy sector as WTI crude oil closed at its highest front-month contract finish since September 2008 after setting an overnight...
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Regulatory News: SLB (NYSE: SLB) today announced that it will proceed with a voluntary delisting of its shares (ISIN: AN8068571086) from Euronext Paris. Consistent with its prior decisions to delist from other exchanges, SLB reviewed the low trading volumes on the Euronext Paris and, give...
Long-term partnership will digitally transform Aker BP’s subsurface workflows to lower costs, shorten planning cycles and increase production more sustainably Regulatory News: This press release features multimedia. View the full release here: https://www.businesswire.com/n...