oilfield

Halliburton Posts Q3 Profit as Drilling Rebounds, Eyes Jump in Customer Spending

Oilfield firm Halliburton Co. on Tuesday posted its third consecutive quarterly profit and said customer spending in the United States could jump 20 percent next year, as stronger oil prices ...

October 20, 2021BY Reuters
Two Small Iraqi Oil Wells Set Ablaze in ‘Terrorist Attack,’ Ministry Says

KIRKUK—Two wells in a small oilfield in northern Iraq were set ablaze by explosives in a "terrorist attack" on ...

December 9, 2020BY Reuters
Oil Services Giant Schlumberger to Cut 21,000 Jobs

American oilfield services giant Schlumberger announced plans Friday for deep spending reductions, including cutting 21,000 jobs across its ...

July 24, 2020BY Alan McDonnell
Oilfield Spending to Fall 21% as Producers Slash Outlays: Report

Global spending on oilfield equipment and services this year will fall 21 percent from 2019 to $211 billion, the ...

April 1, 2020BY Reuters