Archives for 2018
Schlumberger income increases 18 percent in third quarter
Schlumberger’s third quarter profit increased 18.2 percent on stronger performances in North America. Source: FuelFix
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Oil set for weekly loss as supplies allay Saudi Arabia tensions
Oil headed for a weekly loss as plentiful supplies helped offset worries that tensions between Saudi Arabia and the U.S. over the disappearance of a journalist could lead to the use of crude production as...
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BSEE head optimistic for Gulf of Mexico in 2019
The Bureau of Safety and Environmental Enforcement said Thursday director Scott Angelle is “optimistic” that drilling in the Gulf of Mexico will increase in 2019. At the Louisiana Association of Business and Industry Conference in...
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Former Schlumberger CEO makes move into pipelines
A former Schlumberger leadership team is partnering with a family-led pipeline firm in The Woodlands to create the publicly traded Strike Inc. Source: FuelFix
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Energy consumers growing lax about reducing their use, IEA says
The world is growing more complacent about efforts to squeeze down the use of energy. That’s the signal coming from an International Energy Agency report, which found the smallest improvement in efficiency in a decade...
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