The millennial cancel culture has set its sights on the oil and gas industry. More than 1,100 employees at Google are calling on the tech…
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Baker Hughes is a energy technology company
Baker Hughes marks its independence after more than two years of majority ownership by the industrial conglomerate General Electric Co. A team that brings out…
Halliburton Lays Off 650 employees across the Rockies region
Halliburton has laid off 650 employees across the Rockies region. Officials say there is growing concern over uncertainty following an oil and gas bill passed…
Crude oil prices could plunge lower
Saudi Arabia has restored half of the crude product that was lost to devastating attacks on its oil industry, and the kingdom said output will…
$1.5 trillion IPO up in smoke?
New security fears jeopardize Saudi Aramco’s public stock offering following the attack. last week Saudi Aramco CEO Amin Nasser told media, the company would list…
Half of Saudi Arabia’s oil industry got taken offline by 1 drone
Yemen’s Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on Saturday, Taking out more than half the Dictatorships…
Saudi Aramco said it is ready to go public…will wait for better market conditions
“We, in Saudi Aramco, have delivered strong and unmatched financial results, despite lower oil prices and volatile market conditions. This is really a testament to our resilience,” said al-Dabbagh, noting the talks are in the early stages.
Christopher Wright Talks About the Slowdown in Fracking
Christopher Wright Good morning, everyone, and thank you for joining us. We’re pleased to discuss with you today our second quarter 2019 results. We’re proud…
Job cuts Report – NOV expected Job cuts amid ongoing oil & gas industry slump
ob cuts are expected at Houston oilfield service company National Oilwell Varco following the implementation of a company restructuring plan created in response to an…
A Perfect storm is approaching Liberty Oilfield Services
The Permian Basin is responsible for the greatest oil production gains in the U.S. in recent years. Over the past eight years, there has been phenomenal…
Halliburton Cuts 8% of North American Fracking Jobs
After the Frac slowdown that started in the early part of the year, The world’s biggest provider of fracking equipment, including Rock blasting Pressure Pumping…
Marathon Petroleum Stock takes a beating!!
Marathon Petroleum (MPC) closed the most recent trading day at $54.83, moving -1.17% from the previous trading session. This move lagged the S&P 500’s daily…
The oil-rich Permian basin is slowing – Bad News For Halliburton?
Halliburton is days away from reporting 2Q19 earnings, and a shift in the narrative regarding North America could be bad news for Halliburton. Why? Below…
Consolidation In The Pressure Pumping Secture
Having a quite-fleet might not be enough to survive in the ever-volatile pressure pumping sector. As the fracking companies push for more economically viable frac…