HOUSTON — Oilfield services companies Schlumberger and Baker Hughes surprised Wall Street with better-than-forecast second-quarter results at a time when their businesses face rising costs in North America and global economic uncertainty.
HOUSTON — Oilfield services companies Schlumberger and Baker Hughes surprised Wall Street with better-than-forecast second-quarter results at a time when their businesses face rising costs in North America and global economic uncertainty.
A gas well in Wayne County, Mississippi blew out Thursday night, causing area evacuations but not injuring anyone, a federal incident report said.
Fears that Iran might move to disrupt global oil markets are mounting after new intelligence emerged indicating the Islamic republic could be planning an attack on oil platforms or tankers.
Richard Branson sent a letter to the US government propounding the benefits of integral fast reactors (IFR), a next generation nuclear technology, and requesting a meeting with President Barack Obama and the US energy secretary Steven Chu. The letter was co-signed by Eric Loewen, the president of the American Nuclear Society and chief engineer for…
Befesa, the industrial residue recycling division of Abengoa, a renewable energy and clean technology provider from Seville, has announced it will invest $120 million in a joint venture project with Canada’s Silvermet to build two new steel dust recycling plants in Turkey.The plants will have a combined 200 tonne capacity when running at full capacity.…
Leading oil services firm Baker Hughes warned on Friday that booming drilling in the shale oil fields of North Dakota and even south Texas could slow if US prices drop below $80 a barrel.