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Oil & Gas

Schlumberger posts $10.1 billion loss in 2019

17/01/2020

Schlumberger, the largest oil-field service company in the world, lost $10.1 billion in 2019 as a result of hefty write-downs on two past acquisitions and weakening demand for hydraulic fracturing services in the United States and Canada.

North Sea

Oil giant targeted in climate protest

17/01/2020

Climate change protesters blockaded the headquarters of oil giant Shell yesterday in the first in a series of protests across the Granite City.

Africa

Libya tots up oil earnings

16/01/2020

While high-level meetings continue in trying to bring some sort of resolution to Libya’s conflict, the National Oil Corp. (NOC) has continued producing hydrocarbons and its commitment to transparency.

Breaking