Houston Chronicle

Americas

Report: US hydraulic fracturing demand expected to bounce back

19/05/2020

Demand for hydraulic fracturing services in shale plays across the United States is expected to reach rock bottom in May and stay low in the summer before a recovery begins in the fall, the Norwegian global energy research firm Rystad Energy reported.

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.

Americas

SEC charges Energy XXI founder

18/07/2018

The federal government charged Houston-based Energy XXI founder John Schiller on Monday with failing to disclose more than $10 million in personal loans and perks from corporate vendors and board members in exchange for contracts and appointments.