American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures
Previously, we reported that U.S. oil production has maintained its upward trajectory in the current year even as…
Halliburton reduces workforce as oil activity slumps, sources say
By Shariq Khan and Liz Hampton DENVER (Reuters) -U.S. oilfield services provider Halliburton has been cutting staff in…
Halliburton, Schlumberger Brace for the Next Oil Slump
U.S. oilfield service majors had a good run after the pandemic lockdowns ended. Demand for oil rebounded strongly,…
U.S. Oil Output Drops to Lowest Level in 15 Months
January U.S. crude oil production was down 305,000 barrels per day, hitting 13.15 million bpd, a level it…