Schlumberger has about $700 million at risk. including receivables and a promissory note for past work.
Read More »Russian Gazprom Shows Loss for First Time in 19 years
According to Interfax'.s calculations. based on Gazprom’s data. the amount of the loss was $157.8 million.
Read More »The Oil and Gas Industry Is Hiring Again
In the last three years. more than 440.000 jobs were wiped out in the industry.
Read More »Bahrain Minister Calls for Freezing Qatar`s GCC Membership
Bahrain will not attend the upcoming GCC summit if Qatar takes part.
Read More »Oil Quality Issues Could Bankrupt Venezuela
Output is falling. cash is drying up and oil workers have fled the country because of food shortages and violence.
Read More »Europe Strongly Backs Iran`s Nuclear Accord
JCPOA is the official title of the nuclear deal. which stands for the Joint Comprehensive Plan of Action.
Read More »Kurdistan Region Says Iraqi Forces Preparing Major Attack in Oil-Rich Kirkuk
Iraqi forces captured Mosul from Islamic State in July. after a grueling nine-month U.S.-backed offensive with the participation of Kurdish Peshmerga.
Read More »European Council Adopts New Regulation on Gas Supply Security
This regulation. as well as the decision regarding intergovernmental agreements (IGA".s). are two of the main building blocks of the Energy Union strategy.
Read More »Halliburton. Schlumberger Eyeing Venezuela Ramp-Up
Halliburton said last year that it began scaling back operations in Venezuela as a result of delayed payments.
Read More »The Energy War That Erdogan Is Winning
One of the main consequences here is the exploration by Turkish vessel Barbaros Hayrettin Pasa.
Read More »