Jude Hislop

Halliburton revenue drops 28% in Q4, 2016 to be ‘a tough year’

Energy Financial

Total Halliburton annual revenue of $23.6 billion declined 28% year-over-year, moving ahead with Baker Hughes acquisition Economic headwinds affecting the global oil and gas industry took their toll on industry leader Halliburton, but the company says it still managed to outperform industry averages. Halliburton has announced that income from continuing operations for the fourth quarter of 2015

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Texas oil and gas production statistics for Nov. 2015 – Railroad Commission

News

Texas Nov. 2015 crude oil production up: 2,365,640 b/d compared to 2,255,356 b/d of Nov. 2014 Oil prices may be down, but Texas production is up for Nov. 2015 compared to the year before, according to new statistics from the Railroad Commission of Texas. Production for Nov. 2015 is 70,969,209 barrels of crude oil and 596,523,139 Mcf (thousand cubic

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University of Calgary helps Mexico implement ambitious energy reforms

News

University of Calgary energy expertise ignites $12 million collaboration with Mexico The University of Calgary and the Mexican Ministry of Energy (SENER) recently signed a collaboration note that opens up a long-term partnership to help Mexico boost its energy sector. “Our partners told us that Mexico’s main priority is energy and we worked together to

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Schlumberger revenue down partly due to ‘challenging currency environment’

Energy Financial

Schlumberger North America revenue declined 39% (land down 45%, offshore down 17%) HOUSTON, Texas – Schlumberger Limited says 2015 global revenue was down 27 per cent, with a full one-third of the decline coming from the weak position of international currencies against the US dollar. “Full-year 2015 revenue of $35.5 billion decreased 27 per cent year-on-year in

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GE announces 1.4 gigawatts of Dec. wind turbine orders

News

Lincoln Clean Energy/Starwood selected GE’s new 2.3-116 turbines for Horse Creek wind farm, a 230 MW project in northern Texas GE Renewable Energy, a division of industrial giant GE and the world’s largest renewable energy equipment manufacturer, says it secured 1.4 gigawatts of firm and unconditional wind turbine supply orders in the month of Dec. The agreements

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East Coast winter storm: ‘Energy disruptions map’ tracks infrastructure problems

News

Pennsylvania, Maryland, Virginia, and North Carolina declare state of emergency Worried about the power staying on during the this weekend’s winter storm on the East Coast? The US Energy Information Administration’s energy disruptions map displays key layers of energy infrastructure, including oil refineries, power plants, and major electric transmission lines, and real-time storm information from the National Weather

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Oman says it will cut oil production to stabilize prices if others will

News

Oman is largest non-OPEC oil producer in Middle East This week Oman became the first major non-OPEC oil producer to state its willingness to cut oil production by up to 10 per cent in coordination with other countries in an effort to stabilize the oil market. Oman is the largest producer of crude oil (including condensate) in the Middle

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