HSBC is undergoing a major restructuring under new CEO Georges Elhedery, focusing on cost-cutting and simplification. The ...

DENVER (AP) — DENVER (AP) — Liberty Oilfield Services Inc. (LBRT) on Wednesday reported third-quarter net income of $73.8 million. The Denver-based company said it had profit of 44 cents per share.

Electrification reduces diesel consumption and emissions from oilfield operations. Many oil companies executives are concerned about the cost of going electric. Costs and access to the grid are ...

Electrifying oilfield operations can reduce emissions and eliminate pollution and noise associated with diesel-powered rigs and fracking equipment. The Texas power grid has come under significant ...

Sept 27 (Reuters) - London-listed oilfield services provider Petrofac (PFC.L), opens new tab said on Friday it had reached an in-principle agreement with some of its key stakeholders for a ...

Ecopetrol produced 2.8 million bbl of oil from third-quarter 2019 to June 2024 through an air injection pilot at Chichimene oil field in Colombia. Gas produced from Italy’s offshore Argo ...

The project would provide artificial lifts for the project’s second phase, aimed at boosting oil output at the giant oilfield, one of the people told Upstream. “Robt Stone has received the EPC ...

There are different types of crude oil. The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly ...

A mysterious geyser erupted in a West Texas oilfield on Wednesday, sending salty water contaminated with oil 100 feet into the air. Responders reported a smell of oil and rotten eggs coming from ...

A tower of salty water that appears to be laced with oil is shooting roughly 100 feet into the sky just West of Toyah in Reeves County, an area of West Texas plagued by a recent rash of ...

The Falkland Islands look to be on a major collision course with the UK government over its plans to exploit a huge oil field that could earn it billions of pounds in revenue. Some 800 million ...

Executives at companies providing picks and shovels for the oil-and-gas industry are sounding a lot less bullish today than they were earlier this year. But shares in some might have been unduly ...