Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.» Read More
May 22- The North Carolina Senate on Thursday voted to make it a crime to disclose the chemicals used in hydraulic fracturing, or fracking, even as big U.S. oil companies elsewhere consider releasing more information about the fluids to address public concerns about the environment.
Some wonder whether Wall Street and Big Oil are to blame for the high price of gasoline. The answer is yes...and no.
BEIJING, May 21- Sinopec Group said it is forming a joint venture oilfield services company with U.S.-listed Weatherford International, a move that may give the Chinese state energy firm the lead in tapping the nation's potentially vast shale resources.
As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.
The environmental group Earthjustice petitioned the EPA to consider the rules on fracking fluids. Jones told reporters the EPA wants to learn what is happening at the state level and what voluntary mechanisms are available for reporting. Deborah Goldberg, an attorney with Earthjustice, said the EPA was being "less than aggressive" on the issue.
OSLO, April 30- Oil services firm Aker Solutions said on Wednesday it would split into two, keeping its best assets in a streamlined firm under new management as the market sours for several of its top business segments.
NEW YORK, April 25- Since late February, when investors fell out of love with biotechnology and other high-flying stocks, the market's fuel has been oil. The sector will look to build on recent gains when bellwethers Exxon Mobil Corp, Chevron Corp and ConocoPhillips report results next week.
The U.S. energy renaissance has coincided with a boom in energy-related stocks, one that investors are starting to notice.
OSLO, April 22- Oil services firms Baker Hughes and Aker Solutions agreed on Tuesday to form an alliance for their subsea divisions in an attempt to reduce costs as their customers- oil companies around the world- cut back on spending.
April 21- Halliburton Co, the world's No.2 oilfield services provider, expects margins to improve in North America after being depressed for two years as companies step up spending to drill and complete wells.
April 21- Halliburton Co, the world's No.2 oilfield services company, forecast a 25 percent jump in earnings in the current quarter, helped by a recovery in margins in North America and growth in overseas markets. The company, traditionally dominant in the United States, has been making a big push into international markets to combat weakness in North America.
April 21- Halliburton Co, the world's No. 2 oilfield services company, reported better-than-expected quarterly results, helped by robust drilling activity in Russia, Saudi Arabia and Angola. Halliburton, traditionally dominant in the United States, has been making a big push into international markets to combat weakness in North America.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks ended a holiday-shortened week with mostly modest gains on Thursday, though the S&P 500 notched its biggest weekly advance since July as Morgan Stanley and General Electric rallied after strong results.
April 17- Oilfield services providers Schlumberger Ltd and Baker Hughes Inc each posted better-than-expected quarterly profit on Thursday, though they said pockets of weakness loom in Brazil, Canada, Russia and other drilling regions.
*Google, IBM shares fall a day after posting earnings. NEW YORK, April 17- U.S. stocks advanced slightly in choppy trading on Thursday after three days of gains, as underwhelming results from tech bellwethers Google and IBM were offset by upbeat quarterly numbers, including those from Morgan Stanley and General Electric.
*Schlumberger first-quarter profit $1.21/ share vs est. *Baker Hughes first-quarter adjusted profit $0.84/ shr est. April 17- Oilfield services companies Schlumberger Ltd and Baker Hughes Inc reported better-than-expected quarterly profits and signaled an improvement in the North American market, driven by increased drilling in the Gulf of Mexico.
April 17- Schlumberger Ltd, the world's largest oilfield services company, reported a profit that beat analysts' estimates for the tenth straight quarter, but revenue fell short of expectations due to reduced drilling and pricing pressure in Latin America.
April 17- Schlumberger Ltd, the world's largest oilfield services company, reported a slightly better-than-expected quarterly profit on strong growth in the Middle East and North America.
It's Talking Squawk, the official "Squawk Box" blog, this week with Bill Miller on bitcoin, a truce between eBay and Carl Icahn, and Sam Zell on taxes.
LONDON, March 20- From trucks and cranes to chemists and trains, the supply chain winners from the U.S. shale boom have often been surprisingly simple. Now investors and executives are eyeing businesses that might benefit from a boom in Britain.