China is letting U.S. firms play a bigger role in the industry in exchange for their U.S. expertise, says Oilprice.com.» Read More
May 23- For two months last summer, Stanford Law School professor Joseph Grundfest locked himself away in his home office in California's Portola Valley.
The North Carolina Senate voted to make disclosing chemicals used in fracking a misdemeanor as environmentalists call for more disclosure.
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.
MARACAIBO, Venezuela, May 21- Venezuelan state oil company PDVSA on Wednesday said it had been granted a total of $2 billion in credit lines by oilfield services companies Halliburton Co, Schlumberger NV and Weatherford International Ltd..
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.
WASHINGTON, May 7- As the U.S. Supreme Court's nine-month term reaches a climax, nearly all of the most hotly anticipated decisions will be in high-stakes business cases. In the securities case, Halliburton v. Erica P. John Fund, the court could hand a sizable setback to the securities class action plaintiffs' bar by making it harder to bring such lawsuits.
*Halliburton, McDermott, China Oilfield among firms operating in country. JAKARTA, May 5- Indonesia has introduced new regulations restricting foreign investment in drilling, maintenance and construction in the oil industry, in an effort to give domestic firms an opportunity to better compete, government officials confirmed on Monday.
Conflict with Russia has not stopped U.S. and European energy giants from exploring investments in Ukraine's fledgling energy sector.
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.
After speaking with CEO Dave Lesar and parsing through earnings, Jim Cramer couldn’t be more excited about Halliburton.
*Netflix climbs in extended-hours trading after results. NEW YORK, April 21- U.S. stocks advanced modestly on Monday in subdued trading as investors showed hesitation in the wake of a strong rally last week and before a slew of key earnings releases this week.
Stocks rose on Monday after the S&P 500's largest weekly advance since July.
The energy sector still has room to run, Invesco senior portfolio manager Ron Sloan says.
*Results from Netflix expected after the market close. NEW YORK, April 21- U.S. stocks advanced modestly on Monday as investors showed hesitation in the wake of a strong rally last week and ahead of key earnings releases. The S&P 500 posted its best week since July last week, boosted by results from such names as General Electric Co and Morgan Stanley.
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.
Some of Monday's midday movers:
*Results from Netflix expected after the market close. NEW YORK, April 21- U.S. stocks rose slightly on Monday as investors found few reasons to push indexes sharply higher following a strong rally last week and ahead of key earnings releases.
*Japan logs largest-ever trade deficit; dollar rises vs yen. NEW YORK, April 21- U.S. stocks were little changed on Monday as investors found little reason to push up prices after last week's rally, while the dollar reached a two-week high against the yen after Japan posted a record trade deficit.
*Results from Netflix expected after the market close. NEW YORK, April 21- U.S. stocks were flat on Monday ahead of key earnings releases as investors found few reasons to push indexes sharply higher following a strong rally last week. The S&P 500 posted its best week since July last week, boosted by results from such names as General Electric Co and Morgan Stanley.
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.