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United Kingdom

Liz Hampton

UPDATE 2-Halliburton takes $2.2 bln charge on shale slump

1:36pm GMT

Jan 21 U.S. oilfield services firm Halliburton Co. on Tuesday disclosed a $2.2 billion charge to earnings as weakening North American shale activity continued to hit the industry.

Schlumberger tops profit estimates, plans more cost cuts amid shale slump

17 Jan 2020

NEW YORK Schlumberger NV on Friday outlined an aggressive cost-cutting plan for its North American operations as the world's largest oilfield service firm contends with sharp declines in U.S. shale activity.

Big three oilfield services firms start year with asset sales -sources

16 Jan 2020

NEW YORK/DENVER, Jan 16 Schlumberger, Halliburton Co and Baker Hughes Co have kicked off the new year by putting units up for sale, as the three largest names in oilfield services seek to reshape their businesses and adjust to falling demand.

RPT-Three years after $1 bln Venezuela deal, U.S. oilfield firm shuts doors

13 Jan 2020

Jan 10 An Oklahoma oilfield company that played a central role in Venezuela's high profile attempt to convince the world it could halt production declines at its dilapidated oilfields has shut its doors, according to three people familiar with the matter.

Three years after $1 billion Venezuela deal, U.S. oilfield firm shuts doors

11 Jan 2020

An Oklahoma oilfield company that played a central role in Venezuela's high profile attempt to convince the world it could halt production declines at its dilapidated oilfields has shut its doors, according to three people familiar with the matter.

Anti-fracking group proposes limiting Colorado oil and gas drilling

07 Jan 2020

DENVER A Colorado environmental group on Tuesday launched a fresh push to curtail drilling in the fifth-largest oil-producing state, citing concerns over health and safety.

Anti-fracking group proposes limiting Colorado oil and gas drilling

07 Jan 2020

DENVER, Jan 7 A Colorado environmental group on Tuesday launched a new campaign to tighten regulations on the state's oil and gas industry, in a fresh push to curtail drilling in the fifth-largest oil-producing state amid concerns over its potential health and safety impacts.

U.S. shale producer shares spike with oil prices but rise seen as fleeting

03 Jan 2020

HOUSTON/DENVER Shares of U.S. shale producers climbed on Friday as Middle East tensions boosted oil prices to an eight-month high, but the bump is likely to prove temporary as companies stay focused on cost-cutting in 2020.

UPDATE 1-U.S. shale producer shares spike with oil prices but rise seen as fleeting

03 Jan 2020

HOUSTON/DENVER, Jan 3 Shares of U.S. shale producers climbed on Friday as Middle East tensions boosted oil prices to an eight-month high, but the bump is likely to prove temporary as companies stay focused on cost-cutting in 2020.

U.S. shale producer shares spike with oil prices but pare gains

03 Jan 2020

HOUSTON/DENVER, Jan 3 Shares of U.S. shale producers spiked briefly on Friday as Middle East tensions boosted oil prices to an eight-month high, but the bump is likely to prove temporary and the companies will stay focused on cost-cutting in 2020.

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