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Nishara Karuvalli Pathikkal

UPDATE 2-Schlumberger CEO outlines digital strategy, plans Q3 writedown

04 Sep 2019

Sept 3 Schlumberger NV's newly-appointed Chief Executive Officer Olivier Le Peuch on Wednesday outlined his vision for the world's largest oilfield services company, vowing to exit unprofitable businesses, restructure some units and focus on returns.

Devon Energy profit beats, raises oil output forecast

06 Aug 2019

Devon Energy Corp raised its full-year oil output forecast and beat estimates for quarterly profit on Tuesday, as the U.S. oil and gas producer drilled more in Delaware basin and sold it at higher prices while keeping a tight lid on expenses.

Corteva shares rise as profit beats on international markets

01 Aug 2019

Pesticide and insecticide maker Corteva Inc's quarterly profit beat estimates as volumes and prices in its international markets rose more than expected, sending its shares up more than 8%.

DuPont pins hopes on lower costs to counter trade war hit

01 Aug 2019

Industrial materials maker DuPont raised its full-year profit forecast on Thursday as it plans to cut costs to combat the impact of slowing demand in the electronic and automotive sectors due to the U.S.-China trade war.

GE's Baker Hughes beats estimates on international demand, LNG drilling

31 Jul 2019

General Electric Co's oilfield services arm, Baker Hughes, beat quarterly profit estimates on Wednesday, driven by higher LNG drilling and demand for its oilfield services in international markets, sending its shares up nearly 6%.

Dow cuts 2019 spending forecast on U.S-China trade tensions

26 Jul 2019

Dow Inc forecast current-quarter revenue below analysts' expectations on Thursday and cut 2019 spending as chemical companies grapple with U.S.-China trade dispute and an oversupply of chemicals used to make plastics.

Halliburton profit exceeds analysts estimates as costs cut; shares rise

22 Jul 2019

Halliburton Co on Monday reported a second-quarter profit that beat analysts' estimates as its largest oil-well services unit exceeded expectations, sending shares to their biggest one-day gain in nearly three years.

Schlumberger names new CEO as North American business faces softer demand

19 Jul 2019

Oilfield firm Schlumberger NV on Friday named Chief Operating Officer Olivier Le Peuch as chief executive as the company looks to shore up its world-leading position in oil and gas technology services.

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