ReutersOil market investment needed soon to balance market: Schlumberger CEOReutersDUBAI Investment in exploration and production will have to start increasing soon to help balance the global oil market, Schlumberger CEO Paal Kibsgaard told a conference in …

ReutersOil market investment needed soon to balance market - ReutersReutersInvestment in exploration and production will have to start increasing soon to help balance the global oil market, Schlumberger CEO Paal Kibsgaard told a ...and more &raqu …

ReutersOil market investment needed soon to balance market - Schlumberger CEOReutersDUBAI Investment in exploration and production will have to start increasing soon to help balance the global oil market, Schlumberger CEO Paal Kibsgaard told a conference i …

Oil price fall is main reason for tough times in Nigeria — FT.comFinancial TimesThe fall in oil prices hit the Nigerian economy hard. In the boom years, there was a drive to create a “pseudo-middle class”, says Keith Richards, chairman of ...and more& …

Business InsiderDwight Anderson of Ospraie Management on oil price - Business ...Business InsiderIt should come as no surprise that the rise of electric vehicles has broad implications for the price of oil. Now, you'd think that as more cars are powere …

OilPrice.comDownward Trend For Bakken Oil Production Set To ContinueOilPrice.comOperators are now even more committed to running fewer rigs as oil prices remain at very low levels. The number of well completions remained steady from 77(final) in November t …

CNNMoneyOil driller cut 25000 jobs, paid CEO $18 millionCNNMoneyThe company cut 25,000 jobs during the year, or 20% of its workforce. Revenue was down 27%, and profit plunged 41%. Schlumberger (SLB) shares tumbled 18%. The weak results and layoffs are the …

BloombergOil Bulls Maintain Momentum as Rig Cutbacks Seen Reducing GlutBloombergHedge funds increased bullish oil wagers on speculation that falling investment will diminish the global supply glut. Money managers boosted their net-long position in West Tex …

BurlingtonFreePress.comIn New England, low heating oil prices buy some timeBurlingtonFreePress.comPORTLAND, Maine – New England is getting another break on heating oil prices this winter, with potential savings of hundreds of dollars per customer, providin …

Wall Street JournalSchlumberger Earnings Fall, Hurt by Oil PricesWall Street JournalMr. Kibsgaard said the oil-field services outlook for the coming quarters looks increasingly challenging, with activity expected to be reduced further, as lack of available …