Schlumberger

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A drilling crew member raises a drill pipe on to the drilling rig floor on an oil rig in the Permian Basin near Wink, in Texas. Photograph: Nick Oxford/Reuters

Halliburton on Monday beat analysts’ estimates for second-quarter profit, as higher international demand for its oilfield services cushioned weakness (...)

Tony O’Reilly jnr, CEO of Providence Resources. The company’s  investors face an agonising wait until Monday to see if a Chinese backer of its plan to deliver Ireland’s first commercial oil field is still on board.  Photograph: Dara Mac Dónaill

Battle-weary investors in Tony O’Reilly jnr’s Providence Resources face an agonising wait until Monday to see if a Chinese backer of its plan to deliv(...)

US-China trade tensions were judged to have eased on Friday. Photograph: Reuters

European shares climbed to their highest level in six weeks as US-China trade tensions eased. DUBLIN Ryanair attracted a lot of attention after the (...)

Texas, the state synonymous with oil and gas, has become the leading supplier of wind energy in the United States.

Ignore the vapid efforts by the US administration to resurrect antiquated energy industries like coal. Economies of scale have provided wind and solar(...)

Traders on the floor of the New York Stock Exchange. Photograph: Justin Lane/EPA

Worries about US bond markets signalling an impending recession, and a still rumbling trade war between the world’s top two economies, saw European sh(...)

Oil prices fell to their lowest level in more than a year on Friday. Photograph: Getty

European shares closed the day higher in choppy trading on Friday but notched up their second straight week of losses as concerns about slowing global(...)

Traders work on the floor of the New York Stock Exchange. Photograph: Victor J Blue/Bloomberg

European stocks ended a choppy trading session broadly flat on Friday but managed to eke out a weekly gain despite mixed third-quarter earnings and as(...)

The UK’s top share index held its ground as investors assess  Theresa May’s ability to deliver a smooth exit from the EU.

Political bickering failed to impact most markets on Tuesday, although the Republic’s Iseq overall index dropped as its peers advanced. The UK’s top (...)

Providence  chief executive Tony O’Reilly jnr: noted  Exxon Mobil estimated that 1.5 billion barrels of oil, worth $114 billion could be recovered. Photograph: Cyril Byrne

Global interest is growing in an area off the southwest coast that one multinational estimates could hold more than $100 billion worth of oil, shareho(...)

Britain’s blue chip FTSE 100 index closed down 0.11 per cent . A number of big, earnings-driven falls weighed on the blue chips

European shares ended Friday in positive territory after a choppy session, posting a slim weekly gain as investors digested disappointing company resu(...)

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