Wednesday, 9 October 2024

Focus on SLB

FILE PHOTO: The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015.  REUTERS/Lucas Jackson/File Photo
BusinessNewsOil

US energy companies’ shares rise as Middle East crisis sparks supply fears

U.S. energy shares rise as oil prices surge amid Middle East tensions and concerns over potential supply threats.

News Release

SLB and ADNOC Drilling Partner for Unconventional Oil and Gas Development

ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--SLB (NYSE: SLB) today announced an agreement to create Turnwell Industries LLC OPC (Turnwell), a joint venture (JV)...

News Release

SLB and NVIDIA collaborate to develop generative AI solutions for the energy sector

MONACO--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) is building on its long-standing collaboration with NVIDIA to develop generative AI solutions for the...

News Release

SLB launches AI-powered Lumi platform

MONACO--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today launched the Lumi™ data and AI platform, which integrates advanced artificial intelligence (AI) capabilities—including...

FILE PHOTO: The logo of energy services firm Baker Hughes is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
BusinessConstructionFinanceFuelIndustryInfrastructureNewsOilTrade

Baker Hughes sees lower North America activity; bets on foreign demand

Baker Hughes cut its North American spending outlook but raised full-year revenue estimates, betting on strong international growth and gas equipment demand.

Assistant Secretary of State for Energy Resources, U.S. Department of State, Geoffrey Pyatt poses for a portrait during CERAWeek by S&P Global in Houston, Texas, U.S. March 19, 2024.  REUTERS/Callaghan O'Hare/ File Photo
BusinessEconomyFinanceNewsOilPoliticsTrade

US State Dept says oil service firm SLB is not violating Russia sanctions

The U.S. and other western countries have sought to reduce Moscow's energy revenue through sanctions that prompted many service companies to leave Russia....

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