Rampant product commoditization throughout the oilfield-services industry will prevent ChampionX from developing and maintaining a competitive advantage. ChampionX holds a strong position in the ...

Fourth quarter revenue of $1,341 million decreased 5% sequentially and 2% year-over-year; full year revenue of $5,513 million increased 7% from ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

The Senate has confirmed fossil fuel executive Chris Wright to serve as energy secretary, a key post to promote President ...

Despite cash flows continuing to move higher, Halliburton's free cash flow also sits well below its GAAP profits. Read my HAL stock thesis.

In the realm of industrial machinery winches play a pivotal role in a variety of sectors including construction mining and marine operations Among the prominent players in the industrial winch market ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

(Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its ...

Leidos outlines an intriguing plan to acquire oil rigs and convert them to everything from maintenance to medical hubs. Find out how it would work.