History of the Oil and Gas / Petroleum Industry

Wednesday, October 7th, 2009

In 1911, the power of Standard Oil was such that the American congress voted the famous antitrust law aimed at breaking it up into three “bits”: Standard Oil of New ...


Oil News from around the web, Crude oil for September 2009 delivery traded at $66.61 a barrel on the New York Mercantile Exchange ;London Brent traded at $69.88 a barrel on London’s ICE Futures Europe exchange ; BG Group is pulling some funding out of Nigeria

Friday, July 31st, 2009

Oil major Royal Dutch Shell posted a 70% fall in second quarter net profit, as oil prices and refining margins tumbled, but gains in foreign exchange has helped the company ...


Oil News from around the web,Marketwatch

Saturday, July 18th, 2009

Goldman Sachs on Friday said second-quarter results for European integrated oil will be the trough of the cycle, and recommended investors buy Shell /quotes/comstock/23s!e:rdsa (UK:RDSA 1,536, +13.00, +0.85%) , Statoil ...


Oil Industry Braces for Drop, Process Excellence and Six Sigma May Be Savior

Thursday, April 16th, 2009

BAINBRIDGE ISLAND, WA – (April 14, 2009) – As reported on the front page of The Wall Street Journal on Monday, a growing number of energy industry visionaries believe that ...


Halliburton Awarded $100 Million Contract

Thursday, March 26th, 2009

Extension to Provide Multiple Services for Salym Petroleum in Russia HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE: HAL) has been awarded a major contract extension by Salym Petroleum Development N.V. (SPD) for exploration and production ...


Halliburton 2008 Third Quarter Conference Call

Wednesday, July 23rd, 2008

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE:HAL) will host a conference call on Monday, October 20, 2008, to discuss third quarter financial results. The call will begin at 8:00 AM Central Time (9:00 AM ...


HALLIBURTON SETTLES PATENT LITIGATION

Wednesday, June 25th, 2008

Halliburton (NYSE: HAL) confirmed today that it has settled all ongoing patent disputes involving each other's products with ReedHycalog UK, Ltd., Grant Prideco, Inc., ReedHycalog, L.P., and National OilWell Varco. ...


Halliburton to Present at the 2008 UBS Global Oil and Gas Conference

Tuesday, May 13th, 2008

HOUSTON--(BUSINESS WIRE)--Halliburton (NYSE:HAL) announced today that it will present at the 2008 UBS Global Oil and Gas Conference on Tuesday, May 20, 2008, at 7:30 a.m. Central Time (8:30 a.m. ...


StatoilHydro Awards Halliburton and WellDynamics Norge A.S. Nearly $900 Million in Contracts for Services on Norwegian Continental Shelf

Friday, April 4th, 2008

HOUSTON & TANANGER, Norway--(BUSINESS WIRE)--StatoilHydro has awarded Halliburton (NYSE:HAL) and WellDynamics nearly $900 million in contracts to provide completion equipment and services, tubing conveyed perforating services and SmartWell® completion technology ...


Fox Petroleum Enlists Halliburton to Stimulate Spears Gas Unit, Texas

Wednesday, March 19th, 2008

LONDON--(BUSINESS WIRE)--Fox Petroleum Inc. (OTCBB: FXPE) (hereafter “Fox”) is pleased to announce that Halliburton service crews have arrived on site at the Spears Gas Unit 2, Well #1 in Pecos ...