Oil service provider Nabors Industries Ltd. (NYSE: NBR) announced it has cut about 5,500 jobs, more than 18 percent of its workforce on its first quarter earnings call. 191 more words
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In a deal to acquire Nabors Industries Ltd. (NYSE: NBR), Houston-based C&J Energy Services (NYSE: CJES) projected it will become the third largest oil service provider after the pending merger is complete by the end of 2015. 167 more words
I found this article on New York Times talking about the future of shale production, which would include the Bakken.
By Paul Scicchitanto
Despite President Obama’s insistence that Republicans are to blame for the coming sequester, The Washington Post’s Bob Woodward maintains that the commander-in-chief need look no further than his own White House if he wants to blame someone. 330 more words