America’s first successful wildcatter had a lot in common with fiction’s most famous whaler. Edwin Drake was as obsessively single-minded in his hunt for oil as Ahab had been in his quest for the white whale: He was called Crazy Drake, … 394 more words
Tags » Oil Industry
After a prolonged research, Zacks news recently reported on 11 August 2015, that Halliburton is dominant player in the field of oil industry.
According to Zacks ranking, Halliburton Company (NYSE:HAL) holds up the 3rd ranking including all the positive, negative, favorable and unfavorable impressions, which suggest that the stock will achieve shoulder-to-shoulder edge with the United States market in the coming 2 to 3 months. 374 more words
12,000 posts axed as companies prepare for ‘multiple workforce scenarios’
The already beleaguered oil and gas sector suffered a double blow yesterday, with two rounds of job cut announcements that saw more than 12,000 staff face an uncertain future. 390 more words
The world’s oil supply continues to far outpace demand. While refineries are increasing their output of processed petroleum products, increased production has done little to curb the vast supplies of crude still in storage. 259 more words