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NOV Profit Beats Estimates As Cost Cuts Pay Off

2020-02-07 21:00:00| OGI

National Oilwell Varco beat estimates for its fourth-quarter profit, as the oilfield services provider cut costs to counter an ongoing decline in North American drilling activity.

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BT reports lower Q3 revenue, estimates network vendor cap costs at GBP 500 mln

2020-01-30 10:56:00| Telecompaper Headlines

(Telecompaper) BT has announced reported revenue of GBP 17.25 billion and adjusted revenue of GBP 17.19 billion for the nine months to 31 December 2019, both down 2 percent on the effects of regulation, competition and legacy product declines. The company also warned that the recent government decision on the use of certain network vendors would cost the company around GBP 500 million over five years. 

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Exxon Mobil Grows Guyana Oil Find Estimates To More Than 8 Bboe

2020-01-27 14:48:56| OGI

The company said Jan. 27 that the Uaru exploration well made the 16th discovery on the block, hitting about 29 m (94 ft) of high-quality oil-bearing sandstone reservoir.

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Schlumberger Tops Estimates On Higher International Drilling Activity

2020-01-17 14:20:00| OGI

Schlumberger has been cutting costs, restructuring operations and reducing capacity to minimize the hit on margins from lower activity in North America.

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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

2020-01-08 10:55:40| Green Car Congress

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