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The world's three largest oilfield service companies Halliburton, Schlumberger, and Baker Hughes — are suspending operations in Russia

The three oil giants announced in news releases that they were "immediately" suspending operations …

Sam Tabahriti   


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Schlumberger revokes IIT job offers, lowers salaries after the massive crude oil price crash

The oilfield services multinational said that it is adjusting to the ‘sudden reduction in consum…

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Inside BP's plan to dominate the global solar industry and rival the world's largest operators

Welcome to Insider Energy, Business Insider's weekly energy newsletter. Sign up to get it in your i…

Benji Jones   


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Benji Jones,Ruqayyah Moynihan   


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Here are 8 companies that cut or suspended their dividends this month in coronavirus fallout

Barber and owner of Chris Edwards wears a mask and cuts the hair of customer David Boswell at Peach…

Matthew Fox   


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Power Line: $2 billion for clean energy — Schlumberger job offers disappear — 22 top energy stocks

Power Line is Business Insider's weekly energy newsletter. Sign up to get it in your inbox every Fr…

Benji Jones   


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SCHLUMBERGER: The oil industry will continue to deteriorate

During the first quarter of 2016, the decline in global activity and the rate of activity disruptio…

Akin Oyedele   


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SCHLUMBERGER: The oil recovery 'appears to be delayed'

He also said, "As we enter the last quarter of the year, the oil market is still weighed down by fe…

Akin Oyedele   


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SCHLUMBERGER: The oil market has 'reached the bottom of the cycle'

To weather the downturn, Schlumberger has lowered prices for its clients and allocated capital most…

Akin Oyedele   


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Oil services giant Schlumberger is buying $10 billion of itself

"The decrease in land activity was the sharpest seen since 1986, as capex spending by North America…

Akin Oyedele   


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Oil giant Schlumberger warns that job cuts aren't over

In a regulatory filing on Tuesday afternoon, the oilfield services giant said it expects to take a …

Akin Oyedele   


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Oilfield Services Company Schlumberger Is Cutting 9,000 Jobs

In addition to announcing job cuts, Schlumberger reported earnings per share of $1.50, excluding sp…

Myles Udland   


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Barron's Talked Up Schlumberger This Weekend And Now Shares Are Rallying

"Overall, the company is targeting a return of capital of 20% by 2017, up from the current 16%. Cap…

Myles Udland   


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Oilfield services giant Schlumberger announces another round of massive job cuts

In a statement, CEO Paal Kibsgaard said: "In spite of the detailed preparations we made in the four…

Akin Oyedele   


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Oil giant Schlumberger pleaded guilty to violating US sanctions in Iran and Sudan

According to court documents, a Schlumberger business unit disguised and approved capital expenditu…

Akin Oyedele   


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The successor of the KGB is reportedly stalling a huge deal involving US oil giant Schlumberger

"The transaction needs approval from a 21-member commission on foreign investment, which reviews ma…

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US Oil Giant Schlumberger Just Struck A $1.7 Billion Deal In Russia

With this deal, Schlumberger faces several uncertainties: there's a possibility that Western-Russia…

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Texas-based oil giant accused of failing to help its Russian workers avoid being conscripted by Putin, report says

Schlumberger is cooperating with Russian authorities by passing draft orders on to employees and wo…

Ryan Hogg   


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US stocks trade mixed as Dow caps off its longest winning streak since 2017

Investors navigated choppy trading Friday as more earnings rolled in and investors readied for next…

Phil Rosen   


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6 mins read

The state of Wall Street's drug culture

In today's big story, we're looking at whether Wall Street has a drug problem.

Dan DeFrancesco