Wednesday, January 8, 2025
Schlumberger- oil and gas 360

Schlumberger posts $10.1 billion loss in 2019

Houston Chronicle Schlumberger, the largest oil-field service company in the world, lost $10.1 billion in 2019 as a result of hefty write-downs on two past acquisitions and weakening demand for hydraulic fracturing services in the United States and Canada. The company’s 2019 loss on $32.9 billion in revenue compares with a $2.2 billion profit on $32.8 billion in revenue in

Panhandle Oil and Gas Inc. announces appointment of Chad L. Stephens as Chief Executive Officer- oil and gas 360

Panhandle Oil and Gas Inc. announces appointment of Chad L. Stephens as Chief Executive Officer

Oil and Gas 360 OKLAHOMA CITY, Jan. 17, 2020 /PRNewswire/ — PANHANDLE OIL AND GAS INC. (NYSE: PHX) (the “Company” or “Panhandle”) announced that Chad L. Stephens was approved as Chief Executive Officer of Panhandle, effective Jan. 16, 2020. Mr. Stephens was previously Interim Chief Executive Officer and currently serves as a member of Panhandle’s board of directors. Mr. Stephens has nearly 40 years of