Oil field service company fundamentals are beginning to win out, and the Philadelphia Oil Service Index (OSX) outperformed virtually all the major indices, commodity prices, and ...

Halliburton, one of the largest oil field service companies in the world, was targeted in a cyberattack Wednesday, according to Reuters. Reuters reported that the attack impacted Halliburton’s ...

Oil-and-gas companies aren’t anywhere close to drilling as much as they did in 2014, but some oil-field service companies are squeezing out profit as if they were.

A First Reserve Corp. portfolio company that provides production and processing equipment for oil-and-gas drillers has filed for bankruptcy and intends to liquidate after a potential rescue offer ...

HOLYOKE, Mass., July 1, 2022 /PRNewswire/ -- NextMart, Inc. (the "Company" or "NXMR" - Pink Sheets Alternative Reporting Pink: NXMR) – NXMR would like to announce it completed the acquisition of ...

McDermott International CEO David Dickson. A month after its stock plummeted in value by 75 percent, the Houston oil field service company has landed $1.7 billion in new financing.Bloomberg ...

Oil prices fell about 24% Monday in the wake of the breakdown of an agreement between Saudi Arabia and Russia on deeper cuts in oil production to stabilize prices.

Rising rig counts also mean rising service company prices. A slow but steady recovery is in the works in the Eagle Ford. In turn, the costs of hydraulic fracturing and other services are beginning ...

One company prepares for a second major round of layoffs. Another sells out to a large competitor based outside the state. And so continues the struggle for survival in Kern County oil fields.

The Company acquired all of the control equity of Two Brothers Services pursuant to a share exchange agreement dated June 16, 2022, for 30,000,000 shares of Common Stock of the Company.