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    News and Articles on Schlumberger Ltd. (SLB)


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    Pemex Plans to Boost Drilling at Chicontepec Amid Declines, Kessel Says  Nov 6, 2009
    8 billion of contracts for Chicontepec to international oil services companies including Weatherford International Ltd. and Schlumberger Ltd. Pemex is planning to spend a record $19. 5 billion this year on production and exploration. (Bloomberg -- Latin America)

    Asian Stocks Rise on Toyota Industries Profit, South Korea Economic Growth  Oct 26, 2009
    2 percent in New York on Oct. 23 as lower oil prices drove down Exxon Mobil Corp. and Schlumberger Ltd. Capmark Financial Group Inc., the lender owned by companies including Goldman Sachs Group Inc. and KKR & Co., filed for bankruptcy protection yesterday in the U.S.. Toyota Industries, 24 percent owned by , jumped 7. (Bloomberg -- Asia)

    US shares fall on weak industrials  Oct 24, 2009
    US stocks fall on weak industrials. October 24, 2009 - 9:32AM. (Sydney Morning Herald -- Business)

    Wall Street Slides on Railroad, Oil Woes  Oct 24, 2009
    Oilfield services company Schlumberger Ltd. fell $3. 88, or 5. (CBS News)

    Halliburton profits slump but signs of recovery  Oct 18, 2009
    Service companies like Halliburton Co. and Schlumberger Ltd. have been squeezed by major oil and gas producers, who demanded lower fees as energy prices collapsed starting in July 2008. Those conditions remain but for the first time this year, Halliburton says its revenue rose from the previous quarter as operations picked up in the U.S. and Canada. (Yahoo News -- Press Releases)

    BP taps vast pool of crude in deepest oil well  Sep 3, 2009
    The combined company will provide customers with a one-stop shop for a variety of oilfield services, and allows Baker Hughes to diversify its product offering and to compete better with rivals Schlumberger Ltd. and Halliburton Co.. This deal could be the first of many acquisitions in the industry, said Chris Sheehan, director of March at IHS Herold Inc. Sheehan said small- to mid-size companies that specialize in international deepwater drilling and production oil services are particularly well... (Fresno Bee -- Business)

    * Baker Hughes to acquire rival BJ Services  Sep 2, 2009
    Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- Business)

    Baker Hughes to Buy BJ Services for $4.8 Billion  Sep 1, 2009
    Baker Hughes to Buy BJ Services for $4. 8 Billion - ABC News. (ABC News -- Wire)

    Baker Hughes Buys BJ Services for $5.5 Billion, Adds to Oilfield Business  Sep 1, 2009
    Schlumberger Ltd., based in Paris and Houston, and Halliburton Co., also based in Houston, are the largest oilfield-service providers. To contact the reporters on this story: in Houston at ; in London at. (Bloomberg -- Canada)

    Robotic fishdesigned for underwater snooping  Aug 27, 2009
    The work was funded by the Singapore-MIT Alliance and Schlumberger Ltd.. 2009 LiveScience. (MSNBC -- Environment)

    Out of focus: Heebner fights tide with new hedge fund  Aug 26, 2009
    While Heebner is long on oil-service industry stocks such as Weatherford International Ltd. (NYSE: WFT) and Schlumberger Ltd. (NYSE: SLB), he bet against a rebound among some bank stocks. In fact, Focus at midyear said it had about 14 percent of its assets invested in stocks sold short. (Boston Business Journal, MA)

    Still a Bull Market Skeptic  Jul 30, 2009
    Making Money Alert Current Issue. Part of my duties each day is to keep up on all the financial news chatter. (Human Events Online)

    Oil Rises Above $68 on Economic Optimism  Jul 25, 2009
    NEW YORK (Reuters) - Oil rose to top $68 a barrel on Friday on optimism a turnaround in the global economy would lift battered fuel demand. U.S. crude settled up 89 cents at $68. (ABC News -- Wire)

    Earnings at world's largest oil service company tumbles 57%  Jul 25, 2009
    HOUSTON: Schlumberger Ltd. exemplified the ongoing troubles for oil and gas industry, reporting Friday its second-quarter earnings tumbled 57 percent and offering an uncertain outlook for the rest of 2009 and beyond. Even though results for the world's largest oilfield services company topped Wall Street expectations, Schlumberger shares fell more than 3 percent. (The Star Online, Malaysia)

    Samsung 2Q profit rises; Hynix trims loss  Jul 24, 2009
    HOUSTON - Schlumberger Ltd. releases second quarter financial results. A look at economic developments around the globe. (Fresno Bee -- Business)

    Halliburton 2Q earnings plummet  Jul 21, 2009
    Industry bellwether Schlumberger Ltd. is scheduled to report second-quarter results Friday. Most of the world's oil giants are set to report earnings next week. (The Star Online, Malaysia -- Business)

    Business Briefing  Jul 20, 2009
    -- Second-quarter financial results expected from Arch Coal and Schlumberger Ltd.. Send news of upcoming Bay Area business events to. (San Francisco Chronicle -- Business)

    Big Oilfield Services Companies Cut More Jobs  Jun 20, 2009
    Schlumberger Ltd., the world's largest oilfield services outfit, said Friday it eliminated another 100 jobs this week in North America. Smaller rivals Halliburton Co. and Baker Hughes Inc. also said they had reduced positions, but neither provided specific numbers. (ABC News -- Wire)

    Latest Data Signal Economy Bumping Along The Bottom  May 29, 2009
    eIBD Investor's Business Daily Digital Edition. Access recent eIBD issues easily. (Investors Business Daily)

    Stocks erase big early gains, end trading down  May 21, 2009
    38, while Schlumberger Ltd. rose $1. 03 to $55. (MSNBC -- Business)

    Stocks slide  May 21, 2009
    83, while Schlumberger Ltd. rose $1. 91, or 3. (AZCentral -- Business)

    Business briefs: Granite Park restaurant reopens after renovations  Apr 28, 2009
    Schlumberger Ltd. said Friday that its first-quarter earnings tumbled about 30% as oil and natural gas companies cut back on exploration and drilling, and it also forecast sluggish oil-patch activity for at least the rest of this year. Profits, however, exceeded Wall Street expectations and Schlumberger shares jumped nearly 7. (Fresno Bee -- Business)

    > Past winners  Apr 11, 2009
    Schlumberger Ltd. Headquarters. BJ Services Corporate Headquarters. (Houston Business Journal, TX)

    Mexico becomes viable option for energy needs  Mar 27, 2009
    3 billion on several thousand wells in Chicontepec in 2009, and recently inked a $687 million deal with Schlumberger Ltd. to drill 500 wells in the region starting in April and running through 2012, a clear sign that Mexico wants to maximize its resources. According to Pritchard Capital Partners LLC, a New Orleans-based energy research firm with offices in Houston, Weatherford International Ltd. is the frontrunner for another 500-well contract expected to be announced in the next few weeks. (Houston Business Journal, TX)

    Stanford returns spotlight to Anna Nicole Smith's Texas town  Mar 8, 2009
    Oil and natural gas still are drilled, at a slower clip, by oilfield- service companies including Schlumberger Ltd. and producers including Devon Energy Corp. and XTO Energy Inc.. Some townspeople bristle at national news reports describing Mexia as dusty and crumbling, although it does have some buildings and roads in disrepair. (The Palm Beach Post)

    Banker puts spotlight on small Texas town  Mar 2, 2009
    Oil and natural gas still are drilled, at a slower clip, by oil field-service companies including Schlumberger Ltd. and producers including Devon Energy Corp. and XTO Energy Inc.. the employers. (Honolulu Advertiser)

    Schlumberger CEOs Compensation Drops  Feb 10, 2009
    Schlumberger CEOs Compensation Drops. Schlumberger CEOs Compensation Drops. (KWTX.com, TX)



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