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A safety culture dedicated to getting workers home every night

Oil and gas workers know they work in one of the deadliest industries in the world. “The oil and gas field is risky. There’s a lot of hazards associated with that industry. You’ve got moving equipment, you’ve got gases, you’ve got different chemicals,” says Randon Williamson, the Environmental Health Safety Director at Windcreek offers turnkey solutions for the energy, municipal ...

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Halliburton posts 4Q loss, drop in revenue amid oil slump

HOUSTON— Hurt by falling oil prices, Halliburton reported a loss for its fourth quarter and said its revenue dropped 42 percent from a year ago. Houston-based Halliburton provides drilling services to oil and gas operators, which have been cutting their spending due to falling oil prices and demand. The company reported a loss of $28 million, or 3 cents per ...

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Houston’s FMC Technologies signs $180 million deal

Houston's FMC Technologies signs $180 million deal

Houston-based FMC Technologies signed an agreement with Woodside for the design, manufacture and supply of subsea production systems for the Greater Western Flank Phase 2 Project as part of the North West Shelf Project in Western Australia. The $180 million contract includes subsea production trees, wellheads, manifolds, subsea and topside controls and flowline connection systems. According to a press release, ...

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US stocks retreat from as energy and materials prices slip

NEW YORK — U.S. stocks are slipping Monday morning as energy prices retreat from a rally late last week. Mining and materials stocks are slumping, and paper and packing companies alse lost ground. McDonald’s rose after reporting a big jump in sales. KEEPING SCORE: The Dow Jones industrial average declined 68 points, or 0.4 percent, to 16,025. The Standard & ...

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US stocks retreat from as energy and materials prices slip

oil rig by Pixabay

NEW YORK — U.S. stocks are slipping Monday morning as energy prices retreat from a rally late last week. Mining and materials stocks are slumping, and paper and packing companies alse lost ground. McDonald’s rose after reporting a big jump in sales. KEEPING SCORE: The Dow Jones industrial average declined 68 points, or 0.4 percent, to 16,025. The Standard & ...

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A month after raising rates, Fed faces darker global economy

WASHINGTON — Since the Federal Reserve raised interest rates from record lows last month, the global picture has darkened. Stock markets have plunged. Oil prices have skidded. China’s leaders have struggled to steer the world’s second-biggest economy. All of which raised a delicate question: Did the Fed err in raising rates for the first time in nearly a decade? Don’t ...

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Exxon says oil and gas will still dominate energy in 2040

DALLAS — The way oil giant Exxon Mobil sees it, the global energy landscape won’t be radically different in 2040 than it is today. Oil and gas will remain king, accounting for an even slightly larger share of the energy supply. Coal will fall behind natural gas to become the third-largest source of energy. Exxon forecasts that emerging renewables such ...

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Schlumberger reports big 4Q loss, says cut 10,000 more jobs

Schlumberger reports big 4Q loss, says cut 10,000 more jobs

HOUSTON — Schlumberger said Thursday that it lost more than $1 billion and slashed another 10,000 jobs in the fourth quarter as tumbling energy prices took their toll on the world’s largest oilfield services company. Like others in the industry, Schlumberger NV has been hard hit by the downturn in the energy sector and it warned that it doesn’t expect ...

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Southwestern Energy to shed 1,100 jobs

Southwestern Energy to shed 1,100 jobs

Southwestern Energy Co. announced layoffs Thursday as drilling activity stalls. The Houston-based company will reduce its workforce by more than 40 percent, according to filings with the Securities and Exchange Commission. The oil and natural gas driller expects to shed 1,100 jobs as it copes with falling natural gas prices. About 300 of those laid off are part of Southwestern’s ...

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Sourcewater selected as Top Ten Water Data Challenge Finalist by Imagine H2O

water droplets, sourcewater

Sourcewater was selected as one of ten international finalists out of 90 entrants worldwide for the Imagine H20 Water Data Challenge, the most established and prestigious water tech startup competition. Sourcewater will join Imagine H20’s portfolio of over 60 water technology companies, which collectively represent over 10% of all early-stage investment in the water sector. Other benefits include $50,000 in ...

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