Hints and tips:
...“Neon is the only piece of modernism that left Paris, skipped New York and went straight to LA,” says Weatherford....
...Franklin is one of the biggest holders of Weatherford’s debt, predominantly through its $76bn Income Fund, owning a combined $2.5bn of the company’s bonds....
...Among the disasters, the stock and bond prices of oilfield services firm Weatherford and shale-gas specialist Chesapeake have collapsed this year. Additional reporting by Joe Rennison and Miles Kruppa...
...In the US, the rig count — a proxy for drilling activity — is down by more than two-thirds versus last year, according to data from Baker Hughes....
...But it gave Chevron — along with Halliburton, Schlumberger, Baker Hughes and Weatherford International — a six-month waiver which it has repeatedly extended....
..., Halliburton, Schlumberger, Baker Hughes and Weatherford to continue to work in the country was hypocritical....
...“If nothing else, the current situation gives us time to plan properly,” Le Feuvre says....
...The Treasury said on Monday that Chevron — along with Halliburton, Schlumberger, Baker Hughes and Weatherford International — could continue to work in Venezuela until January 22, although they are banned...
...Despite a big rally in energy prices so far this year, a host of US energy companies are still struggling to recover from a sharp downturn at the end of last year, burdened by large debt piles or poor performing...
...The Treasury said on Friday that Chevron — along with Halliburton, Schlumberger, Baker Hughes and Weatherford International — could continue to work in Venezuela until October 25....
...Investors’ faith in the company took a blow at the end of last year, when it announced that a promising-looking joint venture with Schlumberger in hydraulic fracturing in the US had been abandoned....
...reported early sales were mostly to European buyers and included a 2017 installation by Song Dong ($120,000) from Pace’s booth of Chinese contemporary artists, three Flashe paint and neon works by Mary Weatherford...
...I have also read Genghis Khan and the Making of the Modern World by Jack Weatherford....
...They involve oil services groups Schlumberger, Halliburton and Weatherford International, drilling contractors Nabors Industries and Rowan Companies, and engineering and construction companies KBR, Jacobs...
...Mr Yakovlev said the company was looking to the Big Four oil services companies Baker Hughes, Halliburton, Schlumberger and Weatherford International to deploy their technologies at many of its sites....
...Weatherford International, the fourth-largest, has eliminated 28,000 jobs since 2014, including 8,000 lost under a plan it announced earlier in the year....
...In five days in September I visited nine US cities, including New York, Boston, Miami — meeting clients and advising on how to invest in emerging market real estate....
...Debt sold by oil exploration group Murphy Oil, offshore drilling servicer Rowan Companies and oil and gas servicer Weatherford International have all weakened over the past two weeks, data from electronic...
...For example, the bonds of Weatherford International exchange hands at a bit over 70 cents on the dollar, and its market cap is about $5.2bn....
...Roughly 40 per cent of global defaults this year have stemmed from the US oil and gas industry, Standard & Poor’s estimates....
...Oslo-listed Subsea 7 has the largest exposure to Petrobras; US-listed generalists, such as Halliburton and Weatherford, have relatively little exposure to Brazil....
...US stocks followed European markets lower amid concerns about global growth....
...high technological and financial barriers to entry into the oilfield services sector that there were only four globally active companies: Schlumberger, Halliburton, Baker Hughes and, to a lesser extent, Weatherford...
...Bernard Duroc-Danner, chief executive of Weatherford International, an oil services group, likened the scale of cost-cutting throughout the industry to the slump of the late 1990s....
...Bernard Duroc-Danner, chief executive of oil services group Weatherford International, last week likened the scale of cost-cutting in the industry to the late 1990s slump....
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