Friday, June 26, 2026

Service Giants May Offer Signs of Recovery During Earnings

From Bloomberg It’s been a tough few years for Schlumberger Ltd. and Halliburton Co., but the oilfield services giants may finally be on an upward curve, thanks to a recovery in international drilling activity and signs of something similar happening in the U.S. The number of fracking crews working in U.S. shale basins hit a new record earlier this month, and is up

Kenney Plans Oil Fight as Conservatives Regain Power in Alberta

From Bloomberg Alberta returned to its conservative roots, electing United Conservative Party Leader Jason Kenney premier after he vowed to fight harder for the Canadian province’s beleaguered energy industry. Kenney defeated center-left incumbent Rachel Notley, 55, whose New Democratic Party snapped four decades of conservative rule in 2015. Kenney’s election may herald big changes for Alberta’s energy industry, which produces