January 20, 2020 archive

Flat revenue year reported by Schlumberger

Even with nearly $33 billion in revenue, Schlumberger says it was a “flat year” with only 7% international revenue growth. The European company, with operations throughout Oklahoma and the U.S. reported fourth quarter revenue of $8.2 billion, a decline of 4% from a year ago. Full-year cash flow from operations was $5.4 billion while free …

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Congressman says consumers are forgotten in Democrat climate bill

Oklahoma Congressman Markwayne Mullin contends a Democrat supported measure to mandate a phase out of hydroflurocarbons is being considered without the consumer in mind. He sits on the House Energy and Commerce Environment and Climate Change Subcommittee that held a hearing last week on the legislation. Hydroflurocarbons are refrigerants used in air conditioners and refrigerators. …

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