The worst of the oil bust may be over, but the energy industry’s infighting has just begun. Oil-field services companies such as Halliburton and Schlumberger are trying to convince producers that they need to be paid more if the industry is to fully recover.
Investigators believe operational issues linked to fueling procedures, rather than a manufacturing flaw, likely caused a Space Exploration Technologies rocket to explode during ground tests last month.
AT&T is in advanced talks to acquire Time Warner Inc., a deal that would create a new hallmark in the rapidly converging realms of media, communications and the internet. An agreement could come as early as this weekend.