Schlumberger posts loss

Oilfield services giant Schlumberger reported a quarterly loss for the first time in 12 years as costs and lower revenues associated with the prolonged oil and gas downturn made their mark.

Quarterly loss: Paal Kibsgaard of Schlumberger
Quarterly loss: Paal Kibsgaard of Schlumberger
Published 21 January 2016, 23:26Updated 21 January 2016, 23:27