Rising Electricity Demand Will Keep Fossil Fuels Around

Rising Electricity Demand Will Keep Fossil Fuels Around

OilPrice.com

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1. Oilfield Services Majors Enjoy International Boom- The world’s largest oil services majors, SLB and Halliburton, have boosted their quarterly dividend as their Q4 performance beat expectations thanks to an improving international drilling portfolio. - Halliburton generated $1.1 billion in free cash flow this past quarter, its best quarter in more than two decades, prompting it to lift its quarterly dividend to $0.17 per share, whilst SLB hiked its dividend to $0.275 per share. - Both oil services giants have signaled a slowdown in US shale…

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