Halliburton Company

1-10 of 31 results

Booming oil means record 2Q sales for Halliburton

AP News 14 days ago

<div id="subtitle">Halliburton 2nd-qtr profit tumbles from year-ago boosted by KBR gain, but meets expectations</div><div><p>Halliburton's second-quarter profit fell about 67 percent from a year ago, when it recorded a nearly $1 billion gain from its split with former subsidiary KBR, but the oilfield ...

Names of Nigerians in KBR bribery probe sought

AFP Global Edition 14 days ago

<div><p>Nigeria's Attorney General has written to his US counterpart asking for the names of Nigerian officials who took bribes from a former unit of Halliburton, the Guardian newspaper reported Monday.</p><p>Nigeria's government was ready to prosecute those involved in the scheme, said Michael ...

Nigeria quizzes suspects in US bribery probe

AFP Global Edition 15 days ago

<div><p>Nigeria's anti-graft agency said Thursday it was questioning suspects in a multi-million dollar cash-for-contract scandal embroiling US giant Halliburton and three former heads of state.</p><p>Justice Minister Michael Aondoakaa has flown to Washington to seek US cooperation in getting the names of Nigerian ...

Nigeria sets up panel to probe US bribery scandal

AFP Global Edition 15 days ago

<div><p>Nigeria on Wednesday set up a panel to probe a multi-million dollar cash-for-contract scandal embroiling US giant Halliburton and reportedly implicating three former presidents, the justice minister said.</p><p>"Pursuant to the determination of the administration of President Umaru Yar'Adua to ensure zero tolerance ...

Oil industry profits expected lowest in years

AP News 15 days ago

<div id="subtitle">With crude prices down, oil and gas companies expected to post lowest profits in years</div><div><p>The nation's biggest oil companies certainly won't need a bailout from the federal government, but they won't have to defend staggering profits anytime soon either.</p> ...

Job cuts reach into oil sector

AP News 15 days ago

<div id="subtitle">Recession finally catches up to oil sector; Schlumberger, Halliburton announce job cuts</div><div><p>Job cuts that have afflicted almost every sector of the economy reached into the oil industry Thursday, as the biggest oilfield service providers said they were cutting employees.</p><p> ...

Halliburton 4Q falls 32 pct on DOJ settlement

AP News 15 days ago

<div id="subtitle">Halliburton fourth-quarter profit down 32 percent, announced potential settlement with DOJ</div><div><p>Oilfield services provider Halliburton Co. posted stronger-than-expected fourth-quarter earnings Monday but said lower energy prices will mean diminished spending on production and exploration this year.</p><p>The company also said ...

Halliburton 1Q profit tumbles, cuts jobs

AP News 15 days ago

<div id="subtitle">Halliburton 1Q profit falls 35 pct on sluggish oilfield activity, cut 2K N. American jobs</div><div><p>Halliburton Co. kicked off the oil sector's first-quarter earnings period on a dour-but-not-unexpected note Monday, reporting net income that tumbled 35 percent from a year ago and ...

Halliburton spinoff prepares to admit bribery

AP News 16 days ago

<div id="subtitle">Halliburton spinoff prepares to admit bribery in federal court</div><div><p>A spinoff of Halliburton Co. is on the verge of pleading guilty to federal bribery charges.</p><p>Court papers filed in Houston on Friday show Kellogg, Brown &amp; Root LLC is ...

Family of slain contractor sues Halliburton, KBR

AP News 16 days ago

<div id="subtitle">Family of contractor killed in Iraq by US troops sues Halliburton, KBR over death</div><div><p>A lawsuit against two military contractors claims the companies' mistakes led U.S. soldiers to believe an American truck driver working for the contractors might be an insurgent steering ...

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