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2 mins read

The world's three largest oilfield service companies Halliburton, Schlumberger, and Baker Hughes — are suspending operations in Russia

The three oil giants announced in news releases that they were "immediately" suspending operations …

Sam Tabahriti   


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7 mins read

America's largest trucking companies won't reveal how - or if - they'll get their drivers home if they get coronavirus, and truckers are terrified

And get the latest coronavirus analysis and research from Business Insider Intelligence on how COVI…

Rachel Premack   


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2 mins read

Layoffs, furloughs, and spending cuts: We're tracking how oil giants from Exxon to Halliburton are responding to the historic price shock

Since the start of the year, the price of Brent crude has fallen by about 60%, from more than $60 …

Benji Jones,Benji Jones   


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4 mins read

Dominic-Madori Davis   


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1 min read

Halliburton's mega-merger with Baker Hughes is officially over

"While both companies expected the proposed merger to result in compelling benefits to shareholders…

Reuters and Akin Oyedele   


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Halliburton misses on revenues, reports quarterly loss

President Jeff Miller said in the statement, "This is a challenging market, but our strategy remain…

Akin Oyedele   


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1 min read

Halliburton is still getting slammed by the oil crash

In the earnings statement, Halliburton president Jeff Miller said, "total company revenue of $5.9 b…

Akin Oyedele   


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3 mins read

HALLIBURTON CEO: The oil industry's 'day of reckoning' is near

"So if you go a year without drilling a well, and your production starts to turnover, you are going…

Bob Bryan   


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Halliburton reports an 'unprecedented decline in drilling activity'

"North America experienced an unprecedented decline in drilling activity during the first quarter, …

Akin Oyedele   


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HALLIBURTON: We think the North American oil market has turned

The company's count of oil rigs fell 15% year-on-year, smaller than the average US count's decline …

Akin Oyedele   


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1 min read

REPORT: Halliburton Moves To Overthrow Rival's Board

"Baker Hughes is disappointed that Halliburton has chosen to seek to replace the entire Baker Hughe…

Matt Johnston   


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1 min read

The Department of Justice is suing to block Halliburton from buying Baker Hughes

"The proposed deal between Halliburton and Baker Hughes would eliminate vital competition, skew ene…

Akin Oyedele   


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1 min read

REPORT: Halliburton is cutting up to 6,500 jobs

Halliburton is slashing 8% of its workforce, the latest in a wave of job cuts that is sweeping thro…

Akin Oyedele   


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3 mins read

Halliburton lays out why its massive merger with Baker Hughes was doomed

In addition to regulatory manners, the unprecedented deterioration of the oil and gas industry deci…

Akin Oyedele   


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14 mins read

Halliburton Is Buying Baker Hughes For $34.6 Billion

The statements in this press release that are not historical statements, including statements regar…

Michael B Kelley   


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2 mins read

Halliburton reports a quarterly loss and continues to expect pain in the oil industry

"2016 is expected to be another challenging year for the industry," said Dave Lesar, the company's …

Akin Oyedele   


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1 min read

REPORT: Halliburton Is Looking Into Buying Baker Hughes, Shares Spike

"Halliburton Co. is in talks to buy Baker Hughes Inc., according to people familiar with the matter…

Sam Ro   


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1 min read

Halliburton Largely Off The Hook For Deepwater Horizon Spill Responsibility

Barbier apportioned 67 percent of the fault to BP, 30 percent to Transocean Ltd, which owned the dr…

Matthew DeBord and Reuters   


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3 mins read

Halliburton Pleads Guilty To Destroying Evidence In Connection With Deepwater Horizon Tragedy

Halliburton Energy Services Inc. has agreed to plead guilty to destroying evidence in connection wi…

Paul Szoldra   


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1 min read

That Big Oil Merger Between Baker Hughes And Halliburton Might Not Happen After All

News of the talks, first reported by The Wall Street Journal on Thursday afternoon, sent Baker Hugh…

Myles Udland