Halliburton news stories on Newser

BP Faces $52B in Gulf Spill Fines

Mark Russell — Sun, 26 Feb 2012 05:45:39 CST

With the trials set to begin tomorrow for BP and the other companies involved in the 2010 Gulf of Mexico oil spill, BP alone could conceivably face up to $52 billion in fines and compensation, reports the AP . Under the Clean Water Act, which requires a minimum of $1,100...

BP: Halliburton Torched Evidence in Gulf Oil Spill

Kevin Spak — Tue, 06 Dec 2011 10:20:55 CST

Halliburton has both intentionally destroyed and conveniently lost evidence relating to the Deepwater Horizon disaster , according to court documents filed by BP. “Halliburton has steadfastly refused to provide these critical testing and modeling results in discovery,” BP’s court filing says, according to CNN . “BP has now learned the reason for...

Halliburton Earnings Shoot Up 54%

Mon, 18 Jul 2011 08:50:05 CDT

Halliburton says the expansion of oil and natural gas drilling in North America helped boost company earnings by nearly 54% in the second quarter. Revenue also hit a company record for the period. The Houston oil services giant reported earnings of $739 million, or 80 cents per share today, with...

Texas Woman Loses Rape Case Against KBR

John Johnson — Sat, 09 Jul 2011 09:47:10 CDT

A woman who brought a high-profile rape case against military contractor KBR has lost her suit. A jury in Houston yesterday rejected Jamie Leigh Jones' claims that she was drugged and raped by several KBR firefighters while working in Baghdad in 2005, reports the Houston Chronicle . One of the firefighters...

Worker Tells of Rape by US Contractor Crew in Iraq

Mary Papenfuss — Wed, 22 Jun 2011 04:58:31 CDT

A former employee of US contractor KBR recounted a horrifying ordeal in which she was drugged, gang-raped in Iraq by other workers, and then locked in a shipping container by two company guards so she couldn't go to authorities. Jamie Leigh Jones, now 26, testified in a Texas courtroom that...

Halliburton More Than Doubles Its Profits in Q1

Evann Gastaldo — Mon, 18 Apr 2011 08:07:26 CDT

Despite challenges arising from political unrest in the Arab world, Halliburton's net income has more than doubled during the first quarter of 2011. The oil-field services company credits the soaring earnings to an increase in unconventional North American oil and natural-gas drilling; the AP reports that North American revenue jumped...

Gulf Disaster 'Might Well Recur,' Commission Finds

Kevin Spak — Thu, 06 Jan 2011 08:51:14 CST

The management blunders that led to the Deepwater Horizon explosion aren’t particularly uncommon in the oil industry, a presidential commission investigating the spill has concluded, meaning there’s every chance it could happen again. The commission blamed all three companies involved in the well—BP, TransOcean, and Halliburton—saying that each...

Woman Sues Over Halliburton's 'Anti-Procreation Policy'

Mark Russell — Wed, 29 Dec 2010 07:49:19 CST

Does everybody's favorite energy contractor, Halliburton, hate procreation? A former Halliburton employee is suing the company for wrongful termination and sex discrimination because, in the words of her lawyer, "she apparently violated the company's policy against procreation." Halliburton said it fired the pregnant administrative associate as part of general lay-offs,...

Nigeria Charges Cheney in Bribery Case

Rob Quinn — Wed, 08 Dec 2010 01:22:06 CST

Nigeria has indicted former vice president Dick Cheney and several other executives in a bribery case dating back to Cheney's time in charge of Halliburton. Prosecutors from Nigeria's anti-corruption unit allege that Halliburton and other firms paid $180 million in bribes to win a $6 billion contract for a natural...