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May 19, 2016
After one merger called off in energy sector, another arises
FMC Technologies will attempt to merge with Technip in an all-stock deal worth about $13 billion to create a larger player ...
May 13, 2016
US officials: Venezuelan president's hold on power weakening
U.S. intelligence analysts are increasingly convinced that Venezuelan President Nicolas Maduro is likely to be pushed aside ...
May 02, 2016
Halliburton, Baker Hughes eye future after merger scuttled
Halliburton and Baker Hughes, whose planned merger is the latest big deal to be shot down by antitrust regulators, now must ...
May 01, 2016
Companies crucial to energy exploration abandon $34B merger
Two companies crucial to the business of U.S. energy exploration have abandoned their planned $34 billion merger, the Justice ...
April 22, 2016
Halliburton cuts 6,000 jobs amid slowdown in drilling
Halliburton Co. said Friday that it cut more than 6,000 jobs in the first quarter, continuing a purge at the ...
April 17, 2016
A bust hits the Oil Patch as rest of nation enjoys cheap gas
It might sound strange, but the penny-pinching folks in Louisiana's Oil Patch can't wait for the price of gasoline to go back ...
April 06, 2016
Asian stocks mixed after Wall Street, oil gains
Asian stock markets were mixed Thursday after Wall Street rebounded from a losing streak and oil prices surged.
April 06, 2016
Federal suit to stop deal between 2 oilfield services firms
The Justice Department is suing to stop Halliburton from buying oilfield-services rival Baker Hughes, the latest effort by ...
April 05, 2016
AP source: US to try to block Halliburton from buying rival
The U.S. Justice Department is expected to sue this week to stop Halliburton Co. from acquiring rival Baker Hughes Inc.
February 25, 2016
Halliburton to cut another 5,000 jobs amid oil slump
Halliburton Co., which provides well-drilling services for oil companies, is cutting 5,000 more jobs as the industry ...
February 16, 2016
Jury picked for BP rig supervisor who is on trial
A jury was chosen and opening arguments set for Wednesday in the misdemeanor pollution trial of a former BP rig supervisor ...
January 12, 2016
EU probes Halliburton merger with Baker Hughes
The European Union's anti-trust watchdog has opened an investigation into U.S. oilfield service provider Halliburton's ...
December 03, 2015
Manslaughter charges dropped for BP supervisors in oil spill
The Gulf of Mexico rig explosion that killed 11 workers and unleashed the nation's worst offshore oil spill also led to ...