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Tag Archives: halliburton

Halliburton pounces on Baker Hughes

In a deal that shows just how quickly falling prices can upend the energy industry, Halliburton is buying rival oilfield services company Baker Hughes for cash and stock worth $34.6 billion.

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Ex-Halliburton manager charged in Gulf spill probe

NEW ORLEANS — A former Halliburton employee was charged Thursday with destroying evidence following BP’s 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, who had been the cementing technology director for Halliburton Energy Services Inc., was charged in ...

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New interpretation of Sarbanes-Oxley creates problems for employers

Employment lawyers fear that a recent decision from the U.S. Department of Labor Administrative Review Board broadening whistleblower protections under Sarbanes-Oxley may create new burdens for employers. In the case before the board, a Halliburton employee filed a complaint with ...

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High court revives class action against Halliburton

WASHINGTON — The Supreme Court ruled Monday that Halliburton Co. shareholders can pursue a class-action lawsuit claiming the oil services company inflated its stock price. The high court overturned a ruling against the shareholders, who want to represent all investors ...

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Panel: BP did not put cost over safety

WASHINGTON — The presidential commission investigating the BP Gulf oil spill challenged claims in Congress that the oil company and others sacrificed safety to cut costs. In preliminary findings issued Monday, the first from an independent panel, investigators supported many ...

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