Halliburton CEO Dave Lesar hopped on a plane to New York on Monday, rang the bell at the New York Stock Exchange on Tuesday, and over the next two days will have no less than 16 meetings with shareholders to sell the oil-field service industry’s biggest-ever acquisition. More »
Workers are anxious about their jobs after Monday’s announcement that Halliburton is buying oil field services rival Baker Hughes. More »
The latest drama over Keystone XL is headed into its final act, as the Senate prepares to vote on legislation that would authorize the pipeline. And it’s likely to be a nail biter. More »
Hess Corp.’s quest to harvest crude from its Tubular Bells field in deep Gulf of Mexico waters has culminated in oil now flowing at a massive production facility 45 miles from shore. More »
Merger talks between oil field services giants Halliburton and Baker Hughes took a hostile turn Friday, as the larger Halliburton made an 11th-hour move to replace the board of its smaller rival and takeover target.
Iraq wants an international dispute over a tanker of crude floating for three months off Galveston’s coast to remain in U.S. courts because Kurdistan refuses to resolve the matter on Iraqi soil, according to recent court filings. More »
Business leaders around the world are watching to see what the United States does with the Keystone XL pipeline, the CEO of engineering giant Siemens said Friday. More »
Executives stressed that the company would move swiftly to begin construction after the final regulatory hurdles fell away at a groundbreaking ceremony Monday. More »
Natural gas inventories rose by 40 billion cubic feet last week, extending a long run of higher-than-average storage injections, the U.S. Energy Information said today in a weekly report. More »
The House of Representatives overwhelmingly passed legislation authorizing the Keystone XL pipeline on Friday, even as Senate supporters work to line up 60 votes to send the measure to the White House. More »
Halliburton Co. confirmed that one worker died and two were injured during an accident in Colorado Thursday. More »
Democratic Sen. Mary Landrieu and other supporters of the Keystone XL pipeline are racing to line up 60 votes in favor of the project, ahead of a milestone vote next Tuesday.
Two of the world’s biggest oil field service companies are in talks to fuse their businesses together and end decades of rivalry in a deal that may be valued at more than $20 billion. More »
More than 120 petrochemical plants worth $80 billion are slated for construction, or scheduled to open, within the coming years, stoking concerns about a shortage of skilled employees to build and operate the plants once they come online. More »
Legislation to accelerate natural gas exports could win the Obama administration’s endorsement — with some changes. More »