Halliburton cleared a 21 percent profit boost in the second quarter as demand for oil production equipment climbed in North America and drills kept spinning in the eastern hemisphere, the company said Monday. More »
Halliburton, the oil field services company with the largest hydraulic fracturing fleet, is exporting the key technology behind the U.S. shale boom to China. More »
Wal-Mart took the No. 1 spot on Fortune’s Gobal 500 ranking of the world’s largest companies based on revenue, but the top of the list was sloshing with oil.
A Supreme Court ruling Monday will make it easier for Halliburton to fight a lawsuit brought by investors who allege the company misled them. More »
Russia will require Western companies to provide the modern drilling and production gear — and techniques such as hydraulic fracturing — that are essential to unlocking its $8.2 trillion worth of barrels still underground. More »
Petroleos de Venezuela SA, the country’s state oil company, signed deals with oil service companies Schlumberger, Halliburton and Weatherford International. More »
Oil-service workers in Norway followed offshore-platform workers in breaking off wage talks with employers, raising the prospect of another strike in the oil and gas industry two years after a walkout hit output. More »
When Halliburton took a job two years ago to figure out what was wrong with Devon Energy’s wells in the Barnett Shale, only one in 11 of the wells was any good. More »
Jeff Miller, chief operating officer of Halliburton, says to sustain the U.S. energy boom, we must find better, faster and cheaper ways to get every gas and oil molecule out of every field and formation. More »
Halliburton’s latest downhole innovation, the TDReam Tool, drastically reduces the time it takes to drill a well to total depth, saving time and money for operators. More »
The U.S. Department of Energy said Friday that it welcomes the decision by oil and gas industry supplier Baker Hughes to disclose all chemicals in hydraulic fracturing fluid. But Halliburton, a major competitor in the field, isn’t committing to such disclosure.
Halliburton says it was profitable in the first-quarter after reporting a loss for the period a year ago. More »