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Halliburton Follows Chevron in Halting Venezuelan Operations

2020-04-24 18:30:00| OGI

Both Chevron and Halliburton had already halted many activities in Venezuela and Halliburton said the decision will not have a material impact on its financial condition.

Tags: operations chevron venezuelan halliburton

 

Halliburton Books $1.1 Billion Charge in Low Price Outlook

2020-04-20 15:25:11| OGI

Leading fracking firm Halliburton reported a $1 billion first-quarter loss and $1.1 billion in impairment charges on April 20 as it gave a bleak outlook for North American oilfields after the coronavirus-driven oil price decline.

Tags: price books low charge

 
 

Halliburton Cuts More US Jobs as Oil Bust Deepens

2020-04-06 23:00:00| OGI

Oilfield services firm Halliburton on April 6 was cutting about 350 employees in Oklahoma, according to a filing with the state, amid a deepening oil bust.

Tags: jobs oil cuts bust

 

Halliburton, Gazprom Neft Sign Memo on Cooperation in Russia

2020-03-26 13:57:24| OGI

The operations at the Achimov Formation are not subject to sanctions.

Tags: sign russia cooperation memo

 

Schlumberger, Halliburton to Accelerate Capex Cuts in Anticipation of Slowdown

2020-03-24 18:30:00| OGI

Schlumberger and Halliburton plan to accelerate cost-cutting in hopes of significantly reducing spending this year, executives from the two major oilfield services firm said during a conference on March 24.

Tags: cuts accelerate anticipation slowdown

 

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