Topic: Oil and Gas Field Services

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Apple earnings will report this evening; stocks rise

Apple earnings for the first quarter will be reported after the close of the stock market Tuesday. In anticipation of he Apple earnings report, Apple stock has fallen sharply.
U.S. stocks mixed on a quiet day

U.S. stocks were mostly unchanged Wednesday, a calm day in the middle of a bumpy week. U.S stock on the Dow fell 45 points to close at 13124.
BP parries with Halliburton over recovery costs for Gulf oil spill

British oil giant BP wants a US judge to force Halliburton to pay all recovery costs stemming from 2010 Gulf oil spill. In a filing Monday, it aims to rebuff assertion that Halliburton bears no liability.
Halliburton 'destroyed' evidence after Gulf oil spill, BP charges

BP alleges that Halliburton, a subcontractor working on the Deepwater Horizon rig, destroyed evidence pertaining to what might have caused the explosion that triggered the Gulf oil spill.
BP says Halliburton destroyed evidence behind Gulf oil spill

BP says Halliburton destroyed evidence that it did faulty cement work on the oil will that leaked into the Gulf. Halliburton denies claim.
BP settlement: Anadarko adds $4 billion to pay spill claims

BP settlement with Anadarko reduces chances of punitive damages for 2010 Gulf spill. Despite BP settlement, other lawsuits and fines still loom for oil giant.
BP settlement: BP to get $4 billion for oil spill cleanup

BP settlement: Anadarko Petroleum Coro., which had a has 25 percent working interest in BP's Macondo Prospect, the site of the Deepwater Horizon drilling rig explosion, will pay BP $4 billion toward cleaning up the Gulf of Mexico oil spill.
In Pictures: Top ten highest paid American CEOs
Gulf oil spill: Transocean report continues the circular finger-pointing

Transocean Ltd., the Swiss company that owned and operated the Deepwater Horizon oil rig, says the Gulf of Mexico oil spill that occurred last year is the result of successive decisions made by well owner BP. BP calls it "an advocacy piece" to support Transocean's "litigation strategy."
Stocks close higher on commodities rally

Following a strong show on Friday, the Dow rose 45 points, led by oil and precious metals
GE earnings: one of five things to watch April 21

GE earnings to get plenty of scrutiny after Japan nuclear fallout, tax stories. Dozens of high-profile companies will report earnings Thursday.
Alaska oil pipeline has safety and environmental risks

The US Department of Transportation’s pipeline safety division says the 800-mile trans-Alaska pipeline is corroded and poses a severe public safety and environmental risk.
Global News Blog
Nigeria charges Dick Cheney in bribery case

Nigeria handed down indictments today against former US Vice President Dick Cheney. The case alleges bribery related to a bid by a Halliburton subsidiary to build a plant in the Niger Delta.
Dick Cheney to be charged in $180-million Halliburton bribery case

Dick Cheney, former US vice president, will be charged Thursday by Nigerian anti-corruption police in a case against Halliburton.
Gulf oil spill update: What's known now about cause and effects

Amid hearings on the cause of the Deepwater Horizon disaster, government scientists, academics, and those most affected by the Gulf oil spill are at odds over the extent of its effects.
Oil spill panel: a push for subpoena power in Deepwater Horizon probe

Senate Republicans have blocked subpoena power for President Obama's oil spill commission. The commission's chief counsel will push for it again, arguing it's needed to learn the truth about the Deepwater Horizon rig.
Robert Reich
Vote Halliburton and Goldman Sachs!

On Election Day, Americans will decide how to reward corporations that have been plundering America, like Goldman Sachs, JP Morgan Chase, and Halliburton.
Halliburton may have known about cement troubles before gulf oil spill

Halliburton may have been aware of problems with the cement used on the Deepwater Horizon before a major explosion that led to the worst oil spill in US history.
Citigroup earnings push market higher

Citigroup announced better-than-expected earnings, which helped boost the broader stock market.
EPA to natural gas companies: Give details on 'fracking' chemicals

The natural-gas production industry has resisted providing information about fracking or hydraulic fracturing chemicals, which some say have fouled drinking-water wells.
Transocean, Halliburton blast BP report on cause of blowout, oil spill

Transocean and Halliburtion, BP's partners on the blown-out well that led to the massive Gulf oil spill, reject findings in a new BP report that finds their workers partly to blame for the rig accident.
BP report on cause of Gulf oil spill spreads the blame

Human and mechanical failures led to the Deepwater Horizon blast and the subsequent Gulf oil spill, finds a BP report released Wednesday. Transocean and Halliburton are also cited.
Halliburton shows surge in profits despite connection to Gulf oil spill

Halliburton Co., which was handling the cementing job on BP's Macondo well before it blew up, saw its second-quarter profits jump 83 percent, beating Wall Street expectations.
Supreme Court's Jeffrey Skilling ruling helps former Alaska official, too

The Supreme Court on Thursday ruled in three cases involving fraud under the federal honest services law. Ex-Enron CEO Jeffrey Skilling, newspaper magnate Conrad Black, and former Alaska state Rep. Bruce Weyhrauch are all likely to benefit.
As oil firms grow, response may slow to crises like Gulf oil spill

Shortly before the Deepwater Horizon blowout, Halliburton bought an oil spill prevention firm. The oil-services industry is consolidating, which is not necessarily good news for quality, experts say.