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Keyword: halliburton

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  • Halliburton, Baker cut workforces deeper, bringing layoffs to 27,000

    07/28/2015 5:32:46 AM PDT · by thackney · 8 replies
    Fuel Fix ^ | July 27, 2015 | Collin Eaton
    Halliburton has cut nearly 14,000 jobs and Baker Hughes has laid off 13,000 employees since they began trimming their headcounts last year to cope with the oil-market crash, officials said Monday. Those figures, shown in quarterly securities filings Friday and confirmed by company spokeswomen on Monday, are several thousand more jobs than the last time the oil field service companies gave an estimate of their planned layoffs in April. Halliburton’s latest layoff estimate exceeds its April figure by 5,000 jobs, bringing its cuts up to16 percent of its workforce. And Baker Hughes’ estimate is up by 2,500 jobs, up to...
  • Halliburton Announces 9,000 Layoffs

    04/21/2015 9:46:05 AM PDT · by SeekAndFind
    Houston Press ^ | 04/21/2015 | By Dianna Wray
    In a move that once again isn't exactly shocking, Halliburton Co. has been engaging in much more serious layoffs than they initially planned on back in February. Back in the early part of the year -- when energy analysts were confidently predicting oil prices would rebound in no time at all -- Halliburton still battened down the hatches, announcing plans for about 6,500 layoffs. Since then the analysts have for the most part gotten increasingly dour with their predictions, oil prices have stayed around $50 a barrel and Halliburton has actually laid off about 10 percent of its workforce in...
  • Metropolitan Hilarion: Western Powers Share Blame for Middle Eastern Christian Genocide

    04/03/2015 5:13:18 PM PDT · by concernedcitizen76 · 24 replies
    Acton Institute ^ | April 3, 2015 | John Couretas
    Bishop of the Russian Orthodox Church "Only after the ISIS militants began terrible mass executions of Christians the world community began speaking about this problem out loud. It happened only after the number of Christians in Iraq decreased by times and almost no Christians remained in Lybia and after the Christian community in Egypt had a hard time. The world community has at last begun speaking out against the background of general instability and uncertainty, against the background of the Arab Spring developments, against the background of what is going on now in Syria, where militants in the occupied...
  • Where's the Outrage? Obama Golfs with Halliburton Exec in Palm City on Palm Sunday

    03/30/2015 5:07:23 PM PDT · by Kaslin · 10 replies
    Rush Limbaugh.com ^ | March 30, 2015 | Rush Limbaugh
    RUSH: You know, Obama was down here this weekend. He was up at the Floridian. I'm a former member of the Floridian. Wayne Huizenga owned the course, Wayne Huizenga, the Miami Dolphins owner, waste management impresario, well-known billionaire, built the course and extended membership to his friends. Then he sold the course to the guy that owns the Houston Astros, Jim Crane, and a lot of member's went their own way. So it's got a whole new membership now. Jim Crane, a big Democrat fundraiser, and Obama has been down here, second time. He played with Tiger Woods the first...
  • Obama Golfs With Big Money, Oil Moguls in Florida

    03/29/2015 9:47:01 AM PDT · by Oldeconomybuyer · 16 replies
    ABC News ^ | March 29, 2015 | By JOSH LEDERMAN
    President Barack Obama is teeing off in Florida with a trio of oil and private equity moguls. Obama was joined for his round of golf Sunday by Jim Crane, who owns the Floridian. Crane is a major Democratic donor who also golfed with Obama and Tiger Woods in 2013. Also in Obama's foursome is Milton Carroll. He's on the board of directors of Halliburton, the oil company closely associated with former Republican Vice President Dick Cheney.
  • Moody's Say's cheaper Oil WILL NOT boost global growth...

    02/12/2015 10:25:53 AM PST · by alexmark1917 · 25 replies
    Moody's Say's Cheaper Oil WILL NOT Boost Global Growth... What have I been saying all along... Someone should tell the morons at CNBC... Lower oil prices will fail to give a "significant boost" to global growth in the next two years, Moody's has said. The ratings agency said any boost from cheaper oil would be offset by the eurozone's economic woes as well as slowdowns in China, Japan and Russia. As a result, Moody's said it would not be revising its growth forecasts for the G20 countries. "For the G20 economies, we expect GDP growth of just under 3% each...
  • Now It's Halliburton's Turn - Coming Workforce Reductions At Big Red Will Impact Thousands

    01/20/2015 9:46:05 AM PST · by thackney · 6 replies
    Oil Pro ^ | 1/20/2015 | Joseph Triepke
    Following Schlumberger's 9,000 lay-offs announced last week and Baker Hughes' 7,000 earlier this morning, Halliburton said today that it will execute workforce reductions similar to its peers during the first quarter. Halliburton COO Jeff Miller said: "We have already taken the initial steps on headcount internationally. As North America (NAM) activity falls, we will make adjustments in the US as well. We expect our headcount reductions to be in-line with our primary competitors. We will minimize discretionary spending. There is likely to be more restructuring in first quarter as we put initiatives in place to temper the impact of the...
  • Rand Paul: The Most Interesting Conspiracy Theorist in Washington

    10/20/2014 4:01:04 PM PDT · by 2ndDivisionVet · 7 replies
    Mother Jones ^ | October 20, 2014 | David Corn
    Bilderbergers, the Iraq invasion, Alex Jones—the GOP senator has routinely flirted with America's paranoid fringe.This past summer, Rand Paul, the libertarian senator from Kentucky and a potential 2016 presidential wannabe, was the GOP's It Girl. The New York Times Magazine splashed his mug on the cover and asked, "Has the 'Libertarian Moment' Finally Arrived?" It noted that Paul possessed a "supple mind" and was a "preternaturally confident speaker." Washington Post political prognosticator Chris Cillizza pronounced Paul the "most interesting voice in the GOP right now," and Politico gave him the No. 1 spot on its list of the 50 "most...
  • Halliburton, Baker Hughes buy more sand, railcars as demand piles up

    10/22/2014 6:45:32 AM PDT · by Rodamala · 1 replies
    EagleFordTexas.com ^ | October 21, 2014 | Reuters
    As fracking accelerates in North American shale fields, oilfield services providers Halliburton Co and Baker Hughes Inc are stockpiling sand to protect themselves against rising costs and are buying more railcars to transport the haul.
  • Casting a Paul on American Strength: In defense and foreign policy, Rand Paul is a menace.

    04/21/2014 6:27:52 AM PDT · by SeekAndFind · 17 replies
    National Review ^ | 04/21/2014 | Quin Hilyer
    Again and again, conservatives have cut Senator Rand Paul at least some slack when his pronouncements have moved in the realm of, but not fully shared, his father’s nuttiness on foreign affairs. It’s almost as if some nuttiness of his own was allowable as long as it didn’t go as far as his father’s did. But just about every fortnight or so, a new Rand Paul speech or a newly resurfaced old video or news report shows not only that the senator is dangerously neo-isolationist and militarily penurious, but that he is also bizarrely spiteful toward those who disagree. Worse,...
  • A lot to A.N.S.W.E.R. for

    05/05/2003 11:12:38 AM PDT · by yonif · 24 replies · 557+ views
    Jerusalem Post ^ | May. 1, 2003 | Edward Grossman
    Israel-bashing figures prominently in 'teach-ins' where San Franciscans seek a flavor of the Vietnam era Let's admit it - San Francisco is gorgeous, and deserves its name as the capital of resistance to what the US is trying to do in the Middle East. After all, while other places from coast to coast had rallies and marches before and during Operation Iraqi Freedom, only there were thousands "hauled off by the pigs" for blocking the financial district, and only there was there a rally and march almost every Saturday for weeks and weeks until Saturday, April 19. But were all...
  • 2009 Rand Paul Speech: Cheney Manipulated US Into Iraq War for Profit

    04/08/2014 9:46:10 AM PDT · by 2ndDivisionVet · 55 replies
    NewsMax ^ | April 7, 2014 | Sandy Fitzgerald
    Sen. Rand Paul claimed in 2009 that former Vice President Dick Cheney exploited the 9/11 attacks in order to lead the United States into war in Iraq to benefit military contractor Halliburton, where Cheney had been CEO before heading to Washington, a video unveiled by blog Mother Jones' writer David Corn shows. In the video unearthed of a speech given at Western Kentucky University, Paul argues that Cheney opposed the first Bush administration's plans but changed his mind over Halliburton, Corn reports. "He's being interviewed (in 1995), I think, by the American Enterprise Institute, and he says it would be...
  • Rand Paul in ’09: Cheney pushed Iraq war to benefit Halliburton

    04/07/2014 5:08:13 PM PDT · by SoConPubbie · 68 replies
    Washington Post ^ | April 7 at 10:23 am | Aaron Blake
    <p>David Corn over at Mother Jones unearths a 2009 video of Sen. Rand Paul (R-Ky.), in which Paul suggests that former vice president Dick Cheney wanted to invade Iraq in order to benefit his former employer, Halliburton.</p> <p>In the video, shot at Western Kentucky University, Paul argues that Cheney thought the invasion was a bad idea in the first Bush administration but changed his tune after working for Halliburton.</p>
  • Let’s nationalize Fox News: Imagining a very different media

    01/19/2014 8:14:17 AM PST · by Libloather · 37 replies
    Salon ^ | 1/18/14 | Fred Jerome
    Excerpted from "Imagine: Living in a Socialist USA" Imagine a world without the New York Times, Fox News, CNN, the Wall Street Journal, and countless other tools used by the 1 percent to rule and fool. In a socialist society run by and for the working people it represents, the mega-monopolies like Walmart, Halliburton, Exxon-Mobil, and the corporations that run the tightly controlled “mainstream media” will be a thing of the past. It’s not news that the major US media are run by and for big business, or that the major media companies are themselves big businesses. Twenty years ago,...
  • This Natural Gas Find Could Completely Change the World As We Know It (Israel-Cyprus)

    11/03/2013 2:23:59 PM PST · by haffast · 15 replies
    The Motley Fool ^ | November 3, 2013 | Tyler Crowe
    One thing that makes the energy sector so intriguing is the constant overlap between markets and politics. In many ways, energy security is synonymous with national security, and the supply and demand needs of the oil market can make the most unlikely bedfellows. One country that has been at the center of energy and politics for decades has been Israel. For years the country has been dependent upon foreign energy sources, but a major discovery by Noble Energy (NYSE: NBL ) and its partners has turned this situation on its head. Let's look how this massive natural gas find could...
  • Companies line up to drill after survey shows Dakota oil, gas fields far bigger than believed

    05/04/2013 1:26:11 PM PDT · by NoLibZone · 8 replies
    foxnews ^ | May 4 2013 | foxnews
    Energy companies are lining up for their shot to drill in the Dakotas and Montana after a new government report revealed that a massive geological formation stretching across the states contains twice the oil and three times the amount of natural gas than was originally believed. While the new estimate is drawing smaller companies to the game, the larger players like Schlumberger, Halliburton and Continental Resources are pushing forward with ambitious multi-year plans to stake their claim in the industry. Continental recently announced a five-year plan to triple its production by 2017. The company’s growth is based on success in...
  • 56 reasons Obama is a lying, lawbreaking, warmongering, corrupt cronyist, who loves corporate...

    08/04/2012 8:02:58 PM PDT · by grundle · 17 replies
    wordpress.com ^ | August 4, 2012 | Dan from Squirrel Hill
    Full title: Here are 56 reasons why Barack Obama is a lying, lawbreaking, warmongering, corrupt cronyist, who loves corporate lobbyists and Wall St., and who has no respect for the Constitution, limited government, rule of law, individual freedom, civil liberties, the taxpayers, or sick people who have prescriptions for medical marijuana 1) Carried out military interventionism In June 2011, U.S. Congressman Dennis Kucinich (D-Ohio) said that Obama had violated the Constitution when he launched military operations in Libya without Congressional approval. 2) Gave a no-bid contract to Halliburton In May 2010, it was reported that the Obama administration had selected...
  • Is Deepwater Horizon the New Ecuador?

    01/31/2012 9:37:30 AM PST · by bananaman22 · 2 replies
    oilprice.com ^ | 01/30/2012 | Daniel Graeber
    Nearly two years after the worst accidental offshore oil spill in the history of the energy industry, some of the biggest companies in the world are busy pointing their legal fingers at one another in court over who has to pay what in claims, damages and fines over the deadly Deepwater Horizon oil spill. A federal judge this week ruled that BP is still obligated to a clause in its contract with Transocean that would protect the rig owner from damages related to the spill. That means BP still has to shell out money to settle claims filed by those...
  • Earthquakes, Water Pollution and Increased Greenhouse Gas Emissions? Fracking - Strike Number Three?

    12/19/2011 6:38:20 PM PST · by bananaman22 · 9 replies
    oilprice.com ^ | 19/12/2011 | John C.K. daly
    The last decade has seen a sustained campaign by the hydraulic fracturing (‘fracking”) industry against its critics, as the fracking industry in the U.S. alone was worth an estimated $76 billion in 2010 and is projected to grow to $231 billion in 2036 if only those pesky environmentalists can be sidelined. According to Washington’s energy Information Administration, production of shale gas in the United States in 2010 totalled 4.87 trillion cubic feet (tcf) compared with 0.39 tcf only a decade earlier. The combination of horizontal drilling and hydraulic fracturing has already transformed North America's natural gas market in less than...
  • BP says Halliburton destroyed critical cement test results

    12/05/2011 6:42:19 PM PST · by trumandogz · 29 replies
    Houston Chronicle ^ | 12.5.11 | Jennifer A. Dlouhy i
    BP on Monday accused Halliburton of destroying potentially damaging internal test results that showed that the cement it used to secure the Macondo well that blew out in the Gulf of Mexico last year was unstable.