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Posts Tagged ‘Halliburton’

Halliburton-Baker Hughes deal ‘not fixable’

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Halliburton Pleads Guilty to Destroying Evidence After Gulf Spill

“It’s another bad day for Halliburton and a very good day for BP,” said Fadel Gheit, a senior oil analyst at Oppenheimer. Halliburton has agreed to plead guilty to destruction of critical evidence after the Gulf of Mexico oil spill in 2010, the Justice Department announced on Thursday.

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Halliburton Pleads Guilty to Destroying Evidence After Gulf Spill

By : A version of this article appeared in print on July 26, 2013, on page B1 of the New York edition with the headline: Halliburton Will Admit Destroying Data on Spill.

HOUSTON — Halliburton has agreed to plead guilty to destruction of critical evidence after the Gulf of Mexico oil spill in 2010, the Justice Department announced on Thursday.

The oil services company said it would pay the maximum allowable fine of $200,000 and will be subject to three years of probation. It will also continue its cooperation in the government’s criminal investigation. Separately, Halliburton made a voluntary contribution of $55 million to the National Fish and Wildlife Foundation. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell’s China Moves: Can Shell keep riding this tiger?

The Anglo-Dutch energy giant and state-owned PetroChina have teamed up to get gas out of the ground in China—and to tap new sources of energy worldwide

November 16, 2011, 11:10 PM EST

By and

The hilltop city of Yulin, about 500 miles southwest of Beijing, was once a strong point in the defensive wall that protected the Chinese heartland from the tribes to the north. An ancient fortress survives in the old part of the city, the Chinese characters for “Suppress the Barbarians” carved over its gate. Today, Yulin’s a boomtown in the oil- and gas-rich Ordos Basin. In the streets not far from the fortress walls, where men sell roasted goat heads from carts, young boys hand out brochures for apartment towers built for newly wealthy oil workers and coal miners. If fresh characters were carved into the old fortress gates now, they might say “Resource Barbarians Welcome!” Or they might simply be a pair of corporate logos: one for PetroChina (PTR), the publicly traded wing of CNPC, China’s largest oil company, and a second for its foreign partner, Royal Dutch Shell, the second-largest Western oil company. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BP sues Gulf rig operator for $40bn over oil spill

Latest update: 21/04/2011 BP has filed a $40 billion lawsuit against Transocean, the operator of the Gulf of Mexico oil rig, alleging the disastrous explosion on the oil rig was due to the firm’s “misconduct”. The company also filed suit against Halliburton and Cameron. By News Wires (text)

AFP – BP has filed a lawsuit against rig operator Transocean for $40 billion in damages over the Gulf of Mexico oil spill, in a legal fightback by the group a year after the disaster.

The British firm, the target of blame during the crisis, filed suit against Swiss-based Transocean on Wednesday, the one-year anniversary of the start of the biggest maritime oil spill in history, and also against oil services giant Halliburton and parts manufacturer Cameron.

Transocean operated the Deepwater Horizon rig which was hit by an explosion on April 20, 2010, killing 11 workers and sparking the environmental disaster. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Inquiry Puts Halliburton in a Familiar Hot Seat

By BARRY MEIER and CLIFFORD KRAUSS

A version of this article appeared in print on October 29, 2010, on page A20 of the New York edition.

Halliburton is back in the spotlight, and once again, in an uncomfortable way.

In recent years, the giant energy services company has found itself under scrutiny over allegations that it performed shoddy, overpriced work for the United States military in Iraq, bribed Nigerian officials to win energy contracts and did brisk business with Iran at time when it faced sanctions.

On Thursday, a government investigation panel said that Halliburton might have played an important role in the April explosion of the Deepwater Horizon platform in the Gulf of Mexico by supplying cement that the company knew was unstable to BP, which used it to seal the well. Halliburton has repeatedly blamed BP, the owner of the well, of failing to test the cement and making other errors that led to the accident, which killed 11 people and spewed millions of barrels of crude oil into the gulf. read more

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Halliburton paid $180 million in bribes to senior Nigerian government officials

In a wide-ranging foreign-corruption investigation, fired former Halliburton Co. executive Albert J. "Jack" Stanley pleaded guilty to orchestrating more than $180 million in bribes to senior Nigerian government officials. The bribes were used to win a contract to build a liquefied-natural-gas plant in Nigeria.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Halliburton Completes 100 Percent Acquisition of WellDynamics

Halliburton (NYSE: HAL) announced today that it has closed the previously announced acquisition of the 49 percent equity of Shell Technology Ventures Fund 1 B.V. in WellDynamics B.V. With this transaction complete, Halliburton owns 100 percent of WellDynamics.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Oil Majors Say U.S. Restrictions Delay Iran Projects

Despite an urgent need to replenish reserves, Anglo-Dutch oil giant Royal Dutch Shell PLC and Spanish-Argentine Repsol YPF said they wouldn't sign a $10 billion contract to enter South Pars, the Iranian side of a giant natural-gas field shared with Qatar. Instead, the two oil giants are considering entering later phases of the project.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Bidding War for Expro International

Rising oil prices and depleting reserves at existing fields forced oil companies to seek access to oil in politically fragile locations that are harder and more expensive to reach. Some analysts expect oil companies, like Exxon Mobil, Royal Dutch Shell and Chevron, to increase their spending on exploration this year.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Financial Times: US to probe Nigeria oil industry payments

US anti-bribery investigators are targeting a former Halliburton subsidiary over its work on a key Royal Dutch Shell project in Nigeria, widening a corruption probe into the country's troubled oil industry.

royaldutchshellplc.com and its also non-profit sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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