Halliburton News

Halliburton Offers Settlements over Chemical in Oklahoma Wells

Halliburton is offering settlements to dozens of property owners after a chemical compound called ammonium perchlorate showed up in residents’ private wells. The company has offered settlements to 130 plaintiffs involving more than 80 properties in Duncan. As of Oct. …

Supreme Court Rejects Broader Liability Shield for Military Contractors

The U.S. Supreme Court turned away three KBR Inc. appeals that aimed to provide military contractors with a broader shield from lawsuits over their activities on the battlefield. The nation’s highest court today left intact a group of federal appeals …

Texas Joins Flood of States Suing BP over 2010 Gulf Spill

Texas has joined the crowd of Gulf of Mexico states to file suit against BP Plc, Halliburton Co and others for their role in one of the worst oil spills in U.S. history. The complaint, filed Friday in U.S. District …

Halliburton Seeking Settlement Over Gulf Oil Spill

BP’s cement contractor on the drilling rig that exploded in the Gulf of Mexico in 2010 announced that it is trying to negotiate a settlement over its role in the disaster, a focus of trial testimony that ended last week. …

Texas-Based Halliburton Posts 1Q Loss on Oil Spill Litigation Charges

Houston, Texas-based Halliburton says it lost $18 million in the first quarter, pulled down by $637 million in charges related to its role in the 2010 Gulf of Mexico oil spill. But it made money if unusual items are excluded, …

Florida Becomes 4th State to Sue BP Over Oil Spill

The state of Florida filed a lawsuit last Saturday against British oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth U.S. state to seek damages for the 2010 disaster. The suit, among other …

Halliburton in Talks Over Gulf Oil Spill Settlement, Takes Charge

Halliburton Co. is in talks to settle private claims against it in a trial to determine how blame should be shared for the 2010 Gulf of Mexico spill, the company said on Monday, and it took a $1 billion pretax …

Halliburton Wins Ruling vs. BP Over Some Gulf Oil Spill Claims

A federal judge on Tuesday said Halliburton Co. is not liable for some pollution claims arising from the 2010 Gulf of Mexico oil spill, setting back BP Plc’s effort to hold other companies responsible for part of the $42 billion …

Judge Denies BP Request to Penalize Halliburton

A federal judge in New Orleans shot down BP’s request to penalize Halliburton for allegedly destroying damaging evidence about the quality of its cement slurry that went into drilling the oil well that blew out last year and caused the …

Halliburton Sued Over Pollution at Oklahoma Missile Casing Site

Halliburton Co. faces lawsuits over groundwater pollution near a now-closed facility in Oklahoma that cleaned missile casings for the U.S. Defense Department during the Cold War, the company said Friday. Halliburton, which now specializes in oilfield services, said one of …