Halliburton News

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 …

Supreme Court Rules in Halliburton Case

Halliburton Co. suffered a legal setback Monday when the U.S. Supreme Court refused to make it harder for shareholders to proceed with some class-action securities-fraud lawsuits against publicly traded companies. The justices unanimously ruled that a U.S. appeals court erred …

Lawsuits Fly in BP Gulf Oil Spill Blame Game

A barrage of court claims pitting BP Plc against its partners in the Gulf of Mexico oil spill could lay the groundwork for billions of dollars in settlements to spread the costs of the disaster. BP has sued Transocean Ltd, …

BP Sues Halliburton for $42 Billion Over Gulf Spill

BP Plc filed a lawsuit for more than $42 billion against Halliburton, which cemented the blown-out well which caused the Gulf of Mexico oil spill, after claiming a similar sum from rig owner Transocean. Analysts said BP had little chance …