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Oil field services cos. expect to see hike in North America upstream spending

Emily Burleson — Mon, 25 Oct 2021 02:30:38 +0000

As global oil and gas demand has increased from early Covid-19 pandemic lows, oil field services and equipment giants Schlumberger NV (NYSE: SLB), Baker Hughes Co. (NYSE: BKR) and Halliburton Co. (NYSE: HAL) each turned a profit and saw higher earnings...

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Halliburton Labs picks inaugural companies for clean-tech accelerator

Olivia Pulsinelli — Wed, 10 Feb 2021 13:57:26 +0000

Halliburton Labs has selected Enexor BioEnergy, Momentum Technologies and OCO Inc. as its inaugural group of companies.

Houston-based oil field services giant Halliburton Co. (NYSE: HAL) launched the Halliburton Labs initiative in July 2020. The progr...

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Halliburton Labs launches to accelerate clean energy efforts

Olivia Pulsinelli — Thu, 30 Jul 2020 13:54:53 +0000

Houston-based Halliburton Co. (NYSE: HAL) is making its lab facilities, technical expertise and business network available to early-stage companies focused on advancing clean energy.

Executive Director Scott Gale will lead the new Halliburton Labs ini...

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An Industry in Peril: Experts take a look at the state of Houston’s energy sector

Sara Samora — Fri, 22 May 2020 05:01:00 +0000

As the global pandemic continues to impact industries across Houston, one of the hardest hit has been the energy industry.

In April, the Houston Business Journal reported how oil and gas companies are cutting costs and/or headcount. One example is Hou...

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Halliburton lays off 1,000 employees at Houston HQ

Olivia Pulsinelli — Wed, 06 May 2020 22:55:06 +0000

Halliburton Co. (NYSE: HAL) is laying off about 1,000 employees at its corporate headquarters in Houston.

The layoffs are effective immediately, a Halliburton spokesperson confirmed.

In a statement, the oil field services giant attributed the layof...

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Halliburton lays off another 384 workers in Texas

Jessica Corso — Tue, 21 Apr 2020 12:07:02 +0000

Houston-based oil field services giant Halliburton Co. (NYSE: HAL) has laid off 384 workers at the South San Antonio facility that oversees its Eagle Ford Shale operations.

Halliburton informed the Texas Workforce Commission on April 7 that it was lay...

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Halliburton furloughs Houston employees; other energy cos. working from home

Olivia Pulsinelli — Wed, 18 Mar 2020 12:40:56 +0000

Some of the biggest energy companies in Houston are making changes to when and where some employees work amid the coronavirus pandemic and drop in oil prices.

Halliburton Co. (NYSE: HAL) will furlough about 3,500 Houston employees for 60 days, accordi...

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Halliburton to cut more jobs in another state

Olivia Pulsinelli — Mon, 09 Dec 2019 03:02:36 +0000

Houston-based Halliburton Co. (NYSE: HAL) is cutting more jobs out West, this time in Bakersfield, California.

The cuts affect 70 employees, according to multiple media outlets, including Reuters, 23ABC in Bakersfield, NBC affiliate KGET 17 and the Ho...

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Halliburton announces another wave of massive job cuts

Jonathan Adams — Tue, 03 Dec 2019 14:19:04 +0000

Halliburton Co. (NYSE: HAL) plans to cut more than 800 jobs after the closure of an office in El Reno, Oklahoma, according to the Houston Chronicle.

The company filed a letter with the Oklahoma Office of Workforce Development Monday disclosing the red...

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