Halliburton

Oil & Gas

Halliburton closes 2019 with $1.7bn loss in Q4

Houston oilfield service company Halliburton made a $1.1 billion loss in 2019 amid an ongoing shale slump in the United States that has weakened demand for hydraulic fracturing and related services.

Americas

Halliburton to lay off dozens in California

Houston oilfield service giant Halliburton is laying off dozens of employees in California amid an ongoing slump in drilling and completion activity in the United States and Canada.

Americas

Halliburton cuts 8% of North American workforce amid fracking slump

Houston oilfield service company Halliburton said it cut 8 percent of its North American workforce as it took fleets of hydraulic fracturing equipment from the field  in response to a continued slump in demand for fracking services in the United States and Canada.

Americas

Shale slowdown dents Halliburton worse than Schlumberger

The world’s biggest oilfield service companies are feeling the U.S. fracking slowdown as shale producers slash spending forecasts. But Halliburton Co. may be bearing the brunt of the pain while arch-rival Schlumberger Ltd. benefits from its bigger internationally footprint.