Halliburton CEO bullish on oil’s long-term future


The chief executive of Halliburton has touted the Houston energy sector’s rebound from the recent oil bust and the brightening outlook for the industry, predicting that the world will continue to rely on oil and gas for many decades to come.


CEO pay towers over median salary of workers


Before his departure in January, John Watson steered Chevron through a painful oil-market crash, maneuvered billions to turn the fertile Permian Basin into an oil-pumping machine, and drove stock-market returns three times higher than its larger rival Exxon Mobil as oil prices climbed up from rock bottom.


Halliburton swings to profit despite Venezuela write down


Halliburton Co. swung to a profit in the first quarter as rising crude prices bolstered demand for hydraulic fracturing equipment and other oil field technology, though executives noted the impact of supply line constraints.