Halliburton

Stories 21 - 37 | << Prev 

BP, Transocean Hire Swarm of Lobbyists

...who swear they're just 'trying to give information to people'

(Newser) - The oil gushing into the Gulf has been black gold for one someone: the lobbyist. BP, Transocean, Halliburton, and many, many other small and large industry players affected by the spill have hired a bevy of lobbyists from both sides of the aisle, reports the Washington Post , which offers an...

BP Cut Corners on Well Casing
 BP Cut Corners on Well Casing 

BP Cut Corners on Well Casing

Went with riskier option because it was cheaper

(Newser) - First rule of business, kids: cut costs where you can. For example, if you can buy a cheaper cement for the casing pipe in your oil well, and the only risk is that it might fail to seal, let gas leak in, and lead to a massive explosion, you should...

Oil Rig Workers Blew Past Red Flags

Equipment showed danger of blowout, but they kept working

(Newser) - Just two hours before the Deepwater Horizon exploded, a major test revealed a “very large abnormality” in the well, but workers simply ignored it and kept working, BP revealed in a report to Congress yesterday. Previously, BP had said the test was inconclusive, the Wall Street Journal notes, but...

Obama Slams Oil Spill Blame Game as 'Ridiculous Spectacle'

President has tough talk about the Gulf spill

(Newser) - President Obama ripped into the companies involved in the Gulf oil spill today, deriding their finger-pointing before Congress as a "ridiculous spectacle." He also promised to end a cozy relationship that has existed between federal regulators and companies drilling offshore for oil and gas.

Matthews: Make Cheney Testify About Oil Spill

He rips 'Incestuous' oil-White House liaison

(Newser) - Hardball's Chris Matthews insisted yesterday that former Vice President Dick Cheney be forced to testify on the Gulf oIl spill after "looking out for" Big Oil in the White House fresh from his job as CEO of Halliburton. Cheney held several "secret meetings" with oil companies, including BP...

Oil Firms Blame Each Other for Spill

3 to point fingers in Senate testimony today

(Newser) - Execs from three firms involved in the Deepwater Horizon explosion and oil spill will blame each other for the disaster when they face a Senate hearing today. In prepared testimony reviewed by the Wall Street Journal , the chairman of well owner BP points the finger at rig owner and operator...

Palin: Don't Trust Foreign Oil Companies

Like that no-good BP, which used to employ Todd Palin

(Newser) - Sarah Palin is fired up about the Gulf Coast oil spill, and she's taking away a powerful lesson: Don't trust foreigners, like those tea-sippers over at British Petroleum. “Gulf: Learn from Alaska's lesson w/foreign oil co's: don't naively trust—VERIFY,” she wrote on Twitter . That sounds great and...

Thank Dick Cheney for Gulf Oil Spill

Blogger connects dots and finds arrow pointing to ex-VP

(Newser) - The scope of the Gulf oil spill is far from clear, but the finger-pointing is already under way, and a lot of fingers ought to be aiming at Dick Cheney, Alex Pareene blogs for Salon . Connecting the dots that begin with a Wall Street Journal exposé, we learn that Cheney's...

It's Cheney's Fault Yemen's So Dangerous

Ex-VP deserves 'warm jihadi thank-you note': former ambassador

(Newser) - Dick Cheney’s attacks on President Obama over counter-terror policy are absolute hogwash, a former US ambassador writes, given that the former vice-president, who “proudly micro-managed all things Gitmo,” is personally responsible for getting terrorists back into al-Qaeda’s Yemen operation. Indeed, Marc Ginsberg says, Cheney deserves “...

Halliburton Will Pay $559M in Nigerian Bribery Fines

The settlement is the second-largest under the current law

(Newser) - Halliburton will shell out $559 million in fines—the largest federal penalty ever paid by a US company for bribery—to the Justice Department and the SEC to settle claims that its former KBR unit greased the palms of Nigerian officials to help get a gas liquefaction facility built, along...

Halliburton, KBR Sued for Sickening Iraq Troops

Suit charges contractors supplied spoiled food, contaminated water

(Newser) - A lawsuit filed against Halliburton and KBR accuses the military contractors of exposing troops and civilian workers on a US base in Iraq to spoiled food, contaminated water, and toxic fumes from a burn pit, the Military Times reports. The lead plaintiff in the suit said he still has nightmares...

Foreign Workers Held in Iraq
Foreign
Workers
Held in Iraq

Foreign Workers Held in Iraq

Contractor kept 1,000 Asian laborers 3 months in warehouses

(Newser) - About 1,000 foreign workers brought to Iraq with the promise of lucrative jobs have been living for 3 months in Baghdad warehouses under poor sanitary conditions and in possible violation of US military rules, McClatchy reports. A Kuwaiti company that subcontracts with KBR, formerly Haliburton, brought the men from...

Ex Halliburton Exec Pleads Guilty to $180M Bribery

Cheney man 'won' $6B Nigerian contracts

(Newser) - A fired Halliburton exec has pleaded guilty to bribing Nigerian government officials, the Wall Street Journal reports. Albert Stanley, CEO of KBR when it was a Halliburton subsidiary, faces up to 7 years in jail and a restitution payment of nearly $11 million. Stanley was appointed by Vice President Dick...

US Contractor Bills in Iraq to Hit $100B

Workers outnumber troops, account for 20% of war spending

(Newser) - By the end of the year, the US will have spent $100 billion on private defense contractors in Iraq, a congressional report finds, showing more private-sector reliance than any previous wartime. Some 20% of funds spent on the war have gone to contractors, whose numbers are now greater than the...

Clinton: Nothing Immune From Bush's 'Waste, Fraud, Abuse'

Cronyism flourishes under Iraq, Katrina

(Newser) - The Bush White House has wasted billions of taxpayer dollars on corrupt deals and unaccountable contractors, Hillary Clinton writes in the Wall Street Journal. If America is going to regain fiscal stability, it must "increase transparency" and put an end to practices like "rewarding companies that exploit tax...

Army Overseer Ousted After Rejecting Bogus Iraq Bills

Says he was replaced after vowing not to pay dubious bills

(Newser) - Did a top Army official lose his job for trying to save the Army money? Charles Smith was ousted from his job after refusing to pay then-Halliburton subsidiary KBR more than $1 billion in charges deemed bogus by Army auditors. “They had a gigantic amount of costs they couldn’...

Alaskan Tribes Score No-Bid Bonanza
Alaskan Tribes Score No-Bid Bonanza

Alaskan Tribes Score No-Bid Bonanza

Sen. Ted Stevens under scrutiny for shady contracts

(Newser) - Alaskan tribes are so successful in securing no-bid government contracts, they're spurring a federal investigation into conduct by Alaskan senator Ted Stevens, reports Salon. In 1986, Stevens pushed through a law that gave Alaskan companies "small business" preferences—even if they belong to a multi-billion dollar parent corporation and...

Stories 21 - 37 | << Prev 
Most Read on Newser