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Stock Market & Financial Investment News

News Breaks
March 27, 2013
13:28 EDTHAL, BPHalliburton manager said he warned BP before 2010 oil spill, Bloomberg says
A Halliburton (HAL) manager testified that he warned BP (BP) that it was making a mistake hours before the explosion that caused the 2010 Gulf oil spill, according to Bloomberg. Nathaniel Chaisson, Halliburtonís cementing services coordinator, said he told BP that its plan to use six stabilizers on the well, instead of the recommended 21, increased the risk of a blowout, the news service stated. Chaisson was testifying in the trial which is being held to determine liability for the oil spill. Reference Link
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August 25, 2014
07:02 EDTHALMcDermott names Stuart Spence as CFO, effective August 23
McDermott International (MDR) announced that Stuart Spence has been appointed EVP and CFO following the departure of Perry L. Elders, SVP and CFO, effective August 23. Elders will be pursuing other opportunities. Immediately prior to joining McDermott, Spence served as Vice President, Artificial Lift for Halliburton Company (HAL), where he had overall strategic and operational responsibility for Halliburtonís artificial lift product and service line.
August 22, 2014
06:39 EDTBPBP drops $9.3B on fuel stations, exploration in Australia, Bloomberg says
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August 21, 2014
09:15 EDTHALEnerCom to hold a conference
The Oil & Gas Conference to be held in Denver on August 18-21 with webcasted company presentations to begin on August 21 at 10 am; not all company presentations may be webcasted. Webcast Link

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