Halliburton Company

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Oilfield services giant Halliburton Co <HAL.N> posted its third straight quarterly loss on Monday as it took a $2.1 billion impairment charge amid a slump in oil prices and collapse in drilling by North American customers.

Halliburton Co on Monday posted its third straight quarterly loss as the oilfield services provider recorded a $2.1 billion impairment charge due to weak demand from North American customers reeling under lower oil prices.

Oilfield services provider Halliburton Co slashed its quarterly dividend by 75% on Wednesday, the latest move by the company to shore up cash to cope with a dramatic plunge in oil prices that began in March.

Oilfield services provider Halliburton Co on Wednesday slashed its quarterly dividend by 75%, the latest in a string of cost cutting moves to cope with the dramatic plunge in oil prices that began in March.

Oilfield services firm Halliburton has laid off roughly 1,000 employees, or 22% of staff, at its corporate headquarters in Houston, a company spokeswoman said on Wednesday, as oil prices collapse.

Oilfield services provider Halliburton Co <HAL.N> said on Friday it would cease most of its operations in Venezuela after the U.S. Treasury Department imposed tight new regulations on oil and gas companies doing business in the South American nation.

* HALLIBURTON CO - THROUGH DEC 1, CO ARE ONLY PERMITTED TO PERFORM SOME DEALS, ACTIVITIES NECESSARY FOR PRESERVATION OF ASSETS IN VENEZUELA

U.S. oilfield services giant Halliburton <HAL.N> on Monday reported a $1 billion first-quarter loss on charges and outlined the largest budget cut yet among top energy companies as U.S. crude futures plunged to two-decade lows.

Halliburton Co on Monday recorded $1.1 billion in impairment charges during the first quarter, lowered its spending forecast for the year, and gave a bleak outlook for North America activity as it grapples with an unprecedented decline in oil prices.

* HALLIBURTON CO SAYS CEO JEFFREY MILLER'S FY 2019 TOTAL COMPENSATION WAS $12.8 MILLION VERSUS $17.0 MILLION IN FY 2018 - SEC FILING

Oilfield services firm Halliburton Co said on Monday it was cutting about 350 employees in Oklahoma, according to a filing with the state, and that its executives would reduce their salaries amid a deepening oil price rout.

Oilfield services giant Halliburton on Monday said it will lay off an estimated 350 employees in Oklahoma, according to a filing with the state, as the spread of coronavirus and a price war between Russia and Saudi Arabia sent energy prices reeling.

Three rockets landed on Monday near U.S. oil service company Halliburton's site in Basra in southern Iraq, without causing casualties, the Iraqi military said in a statement.

Oilfield services firm Halliburton and Russia's Gazprom Neft have signed an outline agreement on technological cooperation to construct wells at the Achimov oil formation in Siberia, Gazprom Neft said on Thursday.

Oilfield services firm Halliburton <HAL.N> is accelerating its cost-cutting and will significantly reduce spending this year below its original $1.2 billion budget, its finance chief said on Tuesday.

Oilfield services firm Halliburton is accelerating its cost-cutting and will significantly reduce spending this year below its original $1.2 billion budget, its finance chief said on Tuesday.

Oilfield services firm Halliburton is accelerating its cost-cutting and will reduce spending below its original $1.2 billion budget, its finance chief said on Tuesday.

Top U.S. oilfield services provider Halliburton said on Tuesday it will furlough about 3,500 employees in Houston for 60 days as shale producers slash spending amid falling oil prices.