Justice Department Set to Block Oil Merger

The U.S. Justice Department is preparing to the stop the merger of Halliburton Co. and Baker Hughes Inc., according to the Wall Street Journal. The nearly $35 billion deal was struck to merge to the world’s second and third largest oil commodities. The impeding lawsuit would be the largest opposition the deal has faced since […]

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Halliburton CEO Expects Shale to Reverse Oil Price Slump

Fuel Fix Halliburton CEO Dave Lesar is joining the chorus of oil executives who say they aren’t worried about falling oil prices, and expect them to climb next year. “Despite what people are thinking, demand is creeping up, albeit at a lower rate than it has been,” he said. The downward pressure on prices is […]

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