WORLD
September 9, 2006 | T. Christian Miller, Times Staff Writer
Halliburton Co. executives ordered a big-screen television and 10 large tubs of tacos, chicken wings and cheese sticks delivered to Iraq for last year's Super Bowl, then billed U.S. taxpayers for their party, according to a lawsuit unsealed Friday.
WORLD
January 17, 2004 | From Associated Press
Despite a Pentagon probe into alleged overcharging for fuel delivered to Iraq, the Army awarded Vice President Dick Cheney's former company a contract Friday to rebuild Iraq's oil industry. Halliburton won a competitive bid to rebuild the oil industry in southern Iraq, a contract worth up to $1.2 billion over two years, the Army Corps of Engineers said. Last March, shortly after the U.S.
NATIONAL
March 17, 2005 | Alan C. Miller and Tom Hamburger, Times Staff Writers
The Environmental Protection Agency's inspector general has decided to investigate a whistle-blower's complaint about the Bush administration's handling of hydraulic fracturing, an oil- and gas-drilling technique pioneered by Halliburton Co. The review was requested by Democratic lawmakers following a Los Angeles Times report in October that included the EPA employee's challenge of an agency study that found hydraulic fracturing posed "little or no threat" to drinking water.
BUSINESS
August 4, 2004 | Maura Reynolds, Times Staff Writer
Halliburton Co. agreed to pay a $7.5-million fine for alleged accounting irregularities in a case that pulled Vice President Dick Cheney off the campaign trail to provide sworn testimony to the Securities and Exchange Commission, the government and the company said Tuesday. The commission accused Halliburton of improperly failing to disclose a change in its accounting practices in 1998 that boosted its bottom line. Cheney was chief executive at the time. The company acknowledged no wrongdoing.
WORLD
February 13, 2004 | T. Christian Miller, Times Staff Writer
Halliburton has systematically wasted U.S. taxpayer dollars in its operations in Iraq and Kuwait, according to two of the company's former employees who have spoken to congressional investigators. The two, one of whom is to testify before a Democratic panel today, told investigators from the office of Rep. Henry A. Waxman (D-Los Angeles) that Halliburton supervisors created a culture of overspending in the firm's operations under a $3.7-billion contract to provide food and lodging to U.S.
BUSINESS
May 13, 1988 | From Reuters
Halliburton Co. agreed Thursday to buy Gearhart Industries Inc. for about $277 million in cash and stock in a deal that will give Halliburton a bigger foothold in "wire-line" oilfield services. Wall Street and industry analysts applauded the definitive merger agreement, which still must be approved by shareholders and debtors. But a major holder of Gearhart debt, oil-rig contractor Energy Service Co., indicated that it would not give up its own efforts to take over Gearhart.
WORLD
March 11, 2004 | T. Christian Miller, Times Staff Writer
The Pentagon's effort to rebuild Iraq came under the sharpest fire yet Wednesday from critics who described a process rife with poor oversight, questionable spending and long delays that endanger the country's security. A government audit memo and a briefing given to congressional Democrats indicated systematic problems in the contracts awarded to Halliburton Inc., the largest contractor in Iraq. And a senior U.S.
WORLD
January 29, 2005 | From Reuters
Halliburton Co. will pull out of Iran after its current contracts there are wound down, its chief executive said Friday. "The business environment currently in Iran is not conducive to our overall strategy and objectives," Chief Executive Dave Lesar said in a conference call. The Houston-based company, formerly headed by Vice President Dick Cheney, has been criticized for its work in Iraq, where it is the largest private contractor with revenue totaling more than $10 billion.
WORLD
January 24, 2004 | John Hendren, Times Staff Writer
Halliburton, Vice President Dick Cheney's former company, said Friday that it fired two employees who allegedly accepted kickbacks in return for helping a subcontractor overbill the Pentagon's Iraq reconstruction program by $6.3 million.
BUSINESS
October 30, 2003 | From Associated Press
Halliburton Co. will retain a no-bid contract in Iraq longer than expected, the Bush administration said Wednesday, citing sabotage of oil facilities for delays in replacement contracts. Halliburton's contract, valued at $1.59 billion so far, will be extended until December or January while the government receives and evaluates revised bids for replacement work that could total $2 billion.