If Guaidó comes to power and privatizes PDVSA, U.S. oil companies — with Chevron and Halliburton leading the pack — stand to make record profits in the world’s most oil-rich nation, as they did in Iraq following the privatization of its national oil industry after U.S. intervention.
A massive leak of confidential documents has for the first time exposed the true extent of corruption within the oil industry, implicating dozens of leading companies, bureaucrats and politicians in a sophisticated global web of bribery and graft.
Stuff - - In the list of the world's great companies, Unaoil is nowhere to be seen. But for the best part of the past two decades, the family business from Monaco
Some experts have pointed out an alarming trend in which the U.S. Supreme Court is cutting off individuals’ access to the justice system. They say that if the court finds with Halliburton in a particular class action suit, it could be the final nail in the coffin.
WASHINGTON --- The U.S. Supreme Court this week heard oral arguments in a case that could overturn a quarter-century of precedent, severely weakening the ability of shareholders to band together to sue corporations over fraud.
The case brought against oil
“The most recent decision allows KBR to escape liability, claiming trafficking occurred outside of the territorial US.”
WASHINGTON --- A federal judge in Texas has abruptly halted a long-running court battle brought by the families of 12 Nepalis killed while working for a U.S. military contractor in Iraq in 2004.
The families of the 12 men had been asking the courts to allow them to sue Kellogg, Brown & Root, the former subsidiary
The former Halliburton manager instructed employees to delete data for contract work on a blown-out BP well.
NEW ORLEANS (AP) — A former Halliburton manager faces a possible prison term when a federal judge sentences him for destroying evidence in the aftermath of BP's massive 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, of Katy, Texas, was scheduled to be sentenced Tuesday by U.S. District Judge Jay Zainey. Badalamenti pleaded guilty
For all the talk of free markets and cutting deficits, American taxpayers are picking up a lot of tabs for their corporate bosses.
While corporations are often painted as the independent drivers of the U.S. economic system, the beacons of small government success aren’t always void of government help, with some reaping success at the hands of taxpayers.
In 2012, the government spent just shy of $50 billion on public service programs, including
Sorry, Mr. Trump, but white people commit violence, too — they just do it with wars and workplace accidents. But that’s beside the point.
Donald Trump can always be counted on for a certain perspective. So when he, without context, asserted that our nation’s violent crime problem generates almost exclusively from the Black and Hispanic communities, it came as no surprise.
