Thursday, August 19, 2010
Halliburton Co. said on Wednesday that it has gotten a letter of intent from Shell Iraq Petroleum Development BV that would make Halliburton the project manager for developing the Majnoon field in southern Iraq.
Halliburton said it wold be working with Nabors Drilling and the Iraq Drilling Company. The contract needs final approval by Iraqi authorities, Halliburton said.
Iraq reached a deal with Shell in January to develop the mammoth oil field, along with partner Petronas, Malaysia's state-run oil company. Shell and Petronas plan to raise production in the field from the current 45,900 barrels per day to 1.8 million barrels per day over 10 years.
Halliburton shares rose 9 cents to close at $28.79 on Wednesday.
Wednesday, August 18, 2010
Sunday, August 15, 2010
He’s often unresponsive and sometimes hostile to the press. His adversarial barking has only heightened tensions with a press that was once lampooned for fawning over his boss.
Fox built up a Republican president; MSNBC is trying to make its reputation by tearing down a Democratic one.
Obama and Gibbs are upset that the lefties won’t recognize the necessity of compromise. The left is snapping back: What necessity? You won 365 electoral votes. You have both houses of Congress. And bipartisanship is an illusion.
Some liberals, like the president, felt he could live without the public option, whereas lefties thought the public option was essential.