The Halliburton Charitable Foundation has been helping others for 30 years.

The head of the U.S. Senate Foreign Relations Committee has asked America's top three oilfield services companies to explain why they continued doing business in Russia after its invasion of Ukraine.

Asian shares have advanced after Wall Street rallied to its best day in more than three weeks as companies reported strong profits for the past quarter.

HOUSTON – Houston-based Halliburton has laid off 1,000 workers at its headquarters. Company officials said in a statement released to KPRC 2 on Wednesday the layoffs were due to “the unforeseeable, dramatic” downturn in energy markets caused by the coronavirus. “The reductions are in addition to layoffs across the Company’s global operations,” the statement read. “These actions are difficult but necessary as we adjust our business to customers’ decreased activity.”This is just the latest round of layoffs the company has made since announcing a 60-day furlough of 3,500 workers in March. More than 200 workers at Halliburton facilities in Oklahoma and 36 workers at a facility in Louisiana were laid off in April.

HOUSTON – Oilfield services giant Halliburton has closed down two sites in Texas and laid off 240 employees in Oklahoma in response to reduced customer activity due to plummeting oil prices. But a Texas Workforce Commission notice says 233 workers have been laid off at the Kilgore facility. On Tuesday, Halliburton laid off 240 employees from a service center in Duncan, Oklahoma, according to the Oklahoma Office of Workforce Development. The company laid off 350 personnel at the same facility earlier this month. The company has laid off nearly 1,500 employees from Texas, Oklahoma, Colorado and Louisiana in April, filings with state officials show.

The money pay is supposed to help you out until you can get another job. "‘This is where we can cut.’ Do that as part of a severance package. “Once you leave the company, you’re going to have an expiration date on those options,” Rosso said. Fund your healthcare savings accountLastly, if you haven’t funded your healthcare savings account, consider using some of your severance pay to do that. He has more ideas to consider if you are risk of getting a severance package here.

HOUSTON – The coronavirus pandemic has forced businesses big and small across the country to close locations because they are non-essential or simply because they cannot afford to stay open with the dramatic drop in customers. Over 3 million people have filed for unemployment due to being laid off or furloughed. Here are just a few of the businesses that have had to make tough calls. Phillips 66: According to the company’s website, it is making a $700 million spending cut. The company is also reducing operating and administrative costs by $500 million, and multiple projects will be deferred.

HOUSTON – Top U.S. oilfield services provider Halliburton confirmed to KPRC 2 Tuesday that the company will be laying off several workers. The company issued a statement that said:Halliburton confirms we are significantly reducing our workforce. As we make workforce reductions, we are taking numerous other actions to reduce our costs, including reducing the salaries of the Halliburton Executive Committee. When the coronavirus pandemic first broke out and oil prices saw a dramatic drop, the company told KPRC 2 it would furlough 3,500 employees in Houston for 60 days as shale producers slash spending amid falling oil prices. Non-conventional producers are expected to reduce their investments by 25-50% of planned spending this year, according to a report by Oil and Gas Magazine.

Halliburton is laying off more than 800 employees in El Reno, Oklahoma, and says it expects to close its office in the Oklahoma City suburb. Oklahoma Office of Workforce Development spokesman David Crow says the agency was notified of the layoffs and apparent closure of the office, effective Monday. A Halliburton Energy Services Inc. spokeswoman tells The Associated Press the company will provide additional information “by midday” Tuesday. We made this decision in response to reduced activity levels in Oklahoma and the greater Mid-Continent area. “While the majority of employees were offered relocation, Halliburton also reduced its workforce in El Reno.

This week, the deal's closure was again stalled by European regulators as EU anti-trust officials halted their investigation saying that information is missing from their requests. The EU commission has expressed concerns about competition being reduced by the deal. This week, Bloomberg reported that Total CEO Patrick Pouyanne voiced concerns over the deal. When asked if he voiced his opinion on Halliburton planning to buy Baker Hughes, he said, "I’m doing my job." Other companies that have been vocal in their opposition of the merger include Chevron Brazil and Sonangol.