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As oil plows through $45 a barrel, U.S. producers rush to lock in prices

The flurry of dealing kicked off when prices pierced $45 per barrel earlier in April. While it was not clear if oil prices will remain at current levels, it may also be a sign producers are preparing to add rigs and ramp up output. This

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As oil plows through $45 a barrel, U.S. producers rush to lock in prices

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Halliburton and Baker Hughes scrap $28 billion merger

Oilfield services provider Halliburton Co and smaller rival Baker Hughes Inc announced the termination of their $28 billion merger deal on Sunday after opposition from U.S. and European antitrust regulators. It is the latest example of a large merger deal failing to make it

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Halliburton and Baker Hughes scrap $28 billion merger