April 22, 2021 archive

Halliburton plunges on disappointing forecast for slowing growth

  After warning investors it didn’t anticipate much growth in the nationwide demand for oil-drilling and fracking services, Halliburton Co. tumbled in trading. Considered the world’s biggest provider of fracking services, Halliburton, the company that got its start in southern Oklahoma saw trading fall as much as 7.4% on Wednesday in the S&P 500 Index …

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North Texas wind farms sue Citigroup over charges from February winter storm

  A Canadian company that operates two north Texas wind farms filed suit this week against Citigroup Inc. for denying the firm’s force majeure declarations during the historic February storm and billing it more than $100 million for replacement power. Reuters reported Shannon Wind near Henrietta, Texas and Flat Top Wind near Comanche, Texas are …

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