Ex-KBR official gets 30 months in prison
A former KBR chief executive who oversaw a massive bribery scheme to induce Nigerian officials to award $6 billion in refinery contracts was sentenced Thursday to a 30-month prison term.
View ArticleKBR profits drop 67 percent
KBR reported a 67 percent plunge in fourth-quarter earnings, capping what Chief Executive Officer Bill Utt called "a disappointing year" for the Houston-based company.
View ArticleKBR’s CEO to retire
KBR CEO William Utt will retire next year, the company announced Monday.
View ArticleKBR reports income up after restructuring that cut 1,000 jobs, 11 business...
The company announced a major restructuring of the business last December that includes 1,000 job cuts and a reduction in business segments to five from 16 that it said will result in a $200 million...
View ArticleCOMMENTARY: Silence is not golden when it comes to whistleblower law
The recent federal action against Houston-based KBR for an overly broad confidentiality clause that could stifle whistleblowing employees reverberated through the corporate corridors of America.
View ArticleKinder Morgan LNG export project applies for FERC approval
Kinder Morgan is seeking Federal Energy Regulatory Commission to build the $8 billion LNG export project near Pascagoula, Mississippi. The applicants are seeking FERC approval no later than June 17, 2016.
View ArticleWood Group partners with Koch Industries to convert Texas refinery for Eagle...
The $600 million "Project Eagle Ford" by Koch's Flint Hills Resources subsidiary is part of a growing trend as more Gulf Coast refineries move to utilize cheaper, nearby domestic shale crude.
View ArticleShell’s top Arctic exec is retiring, will join KBR board
Shell ended its $7 billion Arctic venture after the exploratory well it drilled in Alaskan waters of the Chukchi Sea failed to find significant amounts of oil and gas.
View ArticleKBR wins Louisiana LNG contract
The Houston-based engineering and construction firm is focusing on opportunities in natural gas as oilfield activity slows.
View ArticleKBR buys Honeywell governmental business HTSI
KBR said Monday it's buying Honeywell's Maryland-based governmental services business, Honeywell Technology Solutions Inc., called HTSI. The move comes shortly after KBR bought another government...
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