Houston Matters

Why The Halliburton And Baker Hughes Merger Failed

Last week two of the world’s biggest oilfield services companies called off an estimated $28 billion merger.

In November 2014, Halliburton and Baker Hughes announced a merger that would create a new oil industry giant right here in Houston.

Last week, it was scuttled.

Why? And what’s the impact on the region’s economy?

Houston Matters Host Craig Cohen sat down with oil industry expert Loren Steffy for some answers. Listen to the conversation in the above player. 

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Craig Cohen

Executive Producer/Host, Houston Matters

Craig Cohen is the executive producer and host of Houston Matters, which airs weekdays at 9 a.m. and 7 p.m. on Houston Public Media, News 88.7 FM. Craig is a 20+ year veteran of broadcast journalism. He's spent the bulk of his career in public media, in roles ranging from programmer...

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