Forbes | What The Failed Halliburton-Baker Hughes Deal Means For The Oil Service Industry Forbes One of the biggest proposed mergers in the oil industry in recent years, the $35 billion deal between the two oil service giants Halliburton and Baker-Hughes, has been abandoned in response to opposition from the U.S. Department of Justice. Halliburton ... Another Reason Oil Deals Like Halliburton-Baker Hughes Won't Happen Obama blocks Halliburton's $28B oil patch deal Halliburton-Baker blowup reverberates beyond oil |