Halliburton's current CEO will step down on June 1, and his replacement has already been found, reports Reuters.
And when Dave Lesar passes on the torch, it will hardly be a new face leading the US-based oil service company forward.
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European lawmakers demand action to rein in gas prices, and the EU Commission has drafted a plan. However, gas prices constitute tricky puzzle: No matter how it’s approached, Europe faces an energy shortage in the next six months. The only way to help consumers is through aid, but this is a potentially costly and dangerous path, says analyst.