Halliburton Spies Profits to the East
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With even U.S. well stimulation activity increasing, Halliburton had a very solid quarter.
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Halliburton Co., the world&#39;s No. 2 oil field services company, posted a quarterly loss today as gains in its energy business were outweighed by $230 million in charges to fund its asbestos settlement.
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Halliburton said that second-quarter profit from continuing operations rose 19 percent, topping Wall Street views, helped by new international contracts
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The oilfield services provider said fourth-quarter profit rose almost 5 percent from a year ago, helped by growing business in the Eastern Hemisphere.
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Halliburton Co., the biggest US contractor in Iraq, is being investigated by the Federal Bureau of Investigation to determine whether the company received special treatment in winning
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Oilfield services company Halliburton Co  said on Monday that quarterly net profit rose 5 percent, helped by growth in its Eastern Hemisphere business and a lower tax rate.
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Federal investigators have uncovered what they describe as a sweeping network of kickbacks, bribes and fraud involving employees and subcontractors of KBR, the former Halliburton subsidiary.
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Halliburtonâs chief executive said it is gearing up to handle more oil field service work in the Middle East, Asia and Latin America, but pricing declines in North America are still a concern.
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Halliburton Co. said an internal probe uncovered information suggesting that members of a consortium it helps lead considered bribing Nigerian officials to win business.
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HOUSTON, July 23 -- Halliburton's profit more than doubled in the second quarter, getting a $933 million lift from the separation of a former subsidiary, KBR. Even without that gain, the results beat Wall Street's forecasts for the oilfield services contractor. Halliburton had a profit of $1.5...
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Saddam Hussein made $11 billion in illegal income and eroded the world's toughest economic embargo during his final years as Iraq's leader through shrewd schemes to secretly buy off dozens of countries, top foreign officials and major international figures,  said a new report by the chief U.S. weapons inspector released yesterday.
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Oil services company Halliburton Co   on Sunday said third-quarter net profit rose 19  percent, helped by a tax benefit, new international contracts  and higher activity from its customers.
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The FBI has expanded an investigation into allegations of contract irregularities by Halliburton Co. subsidiary Kellogg Brown & Root Inc. in Iraq and Kuwait.
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Oil giant faces new accusations of profiteering after reporting highest-ever annual profits by a UK company
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WASHINGTON -- The company that provided private interrogators at Abu Ghraib prison and elsewhere in Iraq yesterday reported a large jump in its earnings for the past year.
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Ivanhoe Energy is making discoveries, but its valuation is sky high.
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The Army awarded a contract worth up to $150 billion to feed, house and provide other services to U.S. troops in Iraq, Afghanistan and Kuwait, spreading among three companies work that recently had been linked to a single, controversial contractor: Halliburton.