During quarter 3, 2013 net profit of the US Halliburton Corporation increased by 17.2% and totaled $ 708 million against $604 million during the same period a year earlier, reads the report released by the company.
Halliburton’s total profit increased by 5.1% and totaled $7,472,000,000 against $7,111,000,000 in quarter 3, 2012. From July to September 2013 total operation profit of Halliburton totaled $1,108,000,000, while during the same period in 2012 it totaled $954,000,000.
Halliburton, one of the world biggest oil service companies, was founded in 1919. The company operates in 80 countries and it has about 75,000 employees.—0—
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
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Data on Azerbaijan's oil exports for January-October 2024 reveals a significant drop in both volume and value compared to the same period last year, highlighting the challenges facing the oil-dependent economy. The country exported 495,484.05 tons of oil products worth $309.02 million, a decrease of 40.3% in value and 40.7% in volume compared to 2023, when exports totaled 925,225.07 tons worth $572.21 million.
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