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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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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