Suppliers

Halliburton books billion dollar loss

Major US oil company Halliburton is struggling with customers who are hesitant to spend money, as well as declining oil prices.
Photo: David Zalubowski/AP/POLFOTO
Photo: David Zalubowski/AP/POLFOTO
BY RITZAU FINANS

Just days after the news of a failed merger with a competitor, a transaction that was valued at several billion dollars, major US oil company Halliburton has taken yet another hit. The company is struggling with customers who are unwilling to, as well as sliding oil prices.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs