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DRILLING

Halliburton warning for non-US markets

HALLIBURTON’S full-year operating loss for 2016 deepened to $US6.8 billion ($A8.9 billion) from just $165 million in 2015, amid warnings that the wider oil and gas world is yet to enjoy the optimism that has returned to North America.

Anthony Barich
Halliburton warning for non-US markets

  While its revenue was $200,000 higher than late 2015, its full-year revenue dropped to $7.7 billion from $15.9 billion the year before.   Excluding special items, its 2016 adjusted operating income...

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