Tag: Halliburton

Halliburton Posts Q3 Profit as Drilling Rebounds, Eyes Jump in Customer Spending

October 20, 2021
Business & EconomyCompaniesEconomiesHalliburtonMarketsoil pricesoilfield
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Oilfield firm Halliburton Co. on Tuesday posted its third consecutive quarterly profit and said customer spending in the United States could jump 20 percent next year, as stronger oil prices and drilling activity boost demand for services and equipment. Oil prices have rallied to multi-year highs with global crude futures climbing 4.5 percent in the…

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Military Contractors Raked in $4.4 Trillion Since 9/11: Study

September 16, 2021
Dick CheneyHalliburtonmilitary spendingNational SecurityPoliticsprofiteeringUSUS News
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The Pentagon has spent some $14.1 trillion over the last 20 years, at least $4.4 trillion of which has gone to military contractors, according to a new study from the Center for International Policy. The Center for International Policy released the research (pdf) in conjunction with The Costs of War Institute on Sept. 13, noting that many studies have…

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