Halliburton posts first operating profit in North America in a year

BENGALURU: Halliburton Co, the world’s No. 2 oilfield services provider, reported its first quarterly operating profit in North America in a year as oil producers put more rigs back to work in North American shale fields.

The company, however, warned of weakness in markets outside North America, echoing comments made by larger rival Schlumberger last week.