Steep declines in the North American market were in part behind the 9 percent decline in revenue, oil field services company Halliburton said. Halliburton, which provides services to the drilling and production side of the energy sector, reported a $28 million loss for the fourth quarter , against a profit from the previous year’s quarter of $901 million. Total revenue was down 9 percent. “North America revenue declined 39 percent compared to 2014, as a result of unprecedented declines in activity, with the U.S. land rig count ending the year down 64 percent from the 2014 peak,” Halliburton President Jeff Miller said in a statement. Halliburton is the second-largest company of its kind behind Schlumberger , […]

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