Latest News Updates From David Wethe

GovernmentBusinessFuel

Oil-Services Investors Unmoved by Latest US Sanctions on Russia

Investors of the world’s biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia.

April 9, 2018
Business

US Oil Rebound Hits Roadblock, Lack of Truckers

Five years ago, the thought of $55-a-barrel oil would have given Piotr Galitzine heartburn. Now it’s keeping one of his steel-pipe shops in Houston open 24/7 and fueling a flurry of orders.

March 7, 2017
Business

Schlumberger to Buy Cameron in $14.8 Billion Oil Services Deal

Schlumberger Ltd., No. 10 on the Transport Topics Top 100 list of private carriers in North America, agreed to buy Cameron International Corp. for $14.8 billion, allowing the world’s largest oil field-services provider to bundle its offerings and gear more effectively.

August 26, 2015