The oil industry has some major restructuring and reorganization going on right now (as Double Crown mentioned in their recent news). This, of course, has caused many plans across the industry to be delayed over the past few months. The upside is that such restructuring efforts result in a better environment for the future which is more suited to the market needs and projects can move ahead again.
Here's the biggest development right for the oilfield services sector...
Shareholders Approve $35 Billion Deal Between Halliburton Company (HAL) And Baker Hughes Incorporated
Bidness Etc takes a look at the $35 billion merger deal between Baker Hughes and Halliburton approved by shareholders of the two companies.
By: MICHEAL KAUFMAN Published: Mar 30, 2015 at 12:11 pm EST
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