Posts Tagged
Russia
Bloomberg Business: Sanctions Don’t Bar Oil-Service Giants Bidding in Russian Arctic
Copyright 2015 Bloomberg. Dina Khrennikova and Andrey Lemeshko (Bloomberg) — U.S. and European suppliers to the oil industry are still able to seek work in Russia’s Arctic despite sanctions designed to limit their involvement because the rules don’t apply to foreign subsidiaries. Schlumberger Ltd., based in Houston and the world’s largest
Bloomberg Business: Putin Lets Russian Consumers Feel the Pain as Economy Succumbs
Copyright 2015 Bloomberg. NJTUTD6S9728 (Bloomberg) — Russian households are bearing the brunt of the blowback from the crisis in Ukraine and a tailspin in oil prices, setting the stage for the biggest drop in consumption in more than two decades that will deepen the country’s recession. Crushed by a 45
