Evolution Well Services has landed a 24-month deal providing electric fracking services to an unnamed onshore oil and gas producer beginning this quarter.
Libya's eastern warlord kept virtually all of the nation's oil fields shut in a show of defiance after world leaders failed to persuade him to sign a peace deal.
Oil jumped back above $65 a barrel as supply disruptions in Iraq and Libya reignited concerns over the market's vulnerability to geopolitical risk in key production regions.
WTI and Brent crude oil futures posted small gains Friday but are down slightly for the week.
Wall Street Journal
Commercial News
1/20/20
WSJ.com: US Business
Hospitals Give Tech Giants Access to Detailed Medical Records It isn?t only Google that can tap into patients? digital health records: Microsoft and IBM also have signed agreements with major hospital systems giving them the ability to access patients? identifiable data.
Sears Woes Hit Hometown Stores Since Eddie Lampert acquired the chain, store owners have struggled to get products and compete with lower prices from sears.com, causing some to consider leaving their contracts.
Google Pushes 'Sensible' Ideas for How to Regulate AI Silicon Valley executives and lobbyists like to say they embrace regulation. Now they?re launching a frenzy of lobbying on what they want that regulation to be?and Europe is set to be one of the first battlegrounds.
Foreign Investment Falls to Near-Decade Low as Globalization Slows New overseas investment by businesses around the world fell for the fourth-straight year in 2019 to its lowest level in almost a decade, pointing to a slowdown in globalization as the world-wide economy cooled.
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Charles Elfsten, President
Charles A. Elfsten
