HOUSTON, Texas — U.S. oil field services company Baker Hughes said Saturday that it was suspending new investments for its Russia operations, a day after similar moves were announced by rivals Halliburton Co. and Schlumberger. The steps from the Houston-based businesses come as they respond to U.S. sanctions over Russia’s invasion of Ukraine. In its statement, Baker Hughes, which also has …
Read More »Houston-based business, Baker Hughes joins oil rivals in pausing Russian operations
March 20, 2022