I suppose the moderately big corporate news is last week's announcement of a merger between Schlumberger and Smith International. And in a not unrealted move, that announcement came shortly after a new COO was named along with some interal restructuring.
They can call it a merger instead of a Borg-like acquisition, but that seems like semantics to me. Impact to me is essentially zero for now though I can envision a bit of a trickle down as a result of the joint venture Schlumberger and Smith had called MI-SWACO.
As for movements, everything in motion, but for discussion later. For now, let's just see a show of hands of people in California who I need to visit.