World’s biggest oilfield contractors are quitting future Russia works
The world’s three biggest oilfield service providers are halting future work in Russia, in response to President Vladimir Putin’s invasion…
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Baker Hughes
Industry coalition calls for hydrogen blending into gas
More than 90 energy companies, equipment manufacturers and gas network operators have called on the European Commission to consider hydrogen…
GE profit slumps by 60%, investors await new CEO’s targets
General Electric Co’s (GE.N) profit fell nearly 60 percent in the second quarter and it put off an expected “reset”…
Ellen Wald: 2017 energy outlook – 4 must-follow focuses for investors
There are four important focuses for investors this year, writes Ellen R. Wald for Forbes. First of all, investors should…
GE to merge oil and gas business with Baker Hughes
General Electric, banking on a recovery in oil prices, said it would merge its oil and gas business with No.…
Halliburton and Baker Hughes stopped their 28 billion dollars merger
US and European Union (EU) competition authorities ended the merger between Halliburton and Baker Hughes, global providers of oilfield services,…
Halliburton to buy Baker Hughes for about USD 35 bln
Halliburton Co will buy Baker Hughes Inc for about $35 billion in cash and stock, creating an oilfield services behemoth…