Oil Drilling Recovery Unlikely This Year, Baker Hughes Says
Baker Hughes Co. lowered its expectations for U.S. shale activity, saying an anticipated recovery in oil drilling is no longer likely this year.
July 26, 2024Baker Hughes Takes a Stake in Synthetic Natural Gas Startup
Baker Hughes is taking a 15% stake in a startup that aims to produce natural gas from hydrogen and carbon dioxide, the oil field service company’s latest move to invest in technology designed to capture emissions.
June 28, 2021Baker Hughes Sees Up to Four LNG Investment Decisions in 2021
Baker Hughes Co. expects as many as four liquefied natural gas projects globally to move to a final investment decision this year amid a global revival of the fuel after last year’s pandemic-induced collapse.
January 21, 2021Baker Hughes Bracing for Second Wave of COVID-19 Lockdowns
Baker Hughes Co. is bracing for a second wave of pandemic-induced lockdowns after the virus crippled economic activity around the world and compounded a historic oil bust.
July 22, 2020Diesel Climbs Again, Rises 2.3¢ to $2.996 a Gallon
The U.S. average retail price for diesel jumped 2.3 cents to $2.996 cents a gallon, the U.S. Department of Energy reported, while crude hovered near $62 a barrel amid political tensions in Iran and a decline in active U.S. oil wells.
January 8, 2018