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Baker Hughes to Buy Back $2 Billion in Shares
2021-07-30 23:30:00| OGI
The move by Baker Hughes comes as oil and gas companies keep their focus on shareholder returns over spending to expand production, even as crude prices climb to their highest levels since 2018.
Baker Hughes Profit Falls 9% from Q1 as Oilfield Services Demand Remains Tepid
2021-07-21 15:18:44| OGI
Oilfield services provider Baker Hughes Co. said on July 21 its adjusted profit fell 9% in the second quarter from the previous three months and it missed Wall Street estimates for earnings, as crude producers kept a tight lid on spending.
Tags: services
remains
falls
demand
Baker Hughes Bags Deal from Petrobras for Flexible Pipes across Five Offshore Fields
2021-06-30 15:55:38| OGI
Baker Hughes has been awarded two flexible pipe contracts by Petrobras in the second quarter of 2021, the company said on June 30.
Tags: deal
fields
flexible
bags
Baker Hughes Invests in Synthetic Natural Gas Startup
2021-06-29 21:05:00| OGI
As part of the investment, Baker Hughes will acquire a 15% stake in the startup Electrochaea, which the company said will enhance its broader carbon capture and utilization portfolio.
Tags: natural
gas
baker
hughes
Baker Hughes Bolsters Energy Transition Commitment with New Carbon Capture Partnership
2021-06-23 21:30:00| OGI
Participation in the new partnership will give Baker Hughes the ability to test and scale its carbon capture, utilization and storage technologies portfolio, the Houston-based company said.
Tags: energy
partnership
commitment
capture
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