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Baker Hughes

  • In the News

    US Drillers Reduce Oil, Gas Rigs for Second Consecutive Week

    by Victor Adetimilehin September 28, 2024
    by Victor Adetimilehin September 28, 2024

    U.S. drillers cut the number of oil and gas rigs for the second consecutive week, bringing the total rig count to its lowest since early September, as companies focus on …

  • In the News

    Baker Hughes Cuts North America Outlook, Banks on Global Growth

    by Victor Adetimilehin July 28, 2024
    by Victor Adetimilehin July 28, 2024

    Baker Hughes cuts North American spending outlook due to reduced drilling activity but raises full-year revenue forecasts, banking on robust international growth and gas equipment demand.

  • In the News

    US LNG Permit Pause: Global Gas Market to Adapt, Says Industry Leader

    by Victor Adetimilehin March 22, 2024
    by Victor Adetimilehin March 22, 2024

    The US pause on new LNG export permits has raised questions about meeting future global demand. Industry leader Baker Hughes says the gap will be filled by other countries like …

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