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Stay current with all the latest and breaking news about Baker Hughes, compare headlines and perspectives between news sources on stories happening today. In total, 30stories have been published about Baker Hughes which Ground News has aggregated in the past 3 months.

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Top Baker Hughes News

US Oil Drillers Continue to Back Off On Price Slump

Baker Hughes · United States

US Oil Drillers Continue to Back Off On Price Slump

100% Center coverage: 1 sources

The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Thursday, following a 7-rig decrease in the week prior. The total rig count in the US fell by 8 to 539 rigs, according to Baker Hughes, down 46 from this same time last year. The number of oil rigs fell by 7 to 425 after falling by 6 during the previous week—and down by 54 compared to this t…See the Story

US Oil and Gas Rig Count Down for 11th Week to Lowest Since 2021, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

Baker Hughes · United States

US Oil and Gas Rig Count Down for 11th Week to Lowest Since 2021, Baker Hughes Says - Energy News, Top Headlines, Commentaries, Features & Events

(Reuters) – U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time since July 2020 when the COVID-19 pandemic cut demand for the fuel, energy services firm Baker Hughes said in its closely followed report on Friday. The oil ...See the Story

U.S. rig count decreased by 2 is at 537 – Oil & Gas 360

Baker Hughes · United States

U.S. rig count decreased by 2 is at 537 – Oil & Gas 360

This week’s Baker Hughes Rig Count shows that the U.S. decreased by 2 over last week, resulting in a total count of 537 rigs. Canada had an increase of 11 over last week, resulting in a total Canadian count of 162 rigs. Breakdown by region Of the regions tracked by Baker Hughes, only the Haynesville region experienced an increase this week. Meanwhile, 2 regions experienced a decrease this week: The Ardmore Woodford is at 1, down 1. The Cana Wood Read Article

Gulfstream LNG submits FERC application

Gulfstream LNG said in its application dated July 7 that it requests the Commission to issue an order granting the authorization to site, construct, and operate the liquefaction and export facility by no later than December 31, 2026 to allow the company to commence commercial exports by early 2030. In May 2024, Gulfstream LNG received approval from FERC to start the pre-filing permitting process, kicking off the regulatory review for its propose…Baker Hughes · Belle Chasse Read Article

Coterra Shifts Its View on Oil, Again. Here Are Our 3 Takeaways as Investors in the Stock

100% Center coverage: 1 sources

CEO Thomas Jorden shared the company's decision not to reduce its oil rig count at an energy conference earlier this week.Baker Hughes · United States See the Story

Deal Dispatch: Boston Red Sox Owner Sets Sights On La Liga Club, At Home Files For Bankruptcy - Apple (NASDAQ:AAPL), Baker Hughes (NASDAQ:BKR)

100% Center coverage: 1 sources

New On The Block Spanish La Liga club Getafe is considering a sale, per The Telegraph. On the buyside is Fenway Sports Group (FSG), the Boston-based firm led by billionaire John W. Henry. FSG already owns Liverpool FC, the Boston Red Sox and Pittsburgh Penguins. Ángel Torres, Getafe's current owner, intends to leave the club once he renovates Estadio Coliseum. The club expects the project to wrap by December 2027. That timing could suit FSG, whi…Baker Hughes · Getafe Read Article

Baker Hughes acquires Continental Disc Corp. for pressure management solutions

Baker Hughes has acquired Continental Disc Corp., a differentiated leader in pressure management solutions.Baker Hughes Read Article

Nat’l Rig Count Drops 4 @ 555; Marc. Even @ 24, Utica Even @ 12 - Marcellus Drilling News

Last week, for the seventh week in a row, the Baker Hughes U.S. rig count dropped, down another four rigs to its lowest level since November 2021. The national rig count is in free fall at this point, with no end in sight. However, the Marcellus/Utica count remained the same, at a combined 36 active...Baker Hughes · Pennsylvania Read Article

Access Financial Services Inc. Sells 10,356 Shares of Baker Hughes (NASDAQ:BKR)

100% Center coverage: 1 sources

Access Financial Services Inc. lowered its position in Baker Hughes (NASDAQ:BKR - Free Report) by 22.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,513 shares of the company's stock after selling 10,356 shares duriBaker Hughes Read Article

Global LNG Production Capacity Expected to Reach 950 Million Tons in 10 Years

100% Right coverage: 1 sources

Baker Hughes CEO Lorenzo Simonelli predicts that global liquefied natural gas (LNG) production capacity will rise to 950 million tons annually by 2035. In an interview with Bloomberg News, Simonelli shared his expectations regarding global LNG production capacity. In the interview, Simonelli stated that increasing demand for LNG and the launch of new projects are expected to raise annual production capacity to 950 million tons by 2035. He noted …Baker Hughes · United States See the Story

Baker Hughes awarded Equinor contract for P&A work in North Sea – Oil & Gas 360

(World Oil) – Baker Hughes will provide Equinor plug and abandonment (P&A) services in the Oseberg East field on Norway’s continental shelf. Baker Hughes’ Mature Assets Solutions team will lead the integrated P&A campaign planning phase, as well as delivering integrated P&A services in execution across several wells in the North Sea. Baker Hughes has a history of successful integrated P&A projects, as well as its innovative portfolio of Mature AsEquinor · Norway See the Story

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