This comes as fracking has emerged as an important issue in the 2024 presidential election. Simonelli says that his company Baker Hughes takes a balanced outlook on working with either candidate ...

Top U.S. oilfield services firms are facing weaker pricing and revenue this year as oil producers become increasingly efficient and keep a cap on spending, according to oilfield executives and ...

The partnership will enable GE to harness Baker Hughes’ expertise in drilling and fracking wells, while avoiding a costly full acquisition “Oil and gas customers demand more productive solutions. This ...

U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for the first time in eight weeks.

U.S. oilfield technology firm Baker Hughes beat Wall Street estimates for fourth-quarter profit on Thursday, as robust demand for natural gas equipment and services helped offset weak sales of its ...

U.S. producers, mainly shale companies which led a fracking revolution that unlocked ... according to oil service provider Baker Hughes (O:BKR). In the Permian basin, the top U.S. oilfield located ...