General Electric Co. has “very high” exposure to the long-term care insurance market and is worse than average when it comes to the adequacy of reserves tied to those policies, according to Fitch Ratings.
An industry leader will look to stoke up the conversation about the UK oil and gas supply chain's ability to prosper in a “new reality” at a sell-out event during OTC week in Houston.
A consortium of 19 wind giants have come together to promote workforce health and safety in the onshore sector.
Despite a dramatic drop in crude oil prices during the fourth quarter, Houston oil field service company Baker Hughes, a GE company (BHGE) closed 2018 with a $195 million profit.
Energy services giant Baker Hughes, a GE company (BHGE) today announced its commitment to eliminating its carbon dioxide emissions by 2050.
General Electric Co. erasing $200 billion in market value would have seemed fantastical just a few years ago, but it has become reality amid accounting issues, weak demand, heavy debt and turmoil at the top.
Financially struggling General Electric has struck a deal to start selling its ownership of Houston's Baker Hughes sooner than expected.
Multinational energy conglomerate General Electric (GE) has removed chief executive John Flannery as the firm's financial woes worsen.
Barry Sternlicht’s Starwood Property Trust Inc. agreed to buy a General Electric Co. energy-finance business for $2.56 billion to expand beyond real estate holdings.
Oil giant BP has today announced the appointment of Helge Lund and Pamela Daley as new non-executive directors.
Multinational energy conglomerate Generel Electric (GE) plans to “fully separate” from the oilfield services subsidiary it acquired in a £23billion deal only a year ago.
Baker Hughes, a GE Company (BHGE) today announced a contract to supply turbomachinery equipment for the expansion of Cheniere’s liquified natural gas (LNG) facility in Corpus Christi, Texas.
A huge part of an offshore wind turbine has arrived at the Port of Blyth for testing in the UK.
Baker Hughes, a GE Company, is in talks with Abu Dhabi National Oil Co. to set up a partnership that could lead to the U.S. firm taking a minority stake in the state-owned energy giant’s drilling unit, according to people with knowledge of the matter.
Houston's Baker Hughes has some breathing room to focus on growth as the energy sector slowly rebounds now that General Electric is affirming its commitment to the oilfield services firm at least until next year.
Operating in some of the world’s most remote locations and under the harshest of conditions including rough seas and extreme temperatures, technologies for oil and gas applications need to meet incredibly high standards.
A strategic alliance has been agreed between GE and Arenko Group to build one of the world’s biggest energy storage systems in the UK.
Houston's Baker Hughes energy services company took in $5.8 billion in fourth-quarter revenues but posted a $29 million loss as it continues to integrate its merger with General Electric's oil and gas business.
The subsea sector is still clawing its way up from the bottom of the market curve, according industry veteran Neil Saunders
Technology giant ABB today announced the acquisition of GE’s global electrification solutions business for $2.6billion.
GE company, Baker Hughes (BHGE), answered a request from Nigeria LNG trains to improve the reliability of services in the African region.
Iraq and Baker Hughes have signed a contract for infrastructure to assist with the recovery of flare gas.
General Electric Co.’s new oilfield services behemoth is poised to capitalize on a recovery from the worst crude crash in a generation -- except no one is sure when that will actually happen.
General Electric Co.’s Steve Bolze, once a leading contender to succeed Jeffrey Immelt as chief executive officer, is leaving the company just days after missing out on the top job.
There has long been a dream in the oil and gas industry that robots would someday take over the industry’s most dangerous, laborious and expensive jobs.