Egypt inks seven decarbonisation MoUs, including Idku flare study
Egypt has struck a number of agreements with energy companies around sustainability and reducing emissions, including at the Idku liquefaction plant.
GE
Total takes stake in next Qatari LNG expansion
TotalEnergies has signed up to take a 9.375% stake in Qatar’s next phase of LNG expansion, North Field South (NFS).
Breakthrough technology investment key to solving energy trilemma
Surging oil and gas prices and European supply uncertainty resulting from Russia’s ongoing attacks on Ukraine are the latest examples of the challenges and risks of global fossil fuel dependency.
North America: enterprising, dynamic and opportunistic
My eldest son is an aerospace engineer and lives and works in Seattle on the US West coast. He’s built a career in an industry which nowadays offers few opportunities in Scotland nor many in other parts of the UK.
Ichthys legal spat settled says KBR
KBR said it expects to receive a total of $271 million under a tentative settlement with a consortium that included GE and Australian construction giant CIMIC Group in a contract dispute over work at the Inpex-operated Ichthys project in Australia.
GE and Toshiba team up to tap Japanese offshore wind
GE Renewable Energy and Toshiba Energy Systems and Solutions have made a strategic partnership agreement to develop local manufacturing of GE’s Haliade-X offshore wind turbine in Japan as the market is set to boom.
GE touts ‘no regrets’ in gas for Africa
Developing gas and renewables together will provide a “no-regrets path” to cutting emissions and increasing electrification, GE Gas Power Sub-Saharan Africa’s CEO has said.
Jack Welch, former chairman and CEO of General Electric, dies aged 84
Jack Welch, the champion of corporate efficiency who built General Electric Co. into one of the world’s largest companies and influenced generations of business leaders, has died. He was 84.
Reasons for optimism: Taking stock of carbon reduction achievements and possibilities
As we enter a new decade, I’m sure I’m not alone in reflecting on matters that are personally important, together with major issues that impact on society, the environment and the economy.
GE brings in Maersk CFO to help tackle turnaround
General Electric (GE) hired Carolina Dybeck Happe as its next chief financial officer, giving top boss Larry Culp a new partner to help tackle one of the trickiest turnaround efforts in corporate America.
GE highly exposed to care insurance market, Fitch says
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.
OGUK director ready to stoke up debate at EV breakfast event
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.
Wind giants come together on safety
A consortium of 19 wind giants have come together to promote workforce health and safety in the onshore sector.
Baker Hughes GE closes 2018 with $195 million profit
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.
BHGE commits to net zero carbon emissions by 2050
Energy services giant Baker Hughes, a GE company (BHGE) today announced its commitment to eliminating its carbon dioxide emissions by 2050.
GE in crisis: four ways it could play out for an industrial icon
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.
GE makes deal to start selling Baker Hughes ownership sooner
Financially struggling General Electric has struck a deal to start selling its ownership of Houston's Baker Hughes sooner than expected.
GE removes CEO Flannery
Multinational energy conglomerate General Electric (GE) has removed chief executive John Flannery as the firm's financial woes worsen.
Starwood to buy a GE energy-finance business for $2.56bn
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.
BP appoints new non-executive directors
Oil giant BP has today announced the appointment of Helge Lund and Pamela Daley as new non-executive directors.
GE to sell off stake in Baker Hughes
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, GE wins Corpus Christi LNG deal
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.
WATCH: First GE wind turbine arrives for UK testing
A huge part of an offshore wind turbine has arrived at the Port of Blyth for testing in the UK.
Baker Hughes, GE in talks with Abu Dhabi on drilling stake
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.
GE remains committed to Baker Hughes for now
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.