Bob Dudley: We faced-up to ‘oblivion’
BP’s chief executive Bob Dudley explained how his chief economist relies on a ‘crystal ball’.
GE
GEAM17: The time to be disruptive is now, says GE
The industry cannot afford to wait to be “disruptive” any longer, said GE Oil & Gas president Lorenzo Simonelli.
Promoted: TechTalks – be part of the conversation
TechTalks is an online, topic-based discussion platform for oil and gas professionals. The topics typically revolve around industry trends – current and future – with the aim of sparking new ideas that will drive innovation in the oil and gas industry.
Boston Celtics pick GE as data, analytics partner
The Boston Celtics will look to General Electric (GE) to give the outfit’s basketball players an edge over their opponents.
Promoted: Watch- How industrial internet solutions improves safety offshore
Take a look at how Industrial Internet Solutions are optimizing production with data to improve performance and safety.
Promoted: GE wins scoops honour at Saudi Aramco’s IKTVA Excellence Awards
GE celebrated receiving a major honour in recognition of its support for the development of a Saudi supply chain ecosystem that serves global markets.
GE proposes investment in Nigerian oil refineries
General Electric has proposed investing in Nigeria's oil refineries.
GE reports 36% jump in Q4 earnings
General Electric reported a 36% jump in fourth quarter earnings for 2016.
2016: The year of the mega-merger
From Shell and BG to Baker Hughes’ multiple suitors, 2016 saw a major shake-up in sector’s players line-up. Find out who decided to combine their lots and who ditched the talk in the gallery below. Click “Read Article” to see the report in full. 2016 Mergers
BP pilots GE’s platform ‘Fitbit’ technology
BP is piloting a new piece of kit, likened to a Fitbit for oil and gas assets, on one of its platforms in the Gulf of Mexico.
Baker Hughes deal might help GE’s CEO actually earn his awards
General Electric Co. is on a years-long quest to refocus on industrial-equipment manufacturing while shedding its financial operations -- a move that hasn’t been kind to Chief Executive Officer Jeffrey Immelt’s wallet.
Dozens of jobs at risk at GE’s Montrose base
Dozens of workers in Montrose were told they are at risk of losing their jobs on the day their company created a $32 billion oil business.
GE approached Baker Hughes same day Halliburton merger fell apart
The same day that the $28 billion Halliburton Co.- Baker Hughes Inc. deal collapsed, Lorenzo Simonelli fired off an e-mail to Martin Craighead at Baker Hughes.
GE in talks with Baker Hughes on partnership
General Electric Co. is holding discussions with Baker Hughes Inc. on potential partnerships that would bring together an industrial equipment behemoth with one of the oil industry’s largest service providers.
GE cuts outlook as sluggish economy crimps industrial demand
General Electric Co. cut its 2016 forecast for organic sales growth as the industrial giant grapples with sluggish economic growth that is crimping demand for its products.
Opinion: Four trends that are shaping the service industry for renewable energy
This past year has been extraordinary for renewable energy; the Ren21 Renewables 2016 Global Status Report shows the largest global capacity additions seen to date. As investment in solar, wind and hydro continues to increase and new technologies come to market, the industry’s service needs are rapidly changing. And, in an industry where the life cycle of a solution is critical, service is becoming an increasingly important part of operations.
GE to buy LM Wind Power for $1.65billion
General Electric (GE) plans to buy LM Wind Power from private equity firm Doughty Hanson for $1.65billion.
Opinion: How a diamond-like material could help solar shine
While the word diamond usually conjures up thoughts of expensive rings and show-stopping necklaces, we at GE have other ideas. Deep inside GE’s Global Research Center, our scientists have been developing a revolutionary new material, which we anticipate will have extraordinary benefits for the solar industry.
Opinion: Improving power quality to meet future energy needs
Future airline and ships will be powered by data, but many more will be powered by electricity. The electric car has made its flashy debut and hit the road; the solar-powered electric plane recently completed its round-the-world trip.
Trump’s stock investments reveal cash in Phillips 66, GE
Republican Presidential candidate has been revealed to have a number of stock investments In energy companies.
GE tops profit estimates as power gains counter sluggish economy
General Electric Co. reported second-quarter profit that beat analysts’ estimates as surging sales in energy units helped the industrial giant counter the impact of a sluggish economy.
GE appoints new CEO for power business
GE today named Azeez Mohammed as the new chief executive of its Energy Connections’ Power Conversion business.
NOV and GE strike digital FPSO deal
National Oilwell Varco (NOV) and GE Oil & Gas have struck a deal to collaborate on digital solutions for Floating Production Storage and Offloading (FPSO) vessels.
GE to make 360 job cuts from Texan operations
General Electric is to reduce its headcount in Texas by another 360 positions as the decline in oil price continues.
Study shows huge potential of exploitable pumped hydro energy
A new study has revealed a massive 2,291GWh of development-ready sites with existing reservoirs for new pumped hydro energy storage plants in Europe