The journey by Baker Hughes, a GE Company, has been a bumpy one since it began operating two yearsago, but improvements are coming with a continued focus on innovation and technology for its global customers, CEO Lorenzo Simonelli said Tuesday.
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The executive board of the American Petroleum Institute (API), along with several Big Oil executives, met with President Trump and Vice President Pence at the White House on Thursday to discuss a range of issues that affect the oil and natural gas industry.
Baker Hughes Inc. has been riding a bit of a rough road as it casts off its North American pressure pumping business and prepares for the mega-merger with a unit of General Electric (GE), but the destination — a broader price recovery — is in sight, CEO Martin Craighead said Tuesday.
The massive workforce reduction that pummeled the global oilfield services (OFS) sector beginning in late 2014 has begun to reverse, particularly in North America, where activity in the onshore is quickly escalating, Rystad Energy said.
A unit of American Midstream Partners LP has placed the Midla Natchez Pipeline into service, a final step in the long-running saga of replacing the 91-year-old Midla pipeline system in Louisiana and Mississippi.
President Trump wants to make America great again, but for Enbridge Inc. CEO Al Monaco, that thinking should extend across the continent for oil and natural gas projects.
Activity across North America is on the “cusp” of recovery, but pricing improvements will be muted by overcapacity that threatens a near-term, full-throttled rally, Baker Hughes Inc. CEO Martin Craighead said Thursday.
TransCanada Corp. Tuesday dropped a plan to refill its natural gas Mainline by granting toll discounts as deep as 47% for delivering production from Alberta and British Columbia to Ontario and Quebec.
Fortifying its onshore assets with an offshore stake in the Gulf of Mexico (GOM), Houston-based American Midstream Partners LP anticipates a successful merger with JP Energy Partners LP and more growth to follow, American Midstream CEO Lynn Bourdon told analysts Tuesday on a 3Q2016 earnings conference call.
Federal agencies that have been hampering construction of Energy Transfer Partners’ (ETP) $3.8 billion Dakota Access oil pipeline should instead “abide by the well-established process and the law,” and allow the project to progress, according to more than 20 organizations representing energy and chemical companies and workers. In a letter sent Thursday to Secretary of the United States Army Eric Fanning, Secretary of the Interior Sally Jewell and Attorney General of the United States Loretta Lynch, the groups expressed “deep concerns over recent actions that took place in North Dakota to effectively ignore the rule of law in an attempt to halt infrastructure development,” despite court rulings upholding federal approvals for the project (see Shale Daily, Oct. 20; Oct. 14; Oct. 10; Sept. 19). “When your agencies upend or modify the results of a full and fair regulatory process for an infrastructure project, these actions do not merely impact a single company. The industries that manufacture and develop the infrastructure, the labor that builds it, and the American consumers that depend on it all suffer,” according to the letter, which was signed by organizations including American Gas Association, American Petroleum Institute, Association of Oil Pipe Lines, Independent Petroleum Association of America, Interstate Natural Gas Association of America, and Natural Gas Supply Association.