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News in-depthWeek in Review
Week in Review, June 30
...GE is planning a spin-off of its healthcare division, which makes medic equipment, and an “orderly separation” of its 62.5 per cent stake of its oilfield services group Baker Hughes....
June 29, 2018
News in-depthUS & Canadian companies
US shale groups roar back to life after oil slump
...The number of active rigs in the US drilling the horizontal wells used for shale oil production has more than doubled over the past 12 months, from 248 to 598 last week, according to Baker Hughes, the oilfield...
May 9, 2017
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
News in-depthUS & Canadian companies
‘Permania’ grips the US shale oil industry
...The number of rigs in the region drilling horizontal oil wells has nearly doubled from its low of 116 last May, reaching 221 last week, according to Baker Hughes, the oilfield services group....
January 19, 2017
Inside BusinessEd Crooks
Cost reductions help US shale oil industry pass first real test
...Last week there were 316 rigs drilling the horizontal wells used for shale oil, up 68 from the low point in May, according to Baker Hughes, the oilfield services group....
August 28, 2016
Oil
Financial pressures hit US shale oil output
...But the number of rigs drilling for US oil did not start to decline in earnest until five months later, according to Baker Hughes, the oilfield services company....
September 23, 2015
Currencies
Week in Review, January 24
...On Tuesday, Baker Hughes — the oilfield services provider being acquired by Halliburton in a $26.8bn deal — said that it would be cutting 7,000 jobs in the first quarter of this year in response to the plunge...
January 23, 2015
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
US downturn
Wall St defies Europe as rally continues
...Shares in Baker Hughes , the oilfield services company, fell 2.7 per cent to $50.57 after analysts at several investment banks downgraded the shares....
February 27, 2012
US downturn
Debt ceiling impasse pushes US stocks lower
...Baker Hughes, the oilfield services company, reported second-quarter profits that beat forecasts....
July 25, 2011
US downturn
Competing influences leave Wall St in limbo
...Baker-Hughes shares received a similar reception after the oilfield services company reported a 16 per cent rise in revenues. Shares eased 2.4 per cent to $41.95....
October 28, 2004

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