Baker Hughes Buys Chart For $13.6B As Services M&A Rolls On
Baker Hughes is acquiring tech and engineering firm Chart Industries in a $13.6 billion cash deal, bringing together two publicly traded energy services and technology players.
Desalination Tech Targets Shale Plays’ Produced Water Challenge
U.S.-based Aquafortus is using a novel desalination technology to transform produced water in the Permian, Midcontinent and other basins.
Baker Hughes to Acquire Chart Industries, Accelerating Energy & Industrial Technology Strategy
Significant step high-grades the portfolio and adds value accretive customer offerings, transforms Baker Hughes’ Industrial & Energy Technology segment Chart Industries brings differentiated capabilities across a diverse set of end markets advantaged by secular growth drivers such as natural gas, data centers and decarbonization Highly complementary capabilities enable enhanced value-creation solutions for customers across the lifecycle …
Oil Climbs on EU Trade Deal, Potential US-China Tariff Truce Extension
Summary Brent crude hits highest level since July 18 on Monday US and China officials at Stockholm for trade talks Trump’s shorter deadline for Russia on Ukraine war raises oil flow concerns (Reuters) – Oil extended gains on Tuesday, lifted by hopes of improved economic activity after the U.S.-EU trade deal, a potential U.S.-China tariff truce …
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Baker Hughes Nears $13.6 Billion Deal to Buy Chart, Edging Out Flowserve, FT Reports
Oil and gas equipment supplier Baker Hughes is nearing a $13.6 billion cash deal to buy Chart Industries, edging out rival suitor Flowserve, the Financial Times reported on Monday, citing sources familiar with the matter.A potential deal would displace an agreement Chart made in June to combine with flow control systems maker Flowserve in a …
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Legendary Wildcatter Bill Armstrong, Alaska’s 5 Bbbl Man
Armstrong Oil & Gas Founder and CEO Bill Armstrong and his team have discovered more than 5 Bbbl, and he’s pumped about a recent major conventional oil discovery he told Hart Energy in exclusive interview.
Thailand’s PTTEP Acquires Chevron’s New Stake in Block A-18
Chevron Corp. shed its newly acquired interest in a gas exploration block offshore Thailand a week after the closing of its merger with Hess Corp. in a $450 million deal.
New Mexico Fuels Record Oil Output from Onshore Federal Lands
Onshore crude production from U.S. federal lands reached a record 1.7 MMbbl/d in 2024, the Energy Information Administration said.
Enterprise Posts Mixed 2Q Earnings as NGL Markets Tighten
Enterprise Products Partners’ second-quarter revenue falls short of expectations amid LPG margin squeeze and export challenges.
EU’s $750 Billion Energy Deal With Trump Looks Hard to Reach
By John Ainger, Anna Shiryaevskaya, and Julian Lee The European Union’s promise to buy $750 billion of American energy imports over three years was pivotal to securing a trade deal with President Donald Trump, but it’s a pledge it will struggle to keep. The deal would require annual purchases of $250 billion of natural gas, …
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