Baker Hughes CEO on the global outlook for energy

11:06am, Thursday, 10'th Jul 2025
CNBC's Brian Sullivan speaks with Baker Hughes CEO Lorenzo Simonelli from OPEC's annual seminar in Vienna, Austria.
BKR teams up with Evida to develop CO2 pipeline infrastructure, advancing Denmark's growing carbon capture push.
Baker Hughes acquires CDC for $540M, boosting its IET segment with high-margin, safety-critical technologies.
HOUSTON and LONDON, June 16, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Monday it has agreed to acquire Continental Disc Corporation (CDC), a leading
Lorenzo Simonelli, CEO of Baker Hughes discusses the recent Israel-Iran and its' impact on volatility in oil prices and stresses not to focus on short-term volatility in oil prices. He also touches on
All the facilities of energy services firm Baker Hughes are operating normally in the Middle East, chief executive Lorenzo Simonelli told Reuters on the sidelines of the Energy Asia conference on Mond
Two CEOs told CNBC that they are monitoring the situation, but would not predict the price of oil. There will be more significant price effects, they said, if Iran closes the critical Strait of Hormuz
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021, energy services firm Baker Hughes said in its closely fo
HOUSTON and LONDON, June 13, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR) will announce the results of the second quarter ending June 30, 2025, via press release at 5 p.m. Eastern Time (4 p
BKR to deliver integrated plug and abandonment services for EQNR under a multi-year framework agreement signed between the two companies in March 2025.
I am upgrading Baker Hughes to a buy, as its LNG-driven IET segment offers predictable growth and strong backlog, offsetting oilfield cyclicality. Recent divestitures at high multiples bolster cash re
BKR is set to sell its PSI product line to Crane for $1.15B, sharpening its focus on core IET strengths and portfolio optimization.
Baker Hughes said on Monday it will sell its precision sensors and instrumentation (PSI) product line to aerospace and defense parts manufacturer Crane for $1.15 billion, as the oilfield services prov
STAMFORD, Conn.--(BUSINESS WIRE)--Crane Company (NYSE: CR) (“Crane” or the “Company”), a premier industrial manufacturing and technology company, announced that it has signed an agreement to a
Product line includes Druck, Panametrics and Reuter-Stokes brands Transaction aligns with Baker Hughes' ongoing portfolio optimization HOUSTON and LONDON, June 09, 2025 (GLOBE NEWSWIRE) -- Baker Hughe
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