CARACAS, VENEZUELA (By Piero Stewart, Editores Latin Petroleum, 3.Oct.2026, Words: 170) — Representatives from US company Baker Hughes, led by its CEO, Lorenzo Simonelli, travelled to Venezuela to meet with Venezuela’s interim president Delcy RodrÃguez. This, as part of efforts to discuss cooperation in natural gas production in the Caribbean country. […]
Tag: Lorenzo Simonelli
Baker Hughes reports mixed 1Q:26 financial results, exceeds guidance range
ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 23.Apr.2026, Words: 249) — Baker Hughes Company announced revenue for the first quarter 2026 (1Q:26) of $6,587mn, down $799mn, or 11% sequentially, and up $160mn, or 2% year-over-year. The increase in revenue compared to 1Q:25 was driven by an increase in Industrial & […]
Baker Hughes Eyes 100 MTPA of FIDs in 2024-2026
HOUSTON, TEXAS (Energy Analytics Institute, 30.Jan.2025) — Baker Hughes expects 100 million tonnes per annum (MTPA) of final investment decisions (FIDs) between 2024-2026, according to the company’s chairman and CEO Lorenzo Simonelli. This level of activity would increase global capacity and supports Baker Hughes’s long-standing forecast of 800 MTPA by […]