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 & […]
Tag: Lorenzo Simonelli
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 […]