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BAKER HUGHES REPORT
Stocks in news: RIL, Infosys, Adani Energy, Dabur India, Adani GreenMarkets experienced a corrective session on Thursday, extending previous weakness amid adverse global cues. Key companies like RIL, Infosys...- US soon to issue general license for oil production in Venezuela: ReportThe U.S. government is preparing to issue a general license this week, allowing companies to produce oil and gas in Venezuela. This move ai...
- Baker Hughes nears $13.6 billion deal to buy Chart, edging out Flowserve: ReportBaker Hughes is reportedly close to acquiring Chart Industries for $13.6 billion in cash, surpassing Flowserve's previous merger agreement....
- Crude oil climbs on strong U.S. jobs data and renewed China trade talksCrude oil prices increased on Friday, marking the first weekly gain in three weeks. This rise followed a positive U.S. jobs report and rene...
- Oil falls on stronger US dollar, possibility of higher OPEC+ outputOil prices declined on Friday. The U.S. dollar's strength impacted the market. OPEC+ considered increasing crude oil output. This possibili...
- Oil prices fall on supply glut fears despite OPEC+ output cut extensionOil prices dipped over 1% on Friday, solidifying weekly losses amid projections of a 2024 supply surplus due to weak demand. This occurred ...
- Oil prices take a small loss in seesaw sessionThe market tumbled earlier in the session after a New York Federal Reserve Bank manufacturing survey showed a third month of declines in ne...
- Mahindra Group appoints Amarjyoti Barua as EVP Group strategyAmarjyoti Barua has been appointed as the executive vice president for Mahindra Group's strategy office, which will now also include the in...
- Triveni Turbines adds 4.3%; Q3 PAT jumps on strong revenuesThe company’s net sales clocked in at Rs 225.15 crore in December 2021, registering a rise of 29.72 per cent from Rs. 173.56 crore in Decem...
- Oil falls as storm-hit US supply trickles back into marketBrent crude futures fell 33 cents to settle at $75.34 a barrel. US West Texas Intermediate (WTI) crude futures fell 64 cents to settle at $...
- US oil prices hit 3 month high amid OPEC-led output cutsOPEC and other major producers have done their part to stabilise prices by limiting output
- GE to divest healthcare unit, separate Baker HughesThe industrial conglomerate bought Baker Hughes in July 2017 and combined it with its oil and gas equipment and services operations to crea...
- Deal interrupted! Diageo-United Spirits acquisition and other partnerships that went southDiageo has refused to pay the outstanding sum of $35 mn to Vijay Mallya for acquiring United Spirits.
- GE nears about $30 bn deal with Baker Hughes: ReportsGE said in a statement last week that it was in talks with the oilfield services provider on potential partnerships but none of those optio...
- Crude oil futures up 1.28% on Asian cuesAt Multi Commodity Exchange, crude oil for delivery in October gained Rs 38, or 1.28 per cent, to Rs 3,009 per barrel, with a business turn...
- The oil industry is acting like the worst is overData from Federal Reserve indicated that oil companies are starting to reverse their behavior of shutting down wells and halting production.
- A $35 billion oil merger is on the verge of falling apartShares of Baker Hughes fell more than 12 pct and Halliburton tanked 5 pct, following a report that their merger has met a regulatory roadbl...
- Drilling giant Baker Hughes warns the pain from oil crash is far from overThe oilfield services company reported second quarter results on Tuesday morning, with an adjusted earnings per share loss of $0.14, in lin...
- Hi-tech, Big Data offer hope to battered US oil industryThe tech geeks are coming to the oil industry's rescue.
- Cairn India rallies over 4% as crude oil prices surgeHowever, there are doubts whether the rally in crude prices will sustain as there is oversupply of oil and demand still remains weak global...
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