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Oil climbs with support from Libyan outage, Saudi comments

2h thehindubusinessline
Oil prices rose on Friday to their highest in more than two weeks, supported by the shutdown of the El Feel oilfield in Libya and upbeat comments from Saudi Arabia that an OPEC-led effort to cut stockpiles is working. El Feel produces 70,000 barrels per day of crude. Production in OPEC member Libya has been running at about 1 million bpd, although it remains volatile due to unrest. (39-0)

General Electric affirms commitment to Baker Hughes, shares jump

2h channelnewsasia
HOUSTON: General Electric Co on Wednesday said it had no plans to exit its investment in oilfield services firm Baker Hughes, A GE Company , before a two-year lockup period. (39-0)

General Electric Unchallenged as Dow’s Worst Performer

10h 247wallst
General Electric Co. (NYSE: GE) stock posted a dip of about 0.9% last week, not much, but not good enough to shake the company’s ranking as the worst performing Dow Jones industrial average stock for the year to date. (57-0)

LDL And Natural Gas Statistics: Weekly Recap For Feb. 23

16h seekingalpha
Bulls not finding much traction to the upside after the swift drop following February weather disappointment. (26-0)

Energy Recap: Saudi Arabia 'Going Nuclear'?

2018-02-24 seekingalpha
Every Friday, Seeking Alpha provides a roundup of insightful opinion and analysis articles in the energy sector. (38-0)

Global Foreign Exchange Market

2018-02-23 thestar.com.my
THE dollar continued its losing streak this week, sliding against a basket of major currencies by 0.52% to a three-year low of 90.498 due to the euro’s rally, mixed bag of data and concerns of a possible US government shutdown. Data showed weaker-than-expected NY Empire State and Philadelphia Fed Manufacturing Indices in January of 17.7 and 22.2, respectively. Meanwhile, initial jobless claims for the week ending Jan 13 fell to 220,000 from 261,000 previously, beating expectations of 250,000 while industrial production in December rose 0. (29-0)

Texas adds 3 rigs as US rig count increases to 978

2018-02-23 nzherald.co.nz
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by three this week to 978. (25-0)

BHI / Baker Hughes Inc. 10-K (Annual Report)

2018-02-23 sec.gov
Document          UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2017 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-09397 Baker Hughes, a GE company, LLC (Exact name of registrant as specified in its charter) Delaware   76-0207995 (State or other jurisdiction of (25-0)

BHI / Baker Hughes Inc. IRANNOTICE FY 2017

2018-02-23 sec.gov
Document 17021 Aldine Westfield Road Houston, Texas 77073 U.S. Securities and Exchange Commission 100 F Street, N.E. Washington, D.C. 20549     Re: Notice of disclosure filed in the Annual Report on Form 10-K for the year ended December 31, 2017 under Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 and Section 13(r) of the Securities Exchange Act of 1934 Ladies and Gentlemen: Pursuant to Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012 and S (25-0)

Oil Climbs As Libyan Outage, Saudi Comments Support

2018-02-23 rigzone
NEW YORK, Feb 23 (Reuters) - Oil prices rose on Friday to their highest in more than two weeks, supported by the shutdown of the El Feel oilfield in Libya and upbeat comments from Saudi Arabia that an OPEC-led effort to cut stockpiles is working. (39-0)

Oil heads for second weekly gain after surprise stockpile drop

2018-02-23 worldoil
LONDON (Bloomberg) -- Oil headed for a second weekly increase as a surprise pullback in U.S. crude inventories compounded signs that a global glut is easing. (25-0)

Baker Hughes: US Oil Rig Count Rises For Fifth Straight Week

2018-02-23 rigzone
Feb 23 (Reuters) - U.S. energy companies added one oil rig this week, the fifth weekly increase in a row, as oil prices hovered at two-week highs. (63-0)

U.S. oil rig count rises for fifth straight week -Baker Hughes

2018-02-23 reuters
(Reuters) - U.S. energy companies added one oil rig this week, the fifth weekly increase in a row, as oil prices hovered at two-week highs.    (63-0)

US Oil Rig Count Rises by One; Crude Price Remains Higher

2018-02-23 247wallst
In the week ended February 23, 2018, the number of land rigs drilling for oil in the United States totaled 799, one more than in the previous week and up by 197 compared with a total of 602 a year ago. Including 179 other land rigs drilling for natural gas, there are a total of 978 working rigs in the country, up by three week over week and 224 more year over year. The data come from the latest Baker Hughes North American Rotary Rig Count released on Friday. (25-0)

General Electric (GE) Down 9.6% Since Earnings Report: Can It Rebound?

2018-02-23 zacks
It has been about a month since the last earnings report for General Electric Company (GE - Free Report) . Shares have lost about 9.6% in that time frame, underperforming the market. (43-0)


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