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January 22, 2020

Baker Hughes closes 2019 with a profit while peers report huge losses- oil and gas 360

Baker Hughes closes 2019 with a profit while peers report huge losses

January 22, 2020

Houston Chronicle Houston oil-field service company Baker Hughes closed 2019 with a profit as its peers in the troubled sector are reporting multibillion dollar losses. Baker Hughes reported $128 million of net income in 2019, a 34 percent decline compared with the $195 million profit in 2018. The company’s 2019 revenue rose 4 percent to $23.8 billion compared with $22.9 billion a

Europeans trigger dispute mechanism in urgent bid to save Iran nuclear deal- oil and gas 360

The Unique Problem of Iran – EnerCom Interview with Christopher Hill, Former U.S. Ambassador to Iraq

January 22, 2020

Rising tension between the United States and Iran caused concern for oil supply and transportation when the U.S. killed Iranian major general Qasem Soleimani on January 3, 2020 in a drone strike in Iraq. In retaliation, Iran launched numerous ballistic missiles at targets inside Iraq including the Ain al-Assad airbase which houses U.S. troops. Protests continue in Baghdad this week

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