KBR Appoints Rami Qasem to Board of Directors

KBR announced the appointment of Rami Qasem, a seasoned energy and technology executive with nearly 30 years of experience, to its board of directors effective October 1, 2026. The appointment strengthens KBR's governance as the company prepares for the planned separation of its Mission Technology Solutions business (to be renamed Trinzic) in January 2027.

10/01/2026, 5:00 PM • GlobeNewswire

Baker Hughes Announces Dates for Third-quarter Earnings Release and Webcast

Baker Hughes will announce third quarter 2026 results on October 27, 2026, with a webcast discussion scheduled for October 28. The company has secured significant orders including gas compression systems for the Cloud Connector Pipeline project with Venture Global, a modular liquefaction solution for Plaquemines LNG facility, and an offshore production enhancement contract with bp for UK North Sea operations.

09/28/2026, 7:00 AM • GlobeNewswire

Gas Turbine Market to Grow from USD 17.80 Billion in 2025 to USD 30.10 Billion by 2035 – Research by SNS Insider

The global gas turbine market is projected to grow at a 5.40% CAGR from 2026 to 2035, driven by coal-to-gas power plant conversions, AI-driven data center demand, and adoption of hydrogen and ammonia-ready combustion technologies. North America leads with 29.50% market share, while Asia Pacific records the fastest growth at 8.30% CAGR. Data centers emerge as the fastest-growing sector with 11.20% CAGR.

09/16/2026, 6:30 PM • GlobeNewswire

Baker Hughes Awarded Offshore Production Enhancement and Stimulation Services Contract by bp

Baker Hughes has secured a significant multi-year contract from bp to provide offshore stimulation services across bp's UK North Sea operations. The agreement includes deployment of Baker Hughes' StimFORCE™ modular stimulation package on a dedicated vessel to support new well development and enhanced recovery from mature fields, leveraging a UK operating base and local supply chain.

09/04/2026, 7:00 AM • GlobeNewswire

Baker Hughes Declares Quarterly Dividend

Baker Hughes announced a quarterly cash dividend of $0.23 per share payable August 17, 2026. The company completed its acquisition of Chart Industries as part of its portfolio management strategy to become a higher-value energy solutions provider. Baker Hughes also secured substantial equipment and services awards from Cheniere for the Sabine Pass LNG facility expansion.

07/26/2026, 4:05 PM • GlobeNewswire

3 Energy Stocks Racing to Fix AI’s Power Problem

As AI data centers demand rapid power solutions, geothermal energy emerges as the fastest and cheapest alternative to nuclear and solar. Three companies are positioned to capitalize: Fervo Energy (recently IPO'd with Google contracts), Ormat Technologies (established operator with 50% revenue growth), and Baker Hughes (supplies drilling equipment). The sector remains undervalued as Wall Street focuses on nuclear and solar headlines.

07/15/2026, 2:28 PM • Investing

Baker Hughes Announces Dates for Second-Quarter Earnings Release and Webcast

Baker Hughes will announce second quarter 2026 results on July 26, 2026, followed by a webcast discussion on July 27. The company has secured contracts to deliver subsea production systems for Angola's Greater PAJ Development and announced a strategic partnership with Mantle Reach Power to accelerate large-scale geothermal energy deployment across North America, targeting up to 500 megawatts of installation within five years.

06/26/2026, 7:00 AM • GlobeNewswire

Baker Hughes Locks In Two Multi-Year Equinor Extensions

Baker Hughes secured two multi-year contract extensions with Equinor to support offshore hydrocarbon production in the North Sea and expanded operations in Brazil's Santos Basin. The stock trades at $63.50 with a Buy rating and $74.00 average price target, though momentum indicators suggest cooling upside pressure.

05/28/2026, 2:41 PM • Benzinga

Baker Hughes Extends and Expands Integrated Well Construction Contract with Petrobras

Baker Hughes has secured a major contract extension with Petrobras to provide integrated well construction solutions across Brazil's Santos Basin pre-salt offshore fields. The expansion will deploy advanced technologies including AutoTrak rotary steerable systems, logging-while-drilling tools, and Dynamus drill bits to support deepwater well development. The project builds on a 2024 agreement and leverages Baker Hughes' comprehensive portfolio across drilling, wireline, cementing, and other specialized services.

05/26/2026, 7:00 AM • GlobeNewswire

Chinese Crude Imports Drop 20% In April, Potentially Easing Pressure On Surging Oil Prices

China's crude oil imports fell 20% month-over-month in April to 8.2 million barrels per day, the lowest in two years. This represents a 30% decline from pre-war levels of 11.7 million barrels per day. Chinese state-owned oil companies are reselling crude cargoes to European and Asian buyers, suggesting comfortable domestic inventory levels. The sustained slowdown in Chinese imports could ease upward pressure on global oil prices amid geopolitical tensions affecting the Strait of Hormuz.

05/11/2026, 4:21 AM • Benzinga

SLB’s Tough Quarter Masks a Powerful Long-Term Shift

Schlumberger (SLB) reported a difficult Q1 2026 with declining organic revenue, compressed margins, and lower earnings due to Middle East disruptions. However, the company's digital business grew 9% YOY to $640M quarterly revenue, expanded its NVIDIA partnership for AI industrialization, and continued shareholder returns with $451M in buybacks. Despite near-term headwinds, SLB's pivot toward high-margin software and subscription-based services positions it as a compelling long-term opportunity for patient investors.

05/08/2026, 10:22 AM • Investing

What's Going On With Equinor Stock Monday?

Equinor (EQNR) shares rose 2.29% in premarket trading on Monday, supported by strength in the energy sector. The company extended key drilling and well service contracts valued at approximately $1.4 billion to maintain stable production through 2035. The stock is trading near the upper end of its 52-week range with positive technical indicators, though it carries a Hold rating with a $37.00 average price target. Earnings are scheduled for May 6, 2026.

05/04/2026, 7:03 AM • Benzinga

Gas Hits $4.43, Surges 61% Since December As Strait Of Hormuz Uncertainty Drives Fuel Prices Higher

U.S. gas prices surged to $4.43 per gallon, up 61% since December, driven by Iran escalation fears and Strait of Hormuz uncertainty. Oil briefly hit $126 a barrel, its highest level since the Iran war began. California's gas prices approached all-time highs at $6.088/gallon. The Federal Reserve flagged elevated inflation from global energy prices, with potential rate hikes possible as soon as June. Travel and airline industries face headwinds from surging fuel costs.

05/03/2026, 2:39 AM • Benzinga

Leak Detection Market Size to Hit USD 8.53 Billion by 2035 | SNS Insider

The U.S. leak detection market is projected to grow at a CAGR of 5.31% through 2035, driven primarily by regulatory compliance requirements and aging pipeline infrastructure. Handheld detectors dominate the market with 47% share, while UAV-based detectors represent the fastest-growing segment. North America leads globally with 48% market share, while Asia Pacific shows the strongest growth potential at 7.48% CAGR.

05/01/2026, 10:00 AM • GlobeNewswire

Strait Of Hormuz May Stay Shut Until Second Half Of 2026 Amid Middle East, Baker Hughes CFO Says

Baker Hughes CFO Ahmed Moghal stated the Strait of Hormuz may remain closed until the second half of 2026 due to Middle East tensions. The closure has removed 10% of global oil supply and disrupted 20% of global LNG output. Baker Hughes reported Q1 revenue of $6.6 billion (up 2% YoY) and orders jumped 26% to $8.2 billion, beating EPS estimates, though free cash flow declined 54%.

04/25/2026, 12:10 AM • Benzinga