The formula for this calculation on Baker Hughes is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.14 = US$3.5b ÷ (US$38b - US$13b) ...

Drilling activity extended its winning streak to five weeks, the first such consecutive increase since May 2022, Baker Hughes said Friday its weekly U.S. rig count was up one rig to 593 rigs, the ...

With a wealth of oil and gas experience, Saudi Arabia is uniquely positioned for geothermal development. But what will it ...

Shares of Baker Hughes Co. BKR advanced 2.32% to $44.59 Friday, on what proved to be an all-around positive trading session ...

Baker's Keyboard Lounge, the oldest Jazz club in the world, is celebrating 90 years on Livernois and Eight Mile Road. It is iconic in its own right and has hosted some of the most famous jazz ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

We recently published a list of 11 Best Crude Oil Stocks To Buy Right Now. In this article, we are going to take a look at ...

Canada and the US both added to their respective rig counts the week ended Feb. 28.

Baker Hughes (BKR) reports that the U.S. rig count is up 1 from last week to 593 with oil rigs down 2 to 486, gas rigs up 3 to 102 and ...

The number of active rigs drilling for oil and gas in the U.S. rose by 1 to 593 for a fifth straight weekly gain, Baker Hughes said in its latest report.

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, ...

This monthly report offers advance import and export data on the goods components of the monthly trade report. The consensus ...