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General Electric

Air Products signed an agreement to acquire General Electric Company’s (GE) gasification business. Read more

M&A/Investment

General Electric Co (GE.N) ousted Chief Executive Officer John Flannery in a surprise move, replacing him with outsider and board member Larry Culp. Read more

Plant Management & Operations

U.S. energy companies this week cut oil rigs for the first time in six weeks in spite of prices rising close to their highest in over two years and drillers starting to boost spending plans for next year. Read more

Drilling & Exploration

GE and Baker Hughes announced that the companies have entered into an agreement to combine GE’s oil and gas business and Baker Hughes to create a world-leading oilfield technology provider with a unique mix of service and equipment capabilities. Read more

M&A/Investment

General Electric Co, banking on a recovery in oil prices, said on Monday it would merge its oil and gas business with No. 3 oilfield services provider Baker Hughes Inc Read more

M&A/Investment

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