Baker Hughes CEO Planning for Multiple Years of Oil, Gas Growth (4:55 p.m.)
Baker Hughes Co., the world’s No. 3 oil field-services provider, is gearing up for years of expansion to make up for underinvestment from clients.
“We do see a hunger and a need for more oil,” Chief Executive Officer Lorenzo Simonelli said in a Bloombert TV interview. He added that while growth is leveling off in North America, it’s a different story overseas, where demand is outstripping supply.
Kerry Calls for Larger-Scale Climate Reform (4:47 p.m.)
Multibillion-dollar deals to advance clean energy deployment and shift away from coal-fired power in individual countries — like those announced in South Africa,