$BKR

Schlumberger reports Q1 challenges from Middle East disruptions, but digital business grew 9% YoY to $640M with expanded NVIDIA AI partnership positioning long-term transformation.

Equinor gains 2.29% on $1.4B contract extensions through 2035, supporting production stability. Stock near 52-week highs despite Hold ratings.

U.S. gasoline prices surge 61% to $4.43/gallon since December, driven by Iran tensions and Strait of Hormuz uncertainty. Crude briefly hit $126/barrel, prompting Fed to signal potential June rate hikes.

U.S. leak detection market projected to reach $8.53B by 2035, growing 5.31% annually. Handheld detectors lead at 47% share; UAV systems fastest-growing segment.

Baker Hughes warns Strait of Hormuz may stay closed until late 2026, disrupting 10% of oil supply and 20% of LNG. Q1 revenue hit $6.6B, orders surged 26%, but free cash flow fell 54%.

Trump administration's energy dominance policy, geopolitical tensions, and AI data center demand create opportunities in U.S. LNG and nuclear sectors.

Baker Hughes sells Waygate Technologies to Hexagon for $1.45B in cash, aiming to streamline portfolio and strengthen balance sheet. $BKR shares rise 1.61%.

Baker Hughes secures Argentina gas turbine order and extends Brazil service agreement, marking first NovaLT deployment in South America amid sector underperformance.

Baker Hughes secures order for three NovaLT gas turbines in Argentina, marking first South American deployment supporting Vaca Muerta natural gas exports to LNG vessels.

Baker Hughes schedules Q1 2026 earnings for April 23, announces $6.5B debt offering, and secures major long-term service agreement with Petrobras.

Baker Hughes secures five-year turbomachinery maintenance deal with Petrobras covering 64 gas turbines across 19 Brazilian offshore FPSO vessels.

Global oil drilling services market projected to reach $61.38B by 2030, growing 3.5% annually. Saudi Aramco, ExxonMobil, and CNPC lead expansion driven by unconventional and offshore development.

Baker Hughes prices $9.5B debt offering to fund Chart Industries acquisition, with notes maturing through 2056 and closing expected March 11, 2026.

Vallourec and Baker Hughes partner to develop underground hydrogen storage solutions, combining expertise in tubular engineering and digital monitoring to support the emerging hydrogen economy.

Vallourec disclosed its share capital and voting rights structure in routine regulatory filing. The company also announced a partnership with Baker Hughes on hydrogen storage solutions.

Industrial radiography market expected to nearly double from $2.01B to $3.46B by 2032, driven by digital solutions and regulatory compliance demand across manufacturing and aerospace sectors.

Vallourec and Baker Hughes partner to develop underground hydrogen storage technology, combining storage and compression systems for green hydrogen infrastructure across industrial applications.

Mercedes-Benz divests €12 billion Daimler Truck stake; Humana acquires MaxHealth for $1 billion. ByteDance sells Mobile Legends developer in major M&A wave across automotive, healthcare, and tech sectors.