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Petrolite Corporation was an American manufacturer of chemicals. Founded in 1930 from the merger of the Tret-O-lite Company with the Petroleum Rectifying Company of California (PETRECO), [1] it was subsequently merged into Baker Hughes Incorporated in 1997. [2]
Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK.As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications.
In 1989, Bird Machine Company was acquired by Baker Hughes, Incorporated, a diversified oil field services company based in Houston, Texas. In 1996, Ketema Process Equipment Company of Santee, California was purchased by Baker Hughes and merged into Bird Machine Company. The acquisition of Ketema provided Bird with an entrée into the ...
In October, 2019, GE sold a portion of its 62.5% stake in BHGE, reducing its ownership below 50%, and BHGE was rechristened as Baker Hughes Company (NYSE:BKR). [4] Baker Hughes has positioned itself as an energy technology company. [5] Bently Nevada remained a Baker Hughes Business after GE's sale of its interest in the company. As of 2020 ...
California will use the funding to plug and remediate 206 high-risk orphaned oil and gas wells and decommission 47 attendant production facilities with about 70,000 feet of associated pipelines.
BJ Services in 2017 began operating as an independent joint venture after Baker Hughes sold a 53.3 percent stake in the hydraulic fracturing and cementing business to private equity firm CSL Capital Management and Goldman Sachs’ West Street Energy Partners for $325 million. [6] On 20 July 2020, BJ Services filed Chapter 11 bankruptcy. [7]
A man uses his mobile phone as the Hughes Fire burns near Castaic Lake, north of Santa Clarita, California, U.S. January 22, 2025. Evacuation orders were issued for the Lake Hughes Road area near ...
The fire erupted at the facility around 3 p.m. Thursday, and evacuation orders were issued around 6:30 p.m. due to concerns over hazardous materials and potential chemical releases, Rosas said ...