Schlumberger Announces Third-Quarter 2019 Results Worldwide revenue of $8.5 billion increased 3% sequentially GAAP loss per share, including charges of $8.65 per share, was $8.22 Cash flow from operations was $1.7 billion and free cash flow was $1.1 billion

Baker Hughes, a GE company (NYSE: BHGE) announced today its successful name change to Baker Hughes Company. The Company will be known as Baker Hughes, and on Oct. 18, 2019, its Class A common stock will begin trading on the New York Stock Exchange under the symbol “BKR”.

The global economy has started to slow down in 2019, reflecting an impact from USChina trade tensions, as well as the economic cycle in the US.

Nigeria's allocation was increased to 1.774 million barrels per day (bpd) from 1.685 million bpd at the last OPEC meeting in July,

Nigeria is seeking to recover as much as $62 billion from international oil companies, using a 2018 Supreme Court ruling the state says enables it to increase its share of income from production-sharing contracts.

Growth is expected to pick up to 2.3 percent this year on the strength of a continuing recovery in the oil sector and the regaining of momentum in agriculture following a good harvest.

The Russian Energy Minister noted that 2018 was an exceptional year for growth for the natural gas industry with consumption recording a 5% growth, the fastest growth since 2010, to average 3.95 Tcm. The trade in 2018 was also characterized by a significant growth where global pipeline gas trade increased by almost 8%, including re-export operations in Europe. LNG trade growth continued exponentially with 10% for the second consecutive year, averaging a level of around 320 Mt.

HE Mohammad Sanusi Barkindo, Secretary General of OPEC, and his GECF counterpart, HE Yury Sentyurin, signed the MoU in Moscow on the sidelines of Russian Energy Week.

Germany and the UAE see that there is a great value in close consultations on foreign and security policy, Annen said. "We also want to deepen our cooperation on trade and investment, in particular on exchanging state-of the-art technologies and enabling small and medium-sized companies to succeed in our respective markets," the minister explained.

A project to demonstrate the production of hydrogen in integrated energy systems at US nuclear power plants is one of three selected by the US Department of Energy (DOE) to receive a share of USD15 million in its latest announcement of project selectees.