Baker Hughes

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Sink or Swim as Oil Prices Continue to Fall

As Warren Buffett once wrote in a 2002 letter to the shareholders of Berkshire Hathaway, Inc., "you only find out who is swimming naked when the tide goes out." Well, the tide is going out for many in the oil and gas industry...more

Halliburton’s Acquisition of Baker Hughes Likely to Receive Close Antitrust Scrutiny from Department of Justice

On November 17, 2014, Halliburton Company (“Halliburton”) announced plans to acquire Baker Hughes, Inc. (“Baker Hughes”) for $34.6 billion. Halliburton and Baker Hughes are two of the world’s largest oilfield services...more

Patent wars: can the energy industry avoid them?

With the technological advances and resultant surge in oil and gas production in the last few years, it is not surprising that the number of patents issued to energy companies has increased substantially. In 2012 alone, the...more

Baker Hughes' Policy to Disclose Chemical Components in Well Stimulation Fluids Designed to "Increase the Public Trust"

One of the largest oil-field services companies in the world, Baker Hughes, has revised its long-standing policies on disclosing the contents of hydraulic fracturing fluids on FracFocus.org - a non-profit database designed to...more

Advances in Drilling Techniques Push U.S. Oil Rig Count to New Record High

Operators’ ability to develop previously untapped oil reserves through horizontal drilling techniques has led to a record 1,443 oil rigs currently in operation in the U.S. according to a report released last week by Baker...more

FCPA Compliance and Ethics Report-Episode 30-Interview with the FCPA Professor-Part 2 [Video]

This episode 30 is Part 2 of my interview with the FCPA Professor. ...more

How Do You Determine the Gold Standard For Compliance Programs?

What is the gold standard for scientific minds? You might not do better than Albert Einstein who was born on this date in 1879. While most lay persons remember Einstein for his theory on special relativity, and his attendant...more

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