Connection

popular articles

Electric vehicle sales soar in China
Cortus and Nordbex sign contract for 60 MW biomass power plant
Pacific Green Technologies acquires two storage projects in Poland
Natron Energy invests USD 1.4 billion in sodium-ion battery plant
Areva: Strategic stakes of Uramin takeover re-examined

Baker Hughes Appoints New CFO

Baker Hughes announces the appointment of Nancy Buese as CFO effective November 2022.

Please share:

Baker Hughes announces the appointment of Nancy Buese as CFO effective November 2022.

An appreciated professional journey

Baker Hughes announces the promotion of Nancy Buese to CFO. Since 2016, she served as Executive Vice President (EVP) and Chief Financial Officer (CFO) of Newmont Corporation. For example, Lorenzo Simonelli, chairman and CEO of Baker Hughes, states:

“Nancy is a proven CFO and business leader with an impressive track record throughout her career in the energy and mining industries. She brings a diverse and valued background leading public company finance teams, and I am delighted to welcome her to Baker Hughes.”

Nancy Buese also has approximately 10 years of experience as executive vice president and CFO of MarkWest Energy Partners. In addition, she served as Executive Vice President and Chief Financial Officer of MPLX. As such, she had held this position since the acquisition of MarkWest by Marathon Petroleum’s subsidiary, MPLX.

Board experience

Nancy Buese began her career in public accounting as an accountant at Arthur Andersen. She then became a partner at Ernst & Young until 2003. The U.S. company also relies on its board experience.

In fact, she chaired the audit committee of UMB Financial Corporation from 2009 to 2017. In addition, she has served on the Williams Companies Board of Directors since 2018. In addition, with this appointment, Brian Worrell, Baker Hughes’ CFO, will move into a strategic advisory role.

Register free of charge for uninterrupted access.

Publicite

Latest news

Alcazar Energy partners with Egypt for a 2 GW wind project
NextPower UK ESG surpasses 500 MW milestone with new solar acquisition
Northvolt sells its California plant to Lyten to refocus on European operations amid financial challenges
Trump strengthens energy strategy with Chris Wright and Doug Burgum
Russia Halts Gas Supplies to Austria Following Dispute with OMV

Recently published in

Boralex: Results Decline in Q3 2024 Despite Strategic Advancements

Despite a 3% drop in production for the third quarter of 2024, Boralex is pushing forward with new strategic renewable energy projects and strengthening its operational resilience.
Schneider Electric: Olivier Blum leads from Dubai to boost emerging markets
The new CEO of Schneider Electric, Olivier Blum, moves to Dubai to oversee growth in India and the Middle East, strategic regions for the company's energy and digital transition efforts.
en_1140468540
Schneider Electric: Olivier Blum leads from Dubai to boost emerging markets
The new CEO of Schneider Electric, Olivier Blum, moves to Dubai to oversee growth in India and the Middle East, strategic regions for the company's energy and digital transition efforts.
en_1140468540
TotalEnergies: at COP29, Patrick Pouyanné advocates progress “step by step”
At COP29, TotalEnergies CEO Patrick Pouyanné defended the oil industry's commitment to reducing methane emissions, emphasizing the importance of gradual progress in addressing the climate crisis.
en_1140455540
TotalEnergies: at COP29, Patrick Pouyanné advocates progress “step by step”
At COP29, TotalEnergies CEO Patrick Pouyanné defended the oil industry's commitment to reducing methane emissions, emphasizing the importance of gradual progress in addressing the climate crisis.
en_1140455540
Vallourec: stable net income despite declining sales in Q3 2024
The French industrial giant Vallourec reported a slight drop in net income to €73 million in Q3 2024. This stability is attributed to its premiumization strategy and strong margins despite challenging market conditions.
en_1140466540
Vallourec: stable net income despite declining sales in Q3 2024
The French industrial giant Vallourec reported a slight drop in net income to €73 million in Q3 2024. This stability is attributed to its premiumization strategy and strong margins despite challenging market conditions.
en_1140466540

Nexans sets ambitious financial goals driven by electrification

Nexans aims for increased financial performance by 2028, supported by significant investments in global electrification and a strategy focused on energy transition and recycling.
Masdar and KESH join forces to transform Albania’s energy strategy
Masdar and KESH sign a strategic partnership to develop large-scale renewable energy projects, positioning Albania as a key player in the European energy market.
en_1140417540
Masdar and KESH join forces to transform Albania’s energy strategy
Masdar and KESH sign a strategic partnership to develop large-scale renewable energy projects, positioning Albania as a key player in the European energy market.
en_1140417540
Orlen invests $850 million to modernize Poland’s energy network
Polish energy giant Orlen partners with the European Investment Bank to modernize its energy distribution network, aiming to integrate renewable solutions and strengthen operational efficiency.
en_1140386540
Orlen invests $850 million to modernize Poland’s energy network
Polish energy giant Orlen partners with the European Investment Bank to modernize its energy distribution network, aiming to integrate renewable solutions and strengthen operational efficiency.
en_1140386540
The EIP fund increases its share to 10% in Plenitude, Eni’s green division
The Energy Infrastructure Partners (EIP) fund strengthens its investment in Plenitude, Eni's renewable energy subsidiary, valued at over 10 billion euros, to support its strategic growth.
en_1140365540
The EIP fund increases its share to 10% in Plenitude, Eni’s green division
The Energy Infrastructure Partners (EIP) fund strengthens its investment in Plenitude, Eni's renewable energy subsidiary, valued at over 10 billion euros, to support its strategic growth.
en_1140365540

Halliburton faces profit drop in North America in the third quarter

In the third quarter, Halliburton reports a 20% drop in net profit, mainly impacted by a cyberattack and slowing demand in North America, its key market.
Results Down for Energias de Portugal Despite the “Renewables” Bet
Energias de Portugal (EDP) posts a 37% drop in profits for the third quarter of 2024. The Portuguese group nevertheless continues its investments in renewable energies to support its energy transition.
en_1140374540
Results Down for Energias de Portugal Despite the “Renewables” Bet
Energias de Portugal (EDP) posts a 37% drop in profits for the third quarter of 2024. The Portuguese group nevertheless continues its investments in renewable energies to support its energy transition.
en_1140374540
Enel reports a profit of 5.9 billion euros despite falling energy prices
The Italian energy giant Enel announces a 38% increase in net profit over nine months, reaching 5.9 billion euros, despite a context of falling electricity prices.
en_1140341540
Enel reports a profit of 5.9 billion euros despite falling energy prices
The Italian energy giant Enel announces a 38% increase in net profit over nine months, reaching 5.9 billion euros, despite a context of falling electricity prices.
en_1140341540
Nexans creates Lynxeo, a dedicated entity for its industrial cables
Cable manufacturer Nexans announces the creation of Lynxeo, a distinct entity for its industrial cable business, aiming for greater clarity and market visibility.
en_1140360540
Nexans creates Lynxeo, a dedicated entity for its industrial cables
Cable manufacturer Nexans announces the creation of Lynxeo, a distinct entity for its industrial cable business, aiming for greater clarity and market visibility.
en_1140360540

The world’s largest battery manufacturers unite for a sustainable supply chain

The Global Battery Alliance reveals the results of a collaborative project involving the world’s largest battery manufacturers to harmonize transparency and sustainability in the battery supply chain.
Engie targets the top of its 2024 forecasts after strong quarterly performance
Engie targets the top of its 2024 forecasts after strong quarterly performance
en_1140349540
Engie targets the top of its 2024 forecasts after strong quarterly performance
Engie targets the top of its 2024 forecasts after strong quarterly performance
en_1140349540
Akastor strengthens its stake in AKOFS Offshore by acquiring Mitsui’s shares
Akastor ASA acquires Mitsui's shares in AKOFS Offshore for USD 22.5 million, increasing its stake to 75% and consolidating its position in the subsea intervention sector.
en_1140303540
Akastor strengthens its stake in AKOFS Offshore by acquiring Mitsui’s shares
Akastor ASA acquires Mitsui's shares in AKOFS Offshore for USD 22.5 million, increasing its stake to 75% and consolidating its position in the subsea intervention sector.
en_1140303540
Uniper repays 530 million euros to the German state, marking the start of public disinvestment
Struggling in 2022, German energy company Uniper initiates a 530 million euro repayment to the German state. This payment represents a significant step toward reducing public influence within the company.
en_1140259540
Uniper repays 530 million euros to the German state, marking the start of public disinvestment
Struggling in 2022, German energy company Uniper initiates a 530 million euro repayment to the German state. This payment represents a significant step toward reducing public influence within the company.
en_1140259540

Refining Margins Decline: ExxonMobil and Chevron Focus on Shareholders

ExxonMobil and Chevron’s quarterly results reveal pressure on refining margins, partially offset by increased volumes and significant shareholder support.
ADNOC integrates autonomous AI to optimize energy operations
ADNOC, the national oil company of the United Arab Emirates, deploys autonomous artificial intelligence to optimize operations, reduce costs, and enhance energy efficiency.
en_1140237540
ADNOC integrates autonomous AI to optimize energy operations
ADNOC, the national oil company of the United Arab Emirates, deploys autonomous artificial intelligence to optimize operations, reduce costs, and enhance energy efficiency.
en_1140237540
TotalEnergies: Global Oil Demand to Peak Post-2030, Diverging from BP’s Forecast
TotalEnergies projects a peak in global oil demand after 2030, influenced by population growth and infrastructure shortfalls, contrasting with BP's earlier forecast.
en_1140240540
TotalEnergies: Global Oil Demand to Peak Post-2030, Diverging from BP’s Forecast
TotalEnergies projects a peak in global oil demand after 2030, influenced by population growth and infrastructure shortfalls, contrasting with BP's earlier forecast.
en_1140240540
Dangote blames weak control on low-quality fuel imports undermining refinery sales
Dangote denounces the import of low-quality fuel undermining the growth of his refinery in Nigeria. The lack of control infrastructure hampers the enforcement of the country’s new fuel standards.
en_1140249540
Dangote blames weak control on low-quality fuel imports undermining refinery sales
Dangote denounces the import of low-quality fuel undermining the growth of his refinery in Nigeria. The lack of control infrastructure hampers the enforcement of the country’s new fuel standards.
en_1140249540

Schneider Electric, Rexel, Sonepar and Legrand fined 470 million euros for anticompetitive collusion

The French Competition Authority has imposed fines totaling 470 million euros on Schneider Electric, Rexel, Sonepar, and Legrand for collusion in the low-voltage electrical equipment sector. These sanctions represent a strong response against market manipulation.
Volvo Cars to Buy Northvolt’s Stake in Their Novo Energy Joint Venture
Faced with Northvolt’s financial difficulties, Volvo Cars is buying out its partner’s stake in the Novo Energy joint venture, initially created to produce batteries for electric vehicles. Volvo is now seeking a new partner.
en_1140208540
Volvo Cars to Buy Northvolt’s Stake in Their Novo Energy Joint Venture
Faced with Northvolt’s financial difficulties, Volvo Cars is buying out its partner’s stake in the Novo Energy joint venture, initially created to produce batteries for electric vehicles. Volvo is now seeking a new partner.
en_1140208540
Nexans confirms its forecasts and announces new strategy for November
Nexans, the French specialist in industrial cables, confirms its financial outlook for 2024, with a strategic announcement scheduled for November 13 to outline its future and priorities in the energy sector.
en_1140209540
Nexans confirms its forecasts and announces new strategy for November
Nexans, the French specialist in industrial cables, confirms its financial outlook for 2024, with a strategic announcement scheduled for November 13 to outline its future and priorities in the energy sector.
en_1140209540
Schneider Electric reports record revenue in Q3 thanks to energy transition
Schneider Electric reached revenue of 9.3 billion euros in the third quarter of 2024, a 5.9% increase, driven by energy management and digitalization solutions.
en_1140205540
Schneider Electric reports record revenue in Q3 thanks to energy transition
Schneider Electric reached revenue of 9.3 billion euros in the third quarter of 2024, a 5.9% increase, driven by energy management and digitalization solutions.
en_1140205540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS