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Oilfield services giant Baker Hughes said it has yet to see higher borrowing costs slow investment in major energy projects, with executives pointing to surging LNG demand driven by AI data center buildouts as a key support for capital spending. The comments suggest that elevated interest rates have not yet dented the energy sector's expansion plans. The resilience in project financing comes despite broader concerns about rising rates squeezing capital-intensive industries, with AI-related power and cooling needs emerging as a durable demand driver for natural gas and LNG infrastructure.