News

New US tariffs and escalating global trade tensions have impacted vessel markets in the first half of 2025, depressing investment in some sectors while accelerating strategic orders in others, ...
Under the MoU signed by bp, the company will evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin, including the exploration potential of adjacent ...
Implementation involves scheduled tracer injection into the CO₂ stream with periodic CAT sample retrieval for laboratory analysis. The system's integrated architecture correlates surface measurements ...
Fossil fuels continue to dominate the global energy system, with fast-growing renewables adding to the overall energy mix rather than replacing them, according to the Energy Institute’s latest ...
Driven by rising seasonal demand and geopolitical uncertainty, global oil markets could see tighter balances this summer, despite a projected surplus of supply in 2025, according to Rystad Energy This ...
Fossil fuel operations in the Middle East and North Africa emitted around 20 Mt of methane in 2024, nearly all from oil and gas operations, with Iraq, Iran and Algeria accounting for more than 30% of ...
Sulzer has partnered with Manweir WLL, the oil & gas arm of Mannai, to enhance the availability and quality of rotating equipment repairs and services across Qatar Through its partnership with Manweir ...
A new report from the IEA highlights the pivotal role of innovation in advancing national energy and economic goals, with the range of new energy technologies offering potential for progress in energy ...
TenarisGPC has opened a Longitudinal Submerged Arc-Welding (LSAW) pipe mill in Jubail, Saudi Arabia, which will double the company’s production capacity in the country The investment will provide more ...
Qatar Fertiliser Company (QAFCO) has awarded an EPC contract valued at around US$1.06bn for a blue ammonia train to a consortium of thyssenkrupp Uhde and Consolidated Contractors Company (CCC) The ...
SEB analyst Ole Hvalbye told Reuters that global oil benchmark Brent crude could gain US$3 to US$5 per barrel when markets ...
bp has announced the start of production ahead of schedule from the second development phase of the Raven field, part of the West Nile Delta (WND) project offshore Egypt The project involves the ...