CB&I has agreed to acquire Petrofac’s Asset Solutions business. The deal is expected to close in the first quarter of 2026..

Karan Gupta, Global Oil and Gas Expert and Senior Director, Energy and Industrials at EY-Parthenon, explains why digital ...

Covestro has appointed Dr Rainer Seele as Chairman of its Supervisory Board, following the completion of its strategic ...

TAQA's Keith Hillis explains how smarter wells, autonomous completions, and digital technologies are helping upstream ...

ADNOC has secured a $2 billion K-SURE-backed green financing facility to fund lower-carbon projects, strengthening its sustainable finance strategy and deepening energy ties with South Korea.. ADNOC ...

Brent crude was trading below $60 a barrel on Friday, down more than 2% on the week.. Oil prices slide for second week as ...

Following the cancellation of a major 2GW project, Petrofac faces global uncertainty as it navigates administration, staff ...

BP has appointed Meg O’Neill, the current head of Australia’s Woodside Energy, as its new CEO, becoming both the first woman to lead a top-five global oil major and the first CEO sourced from outside ...

The Trump administration’s push for US “energy dominance” is delivering record oil and gas output, but mounting price pressures are casting doubt on whether affordability can coexist with the strategy ...

Dubai oil benchmarks are exhibiting clear signs of an oversupplied market, as traders and brokers report contango in consecutive month spreads beyond the February contract. Contango occurs when ...

Senior executives at Shell rejected a proposal to acquire rival BP earlier in 2025, a move that reportedly triggered the resignation of the executive overseeing the company’s mergers and acquisitions, ...

Middle Eastern oil markets have shown increasing signs of weakness in recent weeks amid concerns that regional crude supplies are beginning to outpace demand, adding to a broader softening trend in ...