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Oil giant Aramco announces global partnership with FIFA
The deal, effective until the end of 2027, includes sponsorship rights for events such as the FIFA World Cup 2026 and the FIFA Women's World Cup 2027.
McKinsey's Roland Rechtsteiner on the energy transition and commodities markets
Inextricably connected to transitioning energy markets, commodities markets will remain volatile – and could be a "catalyst" for change, says McKinsey's Roland Rechtsteiner.
Qatar’s Nakilat reports net profit of $115.6m in Q1 2024, citing strong demand
Shipping company Nikalat announced a 6.1% increase in the first quarter (Q1) of 2024 due to increased demand for liquefied natural gas (LNG) shipping services.
AI attacks now ‘the main cybersecurity concern’ for businesses across sectors
GlobalData's David Bicknell discusses AI and the evolving threat landscape.
ExxonMobil and Shell considering bids for stake in Galp’s Namibia oilfield
TotalEnergies and Equinor are also interested in acquiring the 40% stake that Galp is looking to sell.
GeoPark to acquire interests in four blocks in Argentina
The acquisition comprises stakes in the Mata Mora Norte, Mata Mora Sur, Confluencia Norte and Confluencia Sur.
ABL Group to acquire energy consultancy Ross Offshore
Ross Offshore's current portfolio includes frame agreements for well management and consultancy on the Norwegian Continental Shelf (NCS).
How ELOKON and Carroll Technologies’ strategic distribution partnership will enhance industrial safety
ELOKON, a global leader in advanced safety and fleet management systems for industrial vehicles, has announced its strategic partnership with...
Crescent Energy to acquire SilverBow Resources in $2.1bn deal
The combined entity will have an estimated production of around 250,000 barrels of oil equivalent per day (boepd).
ADNOC looking to establish trading desk in US
This move is part of the United Arab Emirates (UAE) Government-backed oil and gas company’s efforts to expand its global presence.
Petrochemicals complex profile: Grupa Azoty Police Complex, Poland
Grupa Azoty Police Complex is an active petrochemical complex located in Western Pomerania, Poland. According to GlobalData, who tracks more...
Sinopec eyes stake in Canada’s Cedar LNG project
The nearly $4bn (C$5.47bn) Cedar project is expected to produce three million tonnes (mt) of liquefied natural gas (LNG) annually after its projected completion in 2028.
Shell to exit downstream businesses in South Africa, Malaysia
In Malaysia, Shell is in talks with state-owned Aramco to sell its network of approximately 950 fuel stations.
BW Group to separate oil and gas exploration business
BW Group holds 191.9 million shares in BW Energy, equating to 74.38% of the total issued and outstanding shares and voting rights.
ConocoPhillips Q1 2024 profit slumps more than 12% to $2.55bn
Total revenues and other income declined to $14.47bn from $15.51bn in the first quarter (Q1) of 2023.
ExxonMobil's $60bn Pioneer acquisition gets nod from US regulator
However, Pioneer's co-founder and former CEO Scott Sheffield has been barred from joining Exxon's board due to allegations of attempted collusion with OPEC and OPEC+.
Oil and gas firms turning to digital twins for generating actionable insights
Digital twins can effectively simulate the management of oil and gas assets and forecast potential scenarios.
Underwater ROV companies and manufacturers for the offshore industry
Underwater ROV companies and manufacturers for the offshore industry: Introduction The offshore industry is an industry where precision, reliability, and...
Amine Column Corrosion Long-Term Solution Saves $20m
This energy company in Malaysia operates various facilities across the country, including a chemical ammonia plant, located on the East...
Indonesia Energy Corporation commences seismic exploration at Kruh Block
3D seismic exploratory operations will facilitate the drilling of new production wells at the block by the end of 2024.