The US to spearhead global ammonia capacity additions by 2030
The US is poised to spearhead global ammonia capacity additions by 2030, driven by the abundance of low-cost natural gas …
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Oil futures dip but surge for week amid attacks on shipping routes
Oil futures fell sharply on Friday 24 July, but both Brent and West Texas Intermediate (WTI) remained set for their …
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Matador Resources to acquire Paloma Permian for $1.3bn
Matador Resources has entered into a definitive agreement to acquire Paloma Permian from EnCap Investments in a deal valued at …
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Searah begins work on Indonesia floating gas plant for North Hub
Searah, a joint venture between Eni and Petronas, has commenced development of a floating gas processing facility as part of …
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TotalEnergies reports $5.4bn net income in Q2 2026
TotalEnergies reported net income of $5.4bn in the second quarter of 2026 (Q2 2026), a 100% increase from $2.7bn in …
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ABL secures MWS contract for PNG’s first offshore FSO facility
ABL Group has been appointed by Oil Search (PNG) to provide marine warranty survey services (MWS) for Papua New Guinea’s …
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Asia to spearhead global upcoming oil and gas projects outlook by 2030
The global oil and gas project pipeline is expected to grow significantly during the 2026 to 2030 outlook period, supported …
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Equinor net income soars 267% to $4.84bn in Q2 2026
Equinor reported net income of $4.84bn (Nkr46.39bn) for the second quarter of 2026 (Q2 2026), up 266.7% from $1.32bn in …
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EC launches detailed investigation into Saipem and Subsea 7 merger
The European Commission (EC) has initiated an in-depth probe into the previously announced merger between rival offshore engineering and construction …
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Vallourec to supply pipes for Atapu 2 offshore project in Brazil
Vallourec has secured a contract from Allseas to supply carbon steel seamless line pipes and thermal insulation coating for the …
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Asia to dominate global propylene capacity additions by 2030
Asia is poised to dominate the global propylene capacity additions by 2030 to satisfy surging domestic demand for end-use products …
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North America leads global SAF production capacity growth through 2030
North America is expected to remain the largest contributor to global sustainable aviation fuel (SAF) production capacity additions during the …
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Eni Côte d’Ivoire selects Saipem for $260m offshore drilling project
Italian oilfield services company Saipem has secured a new offshore drilling contract valued at around $260m (€227.78m) from Eni Côte …
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GE Vernova wins order for six gas turbines to aid Hawaiian grid stability
GE Vernova has secured a contract with Hawaiian Electric (HECO), the electric public utility in Hawaii, to supply six LM6000VELOX aeroderivative package …
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Beyond AI: Future-proofing oil and gas with private 5G
AI is rapidly reshaping the hydrocarbon sector, from exploration and drilling to transportation, refining and asset management. Under constant pressure …
