Oil and Gas
Integrated oil companies strengthen their financial resilience
For years, the profitability of major oil companies was closely linked to fluctuations in international crude oil prices.
Latest Oil and Gas News
Oil and Gas
Oceaneering Will Strengthen Petrobras’ Subsea Operations with ROV Technology
The contract awarded to Oceaneering incorporates remotely operated vehicles to execute subsea inspection and intervention tasks on Petrobras' offshore projects.
Oil and Gas
Oil prices rise due to US-Iran tensions as the market eyes the Strait of Hormuz
Oil rises amid new supply risks in the Middle East and maritime tension in the Strait of Hormuz.
Oil and Gas
Well-Safe to lead Apache’s Beryl decommissioning in the North Sea
Well-Safe Solutions will manage Apache's Beryl decommissioning within a program exceeding 260 wells.
Oil and Gas
AMETEK Process Instruments launches 993X Series gas analyzers for Zone 1
The new certified enclosures eliminate the need for purge gas in hazardous industrial environments and reduce infrastructure operating costs.
Oil and Gas
Yokogawa to serve as main automation contractor for the Commonwealth LNG project
Yokogawa will integrate control and safety systems for the future Commonwealth LNG plant in Louisiana.
Oil and Gas
India’s oil imports redefine energy supply
The increase in crude oil purchases from Russia and other suppliers strengthens supply security and reduces dependence on vulnerable maritime routes.
Oil and Gas
Four Million Barrels of Saudi Crude Advance Toward the Strait of Hormuz
Two VLCCs carrying Saudi crude advance toward Japan as Hormuz partially recovers its energy traffic.
Oil and Gas
Fluor signs agreement with Aramco to support global capital projects
Fluor will support Aramco on global capital projects through PMC services, engineering and construction management.
Oil and Gas
Energy markets drive global trading business
Energy markets are undergoing a period of high volatility that strengthens the trading operations of oil majors. Shell anticipates better second-quarter results thanks to…
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