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The October 2026 issue of World Pipelines explores pipeline activity across the MENA region alongside the technologies and techniques keeping pipelines protected, operational and moving: from coatings, isolation, and pressure testing, to pigging, subsea inspection, HDD and trenchless construction.

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Home/News/Business news

Business news

Browse the latest business news news and articles.

Petroleum prices reacted to economic and geopolitical uncertainty in the 2Q25
6 Aug 20253 min read

Petroleum prices reacted to economic and geopolitical uncertainty in the 2Q25

Energy prices – along with other globally traded commodities, equities, and currencies – were more volatile in 2Q25 amid significant uncertainty from concerns over economic growth as well as geopolitical tensions in the Middle East.

Rolls-Royce Power Systems sees double-digit growth – energy and governmental business drive earnings
4 Aug 20254 min read

Rolls-Royce Power Systems sees double-digit growth – energy and governmental business drive earnings

Rolls-Royce's Power Systems division, with its mtu product and solutions brand, continued its rapid profitable growth in the first half of this year.

MPLX LP to acquire Northwind Midstream
31 Jul 20252 min read

MPLX LP to acquire Northwind Midstream

Northwind provides sour gas gathering, treating, and processing services in Lea County, New Mexico.

Allianz Commercial note that the Insurance market for hydrogen could reach more than US$3 billion by 2030
30 Jul 20254 min read

Allianz Commercial note that the Insurance market for hydrogen could reach more than US$3 billion by 2030

Hydrogen will play a crucial role in driving the green transition with demand expected to surge in the coming decades.

Duke Energy announces sale of its Tennessee Piedmont Natural Gas business to Spire for US$2.48 billion
30 Jul 20253 min read

Duke Energy announces sale of its Tennessee Piedmont Natural Gas business to Spire for US$2.48 billion

The sale agreement for the Piedmont Natural Gas Tennessee business includes nearly 3800 miles of distribution and transmission pipelines and a liquefied natural gas facility serving approximately 205 000 customers.

Baker Hughes to acquire Chart Industries
29 Jul 20253 min read

Baker Hughes to acquire Chart Industries

Baker Hughes and Chart Industries have announced that they have entered into a definitive agreement under which Baker Hughes will acquire all outstanding shares of Chart’s common stock for US$210 per share in cash, equivalent to a total enterprise value of US$13.6 billion.

FIC announces further collaboration with Matterhorn Express Pipeline
29 Jul 20252 min read

FIC announces further collaboration with Matterhorn Express Pipeline

FIC says the transaction allows it to support the platform’s future growth while providing FIC’s pre-existing limited partners the opportunity to monetise performance on a successful investment in Matterhorn.

Pembina Pipeline reaches settlement with shippers on Alliance Pipeline
25 Jul 20254 min read

Pembina Pipeline reaches settlement with shippers on Alliance Pipeline

The settlement offers existing long-term firm shippers a one-time term extension option, enabling shippers to take advantage of the new term-differentiated tolls, effective 1 November 2025.

Chevron completes acquisition of Hess
22 Jul 20254 min read

Chevron completes acquisition of Hess

Chevron Corporation has announced that it has completed its acquisition of Hess Corporation following the satisfaction of all necessary closing conditions, including a favourable arbitration outcome regarding Hess’ offshore Guyana asset.

Sulzer expands operations in Argentina with third facility opening
17 Jul 20253 min read

Sulzer expands operations in Argentina with third facility opening

Sulzer's new facilities will support essential industries in the region, such as oil and gas, pulp and paper, power generation and food and beverage.

Wabtec finalises acquisition of Evident’s Inspection Technologies division
2 Jul 20252 min read

Wabtec finalises acquisition of Evident’s Inspection Technologies division

Wabtec has completed the acquisition of Evident’s Inspection Technologies division, formerly part of the Scientific Solutions Division of Olympus Corporation.

APAC on course to become world’s largest CO2 shipping market, forecasts new Xodus CCUS report
25 Jun 20254 min read

APAC on course to become world’s largest CO2 shipping market, forecasts new Xodus CCUS report

The report finds that by 2055, APAC could require over 90 storage sites, around 8000 km of pipelines and almost 80 specialist vessels in order to deliver its CO2 sequestration needs.

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