Business news

83% of industry decision makers agree that unplanned downtime costs a minimum of US$10 000/h, with 76% estimating an hourly cost of up to US$500 000.

A summer of extensive activity within the Norwegian Continental Shelf (NCS) has resulted in Denholm Pipetech, the flow remediation solution specialist, experiencing its best quarter for over a decade.

Penspen marks record-breaking year in Middle East & Africa with US$400 million project wins and investment in local talent.

Turbine production bottlenecks add to a lengthy list of regulatory and financial challenges delaying gas power expansion in emerging Asian economies.

Oil shipments resumed through the Iraq-Turkiye pipeline on Saturday 27 September.

CNOOC says the total length of China’s submarine oil and gas pipelines has exceeded 10 000 km.

A new report from Net Zero Australia confirms natural gas and carbon capture, utilisation and storage (CCUS) are essential to Australia’s net zero ambitions.

IMI’s Growth Hub secures £125 million in orders, delivering real-world solutions for customers.

Wood Mackenzie discloses oil and gas companies need to brace for tough 2026 as capital budgets fall and low-carbon spending faces further cuts.

Sempra announces strategic transactions including sale of 45% of Sempra Infrastructure Partners.

Rystad Energy’s oil market update 23 September 2025.

Pembina Pipeline Corp. has announced that the Canada Energy Regulator (the CER) has approved the negotiated settlement between Alliance Pipeline Ltd Partnership (Alliance) and shippers and interested parties (the Shipper Committee) on the Canadian portion of the Alliance Pipeline.

The EU cut its pipeline gas imports by 9% year on year in the first half (H1) of 2025, as the bloc increased its reliance on LNG and benefited from ongoing efforts to lower demand for the fuel, according to IEEFA.

Following 18 months of operational excellence and rapid adoption of its original solutions, PipeSense, the pipeline leak detecting and monitoring authority, is set to triple its headcount.

The OPEC+ group, comprising eight countries, has agreed to augment its production.