Projected oil surplus of nearly 4 million bpd in 2026 and slowing demand
Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.
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Underground gas storage: a critical pillar for energy security
The International Gas Union (IGU) has released its Underground Gas Storage – A Critical Pillar for Energy Security Report, using data from the IGU’s unique members’ database and highlighting the fundamental role of gas storage as a strategic pillar of the future energy system.
Rockwell Automation: AI, IoT, and cybersecurity key drivers for transformation
Rockwell Automation report highlights AI, IoT, and cybersecurity as key drivers for digital transformation as technology adoption accelerates in oil and gas industry.
McKinsey: energy transition momentum may be slowing
McKinsey’s Global Energy Perspective finds energy transition momentum may be slowing due to growing affordability gap and diverging regional energy mixes.
AMPP updates its CIP Level 2 course to reflect evolving industry standards
AMPP announces updates to its Coating Inspector Program (CIP) Level 2 course, beginning this week.
Wood Mackenzie: CCU technology development lags behind CCS
Wood Mackenzie analysis reveals CCU technology development lags behind CCS, despite offering revenue potential.
ABB: Industrial downtime costs up to US$500 000/h and can happen every week
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.
Norwegian activity powers strongest quarter in a decade for Pipetech
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
Penspen marks record-breaking year in Middle East & Africa with US$400 million project wins and investment in local talent.
IEEFA: Global gas turbine shortages set to increase delays and costs for gas-to-power projects in Vietnam and the Philippines
Turbine production bottlenecks add to a lengthy list of regulatory and financial challenges delaying gas power expansion in emerging Asian economies.
Resumption of oil shipments through Iraq-Turkiye pipeline bolsters regional energy security
Oil shipments resumed through the Iraq-Turkiye pipeline on Saturday 27 September.
Total length of China’s submarine oil, gas pipelines surpasses 10 000 km
CNOOC says the total length of China’s submarine oil and gas pipelines has exceeded 10 000 km.
Net Zero Australia reaffirms critical role of gas and CCUS in transition
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 innovation engine secures £125 million in orders for process automation sector
IMI’s Growth Hub secures £125 million in orders, delivering real-world solutions for customers.
Wood Mackenzie: oil and gas companies must brace for tough 2026
Wood Mackenzie discloses oil and gas companies need to brace for tough 2026 as capital budgets fall and low-carbon spending faces further cuts.