Business news

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

If current trends persist, future energy demand will outpace demand expectations in many scenarios, positioning natural gas as the most scalable and responsive solution to meet growing power needs and stabilise grids.

Survey findings point to rapid growth of hybrid, multi-cloud and AI systems creating blind spots and complexity that leads to risk.

Edinburgh headquartered CRC Evans, the leading global welding and coating specialist across international energy and infrastructure projects, has announced the appointment of Mauro Piasere as its new Chief Executive Officer (CEO).

Plains All American Pipeline, L.P. and Plains GP Holdings to buy stake in EPIC Crude.

Speaking at the company’s general assembly, Minister of Petroleum and Mineral Resources Karim Badawi said the ministry has a clear vision for developing and maximising the use of the PPC.

Jafurah is the largest non-associated gas development in the Kingdom of Saudi Arabia, estimated to contain 229 trillion ft3 of raw gas and 75 billion bbls of condensate.

The acquisition is subject to customary completion conditions, including certain regulatory consents, and is expected to complete in 4Q25.

SFPP announces binding Open Season for additional capacity on its East Line System.

Australian Energy Producers will recommend a prospective reservation policy as part of a suite of actions to deliver more gas supply to the domestic market and provide certainty to gas producers and users.

Latest Short-Term Energy Outlook forecasts that US working natural gas inventories will reach 3872 billion ft3 by the end of October.

State-run Petroperu is working on a framework agreement with its counterpart Petroecuador to connect oil wells in Ecuador with Peru's northern pipeline, its chairman said.

Valmet signs a strategic agreement to deliver valve services to Petrobras in Brazil.

Ditch Witch announces strategic moves to accelerate growth and industry leadership.

Danny Peachey from HTL Group, a provider of hydraulic cutters, looks at five digital trends already influencing pipeline operations, from AI-driven monitoring to predictive maintenance.