Business news

Rockwell Automation report highlights AI, IoT, and cybersecurity as key drivers for digital transformation as technology adoption accelerates in oil and gas industry.

McKinsey’s Global Energy Perspective finds energy transition momentum may be slowing due to growing affordability gap and diverging regional energy mixes.

AMPP announces updates to its Coating Inspector Program (CIP) Level 2 course, beginning this week.

Wood Mackenzie analysis reveals CCU technology development lags behind CCS, despite offering revenue potential.

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.