The oil price bubble has burst. Wood Mackenzie forecasts Brent averaging US$78 a barrel in 2027 and potentially easing to US$70/bbl by 4Q27, following a US-Iran Memorandum of Understanding that has shifted market sentiment away from a prolonged Strait of Hormuz closure.
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Leading logistics, materials and operations management specialist, ASCO, has opened its first office in the Middle East, establishing a new presence in Qatar and strengthening its regional footprint.
Utonomy, the intelligent gas grid specialist, has announced the successful installation of its medium pressure solution at Delgaz Grid.
Sarens deployed an LTM1250 mobile crane configured to operate at a 200 t capacity, selected for its suitability in terms of required load capacity, site conditions, and compliance with the client’s schedule.
25 Jun 2026 - 25 Jun 2026
15 Jul 2026 - 15 Jul 2026
14 Sep 2026 - 17 Sep 2026
The new solutions deliver simpler and safer temperature measurement for applications in oil & gas, chemicals, marine, and power.
Neil Crosby, Head of Oil Analytics at Sparta, explores why expectations of lower oil prices and a swift return to normal shipping conditions in the Strait of Hormuz may be premature.
This month marks the tenth anniversary of the acquisition of Steadfast Scotland by The Marla Group.
Latest analysis suggests that EU carbon storage target falls 35% short as value-chain fragmentation constrains the NZIA 50 mtpa goal.
This was API’s very first standard and it is still relevant for the industry after dozens of evolutions.
EnerMech has successfully completed a complex offshore cleaning and preparation scope on the Bass Strait pipeline system.
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