Shell received $840 million at closing, compared with the $1.7 billion consideration announced when the deal was signed ...

Emerson’s 3,500-square-metre Qatar facility will open in phases, with its flow calibration lab scheduled for early 2027 ...

Baker Hughes has secured a major LNG equipment award and a significant carbon capture contract from QatarEnergy LNG as part of its first-quarter 2026 results. The LNG award relates to the North Field ...

Global offshore energy insurance premiums reached $4.8 billion in 2025, up just 0.1% year on year, as competition and rising claims costs continued to put pressure on insurers, according to the ...

Spiritus has secured letters of intent for over 3 million tonnes of annual CO₂ supply to enhance oil recovery, potentially unlocking 70 million additional barrels of oil.. Spiritus signs three CO₂ EOR ...

Pharos Energy reported a 30.4% revenue increase to $85.5m for H1 2026, driven by higher oil prices, while narrowing its net loss to $0.4m amidst ongoing production adjustments.. Pharos Energy H1 ...

Kazakhstan will auction 56 oil and gas blocks on December 25, 2026, expanding its offerings to 112 for the year, highlighting its extensive 30 billion barrels of oil reserves.. Kazakhstan to auction ...

Saudi Aramco plans to establish a new gas division, potentially attracting outside capital to support domestic gas ...

Abu Dhabi's XRG is in talks to acquire a stake in the Shell-led LNG Canada project, a facility crucial for Asian LNG supply ...

Private equity activity in the oil and gas sector saw a 60% drop in deal count to 16 in Q2 2026, as geopolitical tensions deterred investments, highlighting market instability.. PitchBook: Oil & Gas ...

Nominations have opened for the inaugural Arabian Business Industry Awards, recognising excellence across 28 categories, with a focus on impactful achievements over the past year.. Arabian Business ...

Libya's NOC warns of potential force majeure as an armed group halts output at the Sharara oilfield, cutting production to ...