A comprehensive Rystad Energy analysis of oil production costs has revealed that the average breakeven price for all unsanctioned projects has dropped to around US$50 per barrel, down around 10% over the last two years, and 35% since 2014

Siemens Energy held a MEA Week virtual conference in partnership with the DIHK, Ghorfa, GMIS and Masdar,  from 19-21 October 2020, to drive forward the sustainability and decarbonisation agenda at a defining moment for the energy industry

The Organisation of Petroleum Exporting Countries’ (OPEC) recognition that global oil consumption will not continue growing forever is part of a growing chorus of gloom about the long-term outlook for oil, according to GlobalData’s MEED

Penspen has been awarded a detailed engineering contract for crude receiving facilities at Jebel Dhana from Target Engineering Construction Company, an engineering, procurement and construction (EPC) contractor in Abu Dhabi, the UAE