Oilfield services company Petrofac has announced further cost cuts to mitigate the disruption caused by COVID-19 on project progress and lower oil prices

There are signs that oil markets have tightened in recent weeks and will rebalance over time, said Dr Sultan Ahmed Al Jaber, UAE minister of state and Group CEO of the Abu Dhabi National Oil Company (ADNOC)

A new report by DNV GL has revealed that hydrogen has raised the priority list of many oil and gas organisations, taking a leading position in the sector’s decarbonisation efforts

Bureau Veritas is reporting a rise in the demand for remote inspection of offshore assets and equipment since the COVID-19 outbreak

Saudi Aramco has reported a 25 per cent drop in first-quarter earnings in the face of the collapse in oil prices and plunging demand arising from the COVID-19 pandemic