The International Energy Agency (IEA) is closely monitoring developments in the Strait of Hormuz including the recent seizure of a UK-flagged oil tanker and stands ready to act if needed

Tension continues to mount in the Gulf over the seizure of a British oil tanker by Iran and Prime Minister Theresa May is set to chair a meeting of Cobra to address the crisis

As the use of technology has significantly increased in oil and gas in recent years, it is fuelling demand of oil and gas analytics across the produces and operators, according to Transparency Market Research (TMR)

Oilfield services company Petrofac has inaugurated its construction skills training centre in Hassi Messaoud, Southern Algeria, following the completion of a programme to upgrade the centre’s facilities

Credit rating agency Moody’s Investor Service stated that the acquisition of Topaz Energy and Marine by DP World is credit negative because Topaz’s business is exposed to the oil and gas industry, which Moody’s considers to be more cyclical and therefore volatile than DPW’s traditional port business