Shell has overtaken Chevron to become the world’s second largest non-state oil company, in the wake of the company’s acquisition of BG Group

Senior ministers from Kuwait and Iraq, as well as executives from some of the region’s leading energy companies, met in Kuwait last week to discuss the challenges facing the global energy sector

Craig International, an oilfield procurement specialist, is expanding into the Middle East following a contract to manage a US$55mn client spend with an operator in Qatar

Global energy demand will increase by 25 per cent between 2014 and 2040, driven by population growth and economic expansion, according to the 2016 edition of ExxonMobil’s The Outlook for Energy, which gives a long-range forecast of energy trends

The need to capitalise on distressed situations, grow international market share and acquire new technology will drive a surge in M&A activity in the oilfield services sector during 2016, according to a new research from international law firm Pinsent Masons