Schlumberger Limited and Cameron International have announced a merger agreement in which the two companies will combine in a stock and cash transaction

BP and Emerson have signed a 10-year global agreement for enhanced oil and gas project execution and operational reliability

Accenture has entered into an agreement to acquire Schlumberger Business Consulting (SBC), management consulting unit of oilfield services company Schlumberger

Thomas Donato has been appointed president of Rockwell Automation’s Europe, Middle East and Africa (EMEA) region

Iran’s return to the global market will add about one million bpd, therefore lowering oil prices by US$10 per barrel next year, according to the World Bank, which also expects economic growth in the country to surge to five per cent in 2016 from three per cent this year