Global upstream merger and acquisition (M&A) deals rebounded to pre-Covid-19 levels in 2021, reaching a total of US$181bn, a 70% increase over 2020, according to Rystad Energy research

Pharos Energy has signed the third amendment to the El Fayum concession agreement with the government of Egypt

The Saudi Arabian Oil Company announced the signing of one agreement and nine Memoranda of Understanding (MoUs) with leading Korean entities, in an aim to advance its downstream strategy and support development of low-carbon energy solutions, while creating new financing options for the company

Following ExxonMobil’s announcement of an ambition to achieve net-zero emissions for operated assets by 2050, Will Scargill, managing energy analyst at GlobalData, has highlighted his view on the company’s strategy

Masdar, Siemens Energy and TotalEnergies signed a collaboration agreement on the sidelines of Abu Dhabi Sustainability Week (ADSW) 2022, to act as co-developers for a demonstrator plant project, which will be established at Masdar City, Abu Dhabi’s flagship sustainable urban development