Aramco reported net income of US$25.5bn in the second quarter of 2021, compared to US$6.6bn in the same quarter of 2020, largely as a result of higher oil prices and a recovery in worldwide demand, supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating activity in key markets
SDX Energy, the MENA-focused energy company, has announced the spudding of the Hanut-1 exploration well (HA-1X), the second well in the Companys 2021 two-well drilling campaign in South Disouq following the successful IY-2 well announced in July
As part of its strategy to empower national talent to excel in the oil and gas sector, CC Energy Development (CCED), has seen 95% of its maintenance technicians and production team acquire the Advanced Diploma in Oil & Gas Operations from City & Guilds in the UK
Global capacity for hydrogen production from renewable energy or natural gas with carbon capture may increase by more than 20 times, reaching 14 mtpa by 2030, according to GlobalData
Danfoss has officially finalised its US$3.3 billion acquisition of Eaton’s hydraulics business following confirmation of all necessary regulatory approvals and closing conditions
