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Mar 27, 20241 min read
Wood Group targets nearly £50m yearly savings in efficiency drive
The oil and gas engineering business said the ‘simplification programme’ has allowed it to lift its profit outlook for the year. Read...
Mar 25, 20241 min read
AI execs are turning to fossil fuels to power their tech revolution
AI is driving a dramatic new need for electricity, and while tech execs have long trumpeted their commitment to a green energy future,...
Mar 20, 20241 min read
Iran signs biggest oil deals in decades worth $13 billion
Iran has finalised deals worth $13 billion aimed at enhancing oil production in six major oil fields. The move marks Iran's most...
Mar 18, 20241 min read
To meet climate goals, Gulf countries will have to overhaul everything
In Dubai, it’s normal to leave your air conditioning running at all times, even if you go away for weeks. Read More:...
Mar 11, 20241 min read
Technology is driving net zero in the Middle East: WEF
AI has the potential to mitigate 5 to 10% of global greenhouse gas emissions Read More: https://www.oilandgasmiddleeast.com/news/technolo...
Mar 8, 20241 min read
Aramco launches world’s first industrial AI model
Saudi Aramco, the world’s largest oil company, has launched a generative artificial intelligence model. Read More:...
Mar 6, 20241 min read
Shell faces calls to safely decommission old assets before Nigeria exit
Nigeria needs to ensure that Shell safely dismantles its old infrastructure or pays to remove them from the Niger delta before its exit,...
Mar 4, 20241 min read
Oman’s $9bn refinery could benefit as Red Sea disruption affects global competition
A refinery on Oman’s eastern coast, which required $9 billion investment to build, has been resilient against recent disruption in the...
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