Business
Oil and Gas News
Aerzen acquires GPE Turbo
AERZEN, a global manufacturer of blowers, compressors, and turbos, has acquired GPE Turbo, strengthening its position as a technology pioneer and market leader.
1 min |
January 2026
Oil and Gas News
Senegal's President calls for African energy sovereignty
SENEGALESE President Bassirou Diomaye Faye emphasised deepening coordination among Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry, urging global investors to recognise Africa as a region ready to shape its energy future, at the MSGBC Oil, Gas & Power 2025 conference in Dakar.
1 min |
January 2026
Oil and Gas News
The JIP33 tube fitting specification ensures 'improvement' in O&G ops
Ensuring compliance with JIP33 reduces risk, improves long-term reliability of systems and suppliers, and helps to reduce variation throughout the supply chain while enabling greater capital cost control
4 min |
January 2026
Oil and Gas News
Why asset integrity will shape KSA's energy and industrial sector growth?
The Kingdom needs a shift from reactive maintenance to lifecycle-led asset integrity strategies for operational resilience as facilities upgrade and expand, Dennis Snijders, Director Middle East & North Africa, IGS, tells OGN
4 min |
January 2026
Oil and Gas News
Africa needs $375bn to develop its natural gas sector
AFRICA requires an estimated $375 billion over the next 10-12 years to fund upstream and midstream gas development, according to the Society of Petroleum Engineers (SPE).
1 min |
January 2026
Oil and Gas News
Environmental transformation benefits can reach $20trn annually by 2070
Planetary degradation is intensifying across all systems, threatening achievement of international sustainability goals and human well-being despite multiple pathways existing for transformational change, says UNEP's report
5 min |
January 2026
Oil and Gas News
Dacke Industri takes 70pc stake in Hydronit
DACKE Industri has acquired 70 per cent of Hydronit, an Italian specialist in modular hydraulic power units for mobile, industrial, and marine applications, with the remaining shares retained by the current owner.
1 min |
January 2026
Oil and Gas News
FERC directs PJM to set Al-friendly grid rules
THE Federal Energy Regulatory Commissin (FERC) of the US has directed grid operator PJM to establish transparent rules to facilitate service of Al-driven data centres and other large loads co-located with generating facilities.
1 min |
January 2026
Oil and Gas News
Sabic co-hosts second edition of BFA Riyadh Conference
SABIC, a leader in diversified chemicals, co-hosted the Boao Forum for Asia (BFA) Riyadh Conference 2025 in Riyadh, Saudi Arabia, for the second consecutive year.
1 min |
January 2026
Oil and Gas News
Refineries unlock $3 savings per barrel through integrated process optimisation
Operational improvements spanning advanced controls, maintenance excellence and energy efficiency deliver measurable margin gains as industry adapts to volatile market conditions and tightening specifications
5 min |
January 2026
Oil and Gas News
IWCF launches new framework for well control training
THE International Well Control Forum (IWCF) has introduced Quality Assured, a new framework ensuring non-accredited well-control training meets high industry standards.
1 min |
January 2026
Oil and Gas News
Underground gas storage hits 424 bcm globally, securing energy supply
Middle East capacity reaches 9 bcm as world relies on 699 facilities for seasonal balancing and energy security amid growing renewable integration challenges, says an IGU report
4 min |
January 2026
Oil and Gas News
AVEVA leads digital transformation by merging AI and human insight
AVEVA is helping energy companies scale digital transformation by unifying data, AI, and human expertise, and accelerating the Middle East's transition toward high-performance industrial systems, Jesus Hernandez tells OGN
7 min |
January 2026
Oil and Gas News
Kingdom connects grid to largest global BESS project
SAUDI Arabia has completed grid connection of its landmark energy storage system (ESS) project with the nameplate capacity of 7.8 GWh.
1 min |
January 2026
Oil and Gas News
Summit to advance India's power sector
The summit will focus on India's sustainable electricity sector
1 min |
January 2026
Oil and Gas News
Jotun unveils 'groundbreaking' passive fire protection coating
The Jotachar 1709XT, engineered for hydrocarbon fires, delivers superior mechanical strength, faster application, and significant carbon savings by preserving steel integrity, Andy Czainski tells OGN
5 min |
January 2026
Oil and Gas News
Al-backed $17trn investment wave to reshape global industrial infrastructure
Annual infrastructure investment of $10 trillion plus $7 trillion for data centres over five years creates self-perpetuating Al transformation cycle driving additional 1pc global GDP growth, says Mark Moffat
3 min |
January 2026
Oil and Gas News
Saudi Arabia's flagship mega-projects signal industrial transformation era
$180 billion infrastructure offensive transforms Kingdom into a manufacturing powerhouse through integrated refining and petrochemicals expansion
3 min |
January 2026
Oil and Gas News
Fadhili Gas Plant Expansion - Package 2 - Sulphur Recovery Units (SRUS)
BACKGROUND Aramco is planning for an estimated $4 billion-plus project that will expand the output potential of the Fadhili gas plant by 1.5 billion cu ft a day (cf/d) through the addition of three processing trains, each with a capacity of 500 million cf/d.
1 min |
January 2026
Oil and Gas News
Going beyond tradition: The power of advanced catalysts and adsorbents
Advanced catalysts and adsorbents offer a powerful means of enhancing refinery performance while managing risk, without committing to disruptive process changes Dr Meritxell Vila-Fontes tells OGN
5 min |
January 2026
Oil and Gas News
SAUDI ARABIA CEMENTS GLOBAL REFINING AND MANUFACTURING LEADERSHIP
The Kingdom accelerates downstream integration through strategic partnerships, targeting 4 million bpd crude-to-chemicals conversion by 2030 while maintaining supply reliability
6 min |
January 2026
Oil and Gas News
IFS Loops' digital workers 'revolutionise industrial enterprise operations
Agentic Al technology achieves up to 40 per cent error reduction whilst freeing quarter of top talent for strategic work, Somya Kapoor tells OGN
4 min |
January 2026
Oil and Gas News
RENEWABLES SURGE TO RECORD HIGHS AS FOSSIL FUELS MOUNT FIERCE FIGHTBACK
The energy landscape is locked in a fierce, data-driven competition as renewables reach unprecedented global penetration, forcing fossil fuel entities to diversify and reinforce their market position amid soaring global demand
6 min |
December 2025
Oil and Gas News
Adnoc Drilling to buy 80pc stake in MBPS
ADNOC Drilling Company has entered into definitive agreement to acquire 80 per cent of MB Petroleum Services (MBPS), one of the leading drilling and oilfield services (OFS) providers in the region with operations in Oman, Kuwait, Saudi Arabia and Bahrain.
1 min |
December 2025
Oil and Gas News
IEA reverses oil demand peak forecast amid policy shifts
THE International Energy Agency (IEA) has dramatically revised its energy outlook, now projecting that oil demand could continue growing through to 2050 rather than peaking by 2030 as previously forecast.
1 min |
December 2025
Oil and Gas News
GPCA Forum to highlight collaboration
THE Gulf Petrochemicals and Chemicals Association (GPCA) will hold its 19th Annual GPCA Forum around the theme \"Catalysing Competitiveness through Strategic Partnerships,\" highlighting the importance of collaboration, innovation, and sustainability in the global chemical industry.
1 min |
December 2025
Oil and Gas News
Aramco seals $30bn deals, MoUs with US firms
ARAMCO has announced 17 Memoranda of Understanding (MoUs) and agreements with a potential total value of more than $30 billion with major companies in the US, through its Aramco Group Companies.
1 min |
December 2025
Oil and Gas News
Al, digital twins are modernising power systems, accelerating path to net-zero
The future energy operating system will use Al to predict and balance supply and demand, ensuring resilience, and enabling new energy markets
5 min |
December 2025
Oil and Gas News
ITT completes $25m Saudi IP facility expansion
ITT has completed the second phase of a planned $25 million expansion of its Industrial Process (IP) manufacturing facility in Dammam, Saudi Arabia.
1 min |
December 2025
Oil and Gas News
Nuclear power hits record highs as industry eyes ambitious 2050 targets
Global nuclear generation reached unprecedented levels in 2024, whilst mounting pressure from data centres and climate commitments drives accelerated expansion plans
4 min |