Industry

Rethinking energy projects’ status quo

Final Badar ChaudharyIn the wake of the burgeoning push to find project financing for new types of greener energy projects and innovations, Badar Chaudhry, senior vice-president, unit manager, energy sector, Mashreq Bank, is raising the critical question– how to avoid a potentially financially crippling surge in stranded fossil fuel assets, notably coal and oil

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Oil prices declined as the market reacts to new COVID-19 strain setback: Rystad Energy

COVID new strainThe new strain of COVID-19 is affecting some oil demand but the news of a final US stimulus agreement are also too significant to brush off, according to Louise Dickson, oil markets analyst at Rystad Energy

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Global oilfield communications market to be worth US4.5bn by 2025

AdobeStock 222610694The global oilfield communications market size grew from US$3.4bn in 2020 to US$4.5bn by 2025, at a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period

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Aramco and Cognite partner to accelerate digitalisation

Aramco and Cognite JV Signing CeremonySaudi Aramco Development Company, a subsidiary of Aramco, and Cognite AS, a leading industrial software company, have agreed to establish a joint venture to progress digitalisation in Saudi Arabia and the broader Middle East and North Africa region

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Leading energy companies announce Transition Principles

AdobeStock 209649504Eight leading energy companies have jointly developed and agreed Principles as a collaborative platform for energy transition

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