Oil & Gas news worldwide

An overview of news, trends and research in the Oil & Gas industry in all countries:

Europe

Study: Number of gas stations in Europe to fall 45% by 2050 The number of traditional gas stations in Europe will decline by nearly half in the coming 25 years, mainly driven by the transformation of the vehicle fleet.
04 September 2024
United Kingdom

Interpath Advisory selected for Waldorf Production administration Fossil fuels group Waldorf Production has filed a notice to appoint administrators. Professionals from Interpath Advisory are reported to be working on the sale of its remaining assets.
16 August 2024
Kuwait

KBR advises Kuwait Oil Company on renewable energy masterplan Kuwait Oil Company has hired KBR to advise the company on a country wide masterplan for the development of renewables and hydrogen.
13 August 2024
Europe

5 future scenarios for the adaptation to climate change What is in store for the world in the not-so-distant future marked by the need to adapt to the increasingly dire effects of climate change? A report from Arthur D.
01 August 2024
Indonesia

Indonesia's oil & gas sector must step up decarbonization efforts The oil and gas industry in Indonesia must step up decarbonization efforts, though a knowledge gap and reluctance to make the necessary investments is holding back the transition.
31 July 2024
United States

Oliver Wyman to acquire Veritas Total Solutions Oliver Wyman, global management consultancy, has agreed to acquire Veritas Total Solutions, a Houston-based energy sector consulting firm.
19 June 2024
Saudi Arabia

AGOC brings in Agile Dynamics for organizational design Aramco Gulf Operations Company has selected Agile Dynamics as its lead consulting partner for organizational design.
17 May 2024
Middle East

Energy executives less optimistic on 2050 energy transition progress Executives in the energy and natural resources industry are expecting a slowdown in the progress of the energy transition. That is according to a new report from Bain & Company.
15 April 2024
United States

Energy transition slowing, finds L.E.K. study In 2023, energy firms prioritized oil & gas more than they have in recent years, according to L.E.K. Consulting’s fifth annual Global Energy Study.
03 April 2024
United States

McKinsey buys Houston-based Strategic Estimating Systems McKinsey & Company has acquired Strategic Estimating Systems (SES), a Houston-based consultancy focusing on cost estimation services for the oil and gas industry.
06 March 2024
Middle East

Petrofac's restructuring team floats proposal to lenders Late last year, Sharjah-headquartered Petrofac launched a major restructuring overhaul to reduce its debt load, with support from advisory firms Moelis & Company and Teneo.
05 March 2024
Middle East

Oliver Wyman helping Saudi Aramco with Big Data and AI unit Oliver Wyman is advising Saudi Aramco in their efforts to build a Big Data and AI unit.
20 February 2024
Saudi Arabia

Analysis: The transformative journey of Saudi Arabia's exports Saudi Arabia’s Vision 2030 is a wide-ranging government program that aims to diversify the economy of the Kingdom, transform and future-proof the business environment, and lift the welfare of citizen
31 January 2024
United Kingdom

Oil and gas prices prone to further fluctuation in 2024 The price of energy has trended downward from its record highs of 2022, relieving pressure on governments and corporations around the world.
13 November 2023
Middle East

The net zero path in transportation, oil & gas, industrials and utilities The World Governments Summit has teamed up with Arthur D. Little to chart a successful course for the net zero transition in four high emitting sectors.
02 November 2023
Middle East

Global oil & gas sector struggles with advancing diversity agenda In the evolving landscape of the oil and gas industry, gender equality continues to pose a persistent challenge.
02 October 2023
Canada

GLJ promotes Jonathan Hagel to VP of corporate evaluations GLJ, a Calgary-based energy sector consulting firm, has promoted Jonathan Hagel to vice president of corporate evaluations.
15 August 2023
Europe

Shell icons discuss the challenges of the global energy transition As the world looks to promote renewable energy in response to the mounting climate crisis, two of Shell’s most influential figures in recent decades maintain the sector has an important role to play
26 July 2023
Middle East

Study confirms hydrogen pipeline from GCC to Europe is feasible A pipeline crossing the Mediterranean to transport MENA’s abundant hydrogen supplies to Europe sounds fanciful and cost-ineffective, but a new study has found that such a project could be feasibl
30 June 2023
Saudi Arabia

Aramco first Middle East company to make BCG’s Top 50 Innovation list Aramco has been named one of the 50 most innovative companies in the world, having made its debut in Boston Consulting Group’s Most Innovative Companies 2023 report.
23 June 2023

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