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Business Strategy News
13th March 2012
The global oil and gas news source covering deals, mergers and other oil and gas business news for the oil and gas industry.
Latest Business & Strategy News:
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11th March 2021 Last year, Aker Solutions established a business segment dedicated to the energy transition, such as low-carbon solutions and projects for renewable energy. Today, the company announces that it will also...
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9th March 2021 Shell Egypt and one of its affiliates have signed an agreement with a consortium made up of subsidiaries of Cheiron Petroleum Corporation and Cairn Energy PLC to acquire Shell’s upstream assets in...
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8th March 2021 McDermott International has announced that it has invested in Lummus Technology Holdings I LLC, a holding company of Lummus Technology. Under the terms of the share and asset purchase agreement for the sale...
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18th February 2021
ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market potential for hydrogen from natural gas whereby the CO2 will be captured and stored permanently offshore. 9th February 2021
Qatar Petroleum took the final investment decision for developing the North Field East Project (NFE), the world’s largest LNG project, which will raise Qatar’s LNG production capacity from 77 million tons per annum (MMTPA) to 110 MMTPA. 14th January 2021
Aggregate fossil fuel demand is set to peak in 2027 – with oil peaking in 2029 and gas in 2037 – partially due to the impacts of COVID-19, according to new research by leading global consultancy, McKinsey & Company. 
