Escalating Gulf conflict deepens threats to Hormuz oil flows, says GlobalData
GCC exports, global energy markets in flux, reports GlobalData.
GCC exports, global energy markets in flux, reports GlobalData.
Rystad Energy鈥檚 market update from Jorge Leon, Senior Vice President and Head of Geopolitical Analysis.
15% of global oil demand and 20% of global LNG supply typically transits critical waterway.
In the early hours of 28 February, the US and Israel launched direct and extensive military operations inside Iran, in what appears to be a campaign broader in scope and intensity than the previous 12-day confrontation. Intercontinental Exchange (ICE) Brent crude oil prompt-month prices are expected to rise by US$20/bbl when trade opens on 2 March.
National Gas is joining Centrica, Equinor and SSE Thermal in a bid to develop Britian鈥檚 first 鈥榟ydrogen heartland鈥 in the Humber.
The contract wins span onshore, offshore and diversified critical infrastructure projects globally, underlining the company鈥檚 continued expansion following a strong 2025.
Barents gas could hold the key for Europe's energy security and supply diversification.
Evolving its inspection business into a dedicated global provider of quality assurance and inspection services for energy, infrastructure and complex industrial supply chains.
Nearly all 2030 targets now unattainable despite historic coal phaseout; offshore wind deployment trails by 20% as government races to address grid bottlenecks and spiralling costs.
The Association for Materials Protection and Performance highlights measurable progress since 2021 and outlines what comes next.
Worley is supporting the AquaDuctus offshore hydrogen pipeline, a flagship project within the AquaVentus initiative that will play a central role in building Europe鈥檚 future hydrogen infrastructure.
The incident did not impact pipeline operations or the company鈥檚 ability to meet contractual obligations.
Chief Executive Officer, Peter O鈥橲ullivan notes that 鈥2025 stands out as one of the strongest commercial and delivery years in Penspen鈥檚 history.鈥
UCC Holding and PIPECARE Group sign JV partnership at LNG2026 to establish Syria鈥檚 national platform for pipeline integrity and rehabilitation.
Wood renews its contract with Kellas Midstream for CATS at Teeside (UK).