This year may see a broadly balanced oil market, reflecting slackening demand in advanced economies (impacted by monetary tightening), OPEC+ alliance cuts, plus a slowdown in non-OPEC supply, says economist Moin Siddiqi

Maintenance strategies in the oil and gas industry have gradually transformed from their early days in the 19th century 

WEG, the global manufacturer of electrical motors and drives, will exhibit its latest products and technologies at the Egypt Energy Show (EGYPES), taking place from 19-21 February at the Egypt International Exhibition Center in Cairo, Egypt

Shell has reached an agreement to sell its Nigerian onshore subsidiary The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy group