Rystad commentary on UAE's exit from OPEC+ and other market updates
The UAE’s decision to exit OPEC+, effective 1 May, has drawn considerable attention from oil market participants, Rystad Energy reports.
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Wood Mackenzie: UAE exit rattles OPEC’s grip on the oil market
The UAE's withdrawal from OPEC, effective 1 May 2026, represents the most significant fracture in the organisation's 66-year history and increases the risk of oversupply weakening prices, according to Wood Mackenzie.
Servomex redefines reliability with the SERVOTOUGH SpectraExact 2500F
Servomex has upgraded its SERVOTOUGH SpectraExact 2500F, delivering a more flexible, highly accurate gas and liquid water analyser for hazardous areas. The rugged design supports toxic, flammable and corrosive samples while reducing maintenance through non-depleting NDIR technology and easy servicing.
Baker Hughes announces sale of Waygate Technologies to Hexagon
Baker Hughes has announced that it has entered into an agreement to sell its Waygate Technologies business to Hexagon, a provider of measurement technologies.
Strengthening process safety
In the April issue of Hydrocarbon Engineering, Colin M. Frazier, American Petroleum Institute (API), discusses how proactive planning can help establish strong, prevention-focused safety systems within refineries.
API and AFPM back legislation to halt state laws and lawsuits affecting American energy
The API and AFPM have issued a statement following the introduction of legislation to address a wave of lawsuits and 'climate superfund' laws targeting US energy producers.
IGS: nearly half of Gulf oil and gas assets beyond design life
IGS has reported that a growing share of oil and gas infrastructure across Saudi Arabia and the UAE is operating beyond its intended design life, an issue intensified by regional disruption.
More Special reports news
New report: cyber-resilient infrastructure starts with early, strategy-driven design
A new report from Black & Veatch and Takepoint Research finds OT cybersecurity is still introduced too late in most industrial capital projects, increasing long-term risk and cost.
Wood Mackenzie: Europe and Asia's response to 60% Middle East crude export collapse reshapes global energy trade
North American crude replaces Middle East flows as Europe faces structural diesel deficit while exporting gasoline surplus eastward, reports Wood Mackenzie.
Cracking the challenge
Al Geraskin, Integrated Global Services (IGS), Czech Republic, examines challenges facing steam cracker performance, and provides solutions that can maximise olefin production and ensure sustainability.
Wood Mackenzie: Middle East disruption could cut global oil demand 20% and gas 10% by 2050
Wood Mackenzie report that prolonged disruption to Middle East energy supplies could accelerate a structural shift in global energy systems, halving oil and gas import dependence by 2050 and reducing oil demand by 20% and gas demand by 10% relative to the base case.
Enhancing efficiency
Anton Korobeynikov, Integrated Global Services (IGS), Czech Republic, discusses how advanced robotic convection cleaning can enhance styrene production efficiency.
Capital: analyst reaction to ceasefire calls
Daniela Hathorn, Senior Market Analyst, Capital.com, offers commentary on the latest developments in the Middle East, and how this is likely to affect global oil markets.
Hormuz closure and related production outages are key drivers in EIA’s latest forecast
The US Energy Information Administration published its April Short-Term Energy Outlook this week, examining the implications of the closure of the Strait of Hormuz.
Integrated Dewaxing and Deoiling Systems - A Modern Integrated Approach for Advanced Wax and Base Oil Production
Integrated solvent dewaxing and deoiling systems gradually replace conventional wax separation units in refineries. The combination of solvent dewaxing and solvent or solvent-free deoiling improves operational efficiency and final products qualities. It reduces investment and operating costs. Refineries are unlocking additional value while meeting increasingly stringent market and regulatory requirements.