Energy, Oil & Gas

Middle East tensions spark energy supply chain shock

The Middle East conflict is causing an energy-led supply chain shock, with very different effects around the world even as market pricing suggests weeks of disruptions, not days or months, said an expert, stating that this episode adds to inflation risk in a world shaped by supply factors. ...

Energy, Oil & Gas

Wärtsilä to expand Finnish production capacity by 35pc

Technology group Wärtsilä will invest approximately EUR 140 million ($165,4 million) to further expand its production capacity by 35 per cent at its technology centre, Sustainable Technology Hub (STH) in Vaasa, Finland and associated global supply chain....

Energy, Oil & Gas

ASMO expands procurement services for Saudi Aramco

ASMO, a joint venture between Saudi Aramco Development Company and global logistics leader DHL, has announced the expansion of its procurement services for Aramco with the management of 120 additional procurement deals covering general supply materials. ...