October

McDermott collaborates with shell to decarbonise construction
McDermott has signed a memorandum of understanding (MoU) with Shell to collaborate on decarbonising construction.

Tepid Climate Deal, U.K. and France Spar on Fish: G-20 Update
Negotiators reached agreement on the climate section of the Group of 20 summit’s final conclusions, but had to water down initial proposals to get everyone to sign off on a statement for leaders to take to the COP26 meeting in Glasgow this week.

Aramco profits soar in third quarter
Saudi’s oil giant Aramco reported a 158 percent increase in net income to US $30.4 billion within the third quarter of this year, compared to last year, due to a higher crude oil prices and volumes sold and stronger refining and chemicals margins in Q3.