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Varex equals 24% of Teledyne’s imaging sales, but its margin is less than half as high

A resident subsea robot inspects offshore oil and gas infrastructure, illustrating how autonomous systems could reduce vessel dependence, offshore crew exposure and the cost of routine subsea inspection and maintenance. Representative image.

Offshore oil and gas is quietly replacing vessel days with subsea robots

Babcock & Wilcox raised $230m at $18.50. Its $50m buyback can now reverse 44% of those new shares

Bashar al-Assad sentenced to death in Syria, but Russia asylum leaves justice dilemma unresolved

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Energy Industry News

ConocoPhillips joins bp to advance Kirkuk oil redevelopment partnership in Iraq

ConocoPhillips plans a 42% entry into bp’s Kirkuk venture, adding long-life Iraqi resources while sharing capital, contract and geopolitical exposure.

July 19, 2026

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