Pioneer Natural Resources Co. has agreed to buy Parsley Energy Inc. for $4.5 billion, the latest in a flurry of U.S. oil tie-ups as companies seek to weather low prices brought about by the coronavirus pandemic.

AVEVA and Chemicals Business, SCG, one of the largest petrochemical companies in Thailand and a key industry player in Asia, announced their strategic partnership to develop a Digital Reliability Platform (DRP)

Cognizant announced it has agreed to acquire Bright Wolf, a privately held technology services provider specializing in custom Industrial Internet of Things (IIoT) solutions for Fortune 1000 companies.

Verizon is joining forces with Microsoft to Offer Private 5G Mobile Edge Computing, thus creating new ways for enterprises to accelerate the delivery of fast and secure 5G applications, benefiting from reliable and low-latency connections. 

Yokogawa Electric Corporation announced the launch of a cloud-based solution that provides centralized energy management for the enterprise segment.

 Siemens Energy and Bentley Systems, Inc. have announced a joint solution that delivers intelligent analytics derived from domain experience to reduce operating expenditures associated with oil and gas assets.

Bentley Systems and Microsoft Corp. announced an expansion of a strategic alliance focused on advancing infrastructure for smart city urban planning and smart construction.

ConocoPhillips agreed to buy Concho Resources Inc. for about $9.7 billion in stock, the largest shale industry deal since the collapse in energy demand earlier this year and one that will create a heavyweight driller in America’s most prolific oil field.

ABB and IBM announced a collaboration to Bolster Cybersecurity for Industrial Operations