In a commentary for CNBC, the CEO of the American multinational Emerson, David Farr, has written about how new technology will bolster the Continue reading Emerson CEO claims technology will further boost US production
Electricity giant GE has announced plans for its new offshore wind turbine, which promises to be the world’s largest and Continue reading GE announces world’s largest wind turbine
Revised data from the US Energy Information Administration (EIA) has revealed that the US set a new record for monthly crude production in Continue reading US monthly crude production hits new all-time high
In its well-respected annual energy outlook, oil major BP has said demand for oil will peak in the late 2030s, with the turnaround being driven by a revolution in electric vehicles Continue reading BP predicts demand for oil to peak in late 2030s
Khalid al-Falih, the oil minister for Saudi Arabia, has commented that he hopes to see OPEC production curbs relaxed in 2019 after the current deal expires, although he stressed the need for a more permanent framework in future to preserve stability in the oil markets. Continue reading Saudi Arabia hopes production curbs to relax in 2019
The Hywind floating windfarm off the coast of Peterhead in Aberdeenshire was the first of its kind when it began production in October 2017, but new data from Norwegian Continue reading Hywind floating windfarm exceeds expectations
Oil giant ExxonMobil has announced that it boosted its oil and gas reserves by 2.7 billion BOE (barrels of oil equivalent) in 2017.
Its total reserves now stand Continue reading ExxonMobil announces increased oil and gas reserves
Circulating and hydraulic oils
Different series within the Mobil DTE range are Continue reading Which Mobil DTE oil do you need?
The Paris-based International Energy Agency (IEA) has warned in its latest monthly report that US shale producers may thwart OPEC’s goal of Continue reading IEA warns that US shale producers may ruin OPEC’s plans
A recent report published by OPEC discloses that Venezuela pumped 1.6 million barrels per day (bpd) in January, 20% less than the Continue reading Venezuela’s oil output drops dramatically as it imports Russian crude