The world’s first floating windfarm is beginning to become a reality off the north-east coast of Scotland. One of the giant floating turbines has been put into position, while the remaining four are still awaiting transportation from a Continue reading Scotland’s floating wind farm begins to take shape
Orient Overseas Container Line (OOCL), a leading container shipping and logistics service company based in Hong Kong has appointed Shell Marine to supply its integrated services, including lubrication, for the Continue reading Shell Marine selected to provide lubrication solutions to Hong Kong ship
According to Baker Hughes, the US rig count rose by only two to 765 in the week ending July 14, representing the slowest pace of growth since November last year.
The news enabled Brent Crude to Continue reading Slowdown in US shale production helps strengthen oil market
Nigeria has signalled a willingness to accept production caps as part of its commitment to OPEC.
Emmanuel Kachikwu, Nigeria’s Oil Minister, was Continue reading Nigeria willing to accept production caps, but not quite yet
Bod Dudley, the CEO of oil giant BP, has stated that his company is planning for an oil price around the $50 a barrel mark for Continue reading BP’s CEO not expecting major oil price rise
ExxonMobil, which makes industrial lubricants such as Mobil SHC 630 and Mobil Vactra 4, has teamed up with General Electric (GE) to Continue reading ExxonMobil enters global collaboration on lubricants for gas engines
There’s an undeniable trend towards making wind turbines larger in order to cut costs. This is especially relevant to Continue reading Designing the world’s largest wind turbine
Straddling Eastern Europe and Central Asia, the former Soviet republic of Kazakhstan is the ninth-largest country in the Continue reading Kazakhstan’s oil industry explained
Bloomberg reports that Libya’s oil production has passed the landmark of a million barrels a day, marking a four-year high.
The news came from a Continue reading Libya’s oil output exceeds a million barrels a day
The first floating windfarm in the world has been introduced to a Norwegian fjord, from where the new turbines will be Continue reading World’s first floating windfarm takes to the water