Scotland’s floating wind farm begins to take shape

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 (more…)

Shell Marine selected to provide lubrication solutions to Hong Kong ship

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 (more…)

Slowdown in US shale production helps strengthen oil market

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 (more…)

Nigeria willing to accept production caps, but not quite yet

Nigeria has signalled a willingness to accept production caps as part of its commitment to OPEC.

Emmanuel Kachikwu, Nigeria’s Oil Minister, was (more…)

BP’s CEO not expecting major oil price rise

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 (more…)

ExxonMobil enters global collaboration on lubricants for gas engines

ExxonMobil, which makes industrial lubricants such as Mobil SHC 630 and Mobil Vactra 4, has teamed up with General Electric (GE) to (more…)

Designing the world’s largest wind turbine

There’s an undeniable trend towards making wind turbines larger in order to cut costs. This is especially relevant to (more…)

Kazakhstan’s oil industry explained

Straddling Eastern Europe and Central Asia, the former Soviet republic of Kazakhstan is the ninth-largest country in the (more…)

Libya’s oil output exceeds a million barrels a day

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 (more…)

World’s first floating windfarm takes to the water

The first floating windfarm in the world has been introduced to a Norwegian fjord, from where the new turbines will be (more…)

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