Following the arrests of two of its workers over a contractual dispute, Reuters reports sources saying that Chevron has evacuated its executives from Venezuela. Other workers have also been instructed to stay away from its facilities, which it operates as a joint venture with PDVSA, Venezuela’s state-owned oil company.
Since Venezuela’s government launched an anti-corruption purge last autumn, more than 80 PDVSA executives and other business partners have been accused of corruption. The arrests at Chevron were the first to involve a foreign oil company, however. The arrested workers reportedly Continue reading Chevron tells executives to leave Venezuela after arrests
A new video has been published showing a demonstration by ExxonMobil, the oil major that makes lubricants for Mobil UK stockists, from the exhibition floor of MRO Americas 2018, a leading event for the aviation maintenance industry.
In the demonstration, Gary K. Dudley, who is a global grease product technical advisor for ExxonMobil, begins by saying: Continue reading ExxonMobil demonstrates Mobilgrease 33 at MRO Americas 2018
When you order a high-performance hydraulic lubricant like Mobil DTE 25, you can be sure you’re doing the best for your machinery, but no lubricant lasts forever, especially when Continue reading Using bypass filtration to extend machine life
Investments in wind power across Europe jumped 9% to a total of €51.2 billion in 2017 according to the Financing and investment trends report from WindEurope.
It should be noted that Continue reading European spending on wind power up 9%
In a new first for Scottish wind power, the world’s most powerful wind turbine has been successfully set up off the coast of Aberdeen. The developers, Vattenfall, claim that a single rotation of the 8.8 megawatt turbine generates enough electricity to power an average home for a day.
The larger project, which is named Continue reading World’s most powerful wind turbine completed off Scottish coast
Venezuela’s problem-stricken oil industry suffered a new blow as the country reported a fresh drop in production to OPEC Continue reading Venezuela’s oil production continues drop
Speaking in an interview with CNBC, energy expert Tom Kloza, co-founder of the Oil Price Information Service, said that the record US crude oil exports could potentially unbalance the global oil markets.
Kloza Continue reading Energy expert thinks rising US oil exports could reverse crude’s rally
Figures for the first quarter show that Scottish onshore wind turbines generated 44% more electricity than the same quarter last year, which was also a record-breaking period at the time.
The data from WWF Scotland reveals that onshore wind power produced enough electricity for Continue reading Scottish wind power makes great start to year
The Iraqi government in Baghdad has given the green light to a plan to boost its oil capacity.
By 2022, the Continue reading Iraq set for large capacity boost
Russia’s oil production increased slightly in March for the first time since April last year. It reached an average of 10.97 million barrels per day (bpd), a little above its agreed limit of 10.947 million bpd as part of the OPEC-led production cuts.
Despite the rise, Russia’s energy minister, Alexander Novak, reaffirmed in a statement the country’s commitment to Continue reading Russian oil production hits 11-month high in March