Cox Automotive Europe predicts automotive recovery
21/01/2023 by greg
Despite the supply of new vehicles being disrupted since the COVID-19 pandemic, Cox Automotive Europe has estimated that the global market for automobiles will make a tentative recovery this year.
Chinese GDP data keeps oil prices steady
20/01/2023 by Richard
China has released its GDP data for last year, and despite the oil markets eagerly anticipating it, the news has failed to trigger any substantial movements in oil prices.
Norway awards 45 new exploration licenses
19/01/2023 by Mark
The Ministry of Petroleum and Energy of the largest producer of crude oil in Western Europe, Norway, has issued 45 new exploration licenses to some 25 companies as part of its APA 2022 licencing round,…
ExxonMobil collaborates with WEICan to improve wind lubricants
18/01/2023 by Mark
US-based oil major ExxonMobil is collaborating with the Wind Energy Institute of Canada (WEICan) to work on creating next-generation lubricants for the wind industry.
Norway expects continuing high levels of oil and gas production
18/01/2023 by Richard
According to the Norwegian Petroleum Directorate (NPD), the country will continue producing natural gas at near record highs, while the ramping up of production in the massive Johan Sverdrup field will contribute to a 6.9%…
UK firm selected to provide BP’s well engineering services
18/01/2023 by OilStoreAdministrator
Aberdeen-based THREE60 Energy, which offers complete solutions to the energy industry, has been awarded a five-year contract to provide energy major BP with well engineering services around the world.
BP appoints executive from Equinor to lead ventures division
17/01/2023 by Mark
UK-based energy company BP has recruited Gareth Burns to lead its worldwide ventures business.
ENEOS joins Shell in certification programme
16/01/2023 by OilStoreAdministrator
The biggest lubricant company in Japan, ENEOS, has joined the ElectroSafe Fluid Partner Program that was launched by GRC at the end of last year.
Shell makes digitalisation agreement with Kabal
15/01/2023 by Katie
Energy company Shell, which is now headquartered in the UK, has come to a global agreement with Kabal, which provides software as a service (SaaS) solutions to energy companies to support their supply chains and…
US saw second-highest oil production on record last year
13/01/2023 by Richard
Initial data from the Energy Information Administration (EIA) indicates that US oil production last year was at its second-highest level on record.
Chevron accelerates activities in Venezuela
12/01/2023 by greg
US-based oil major Chevron is continuing to increase its operational activities in Venezuela after being granted a license by the US Government to increase the scope of its operations there.
New record set for UK wind power in 2022
12/01/2023 by Mark
According to the National Grid, the UK generated a record amount of wind power in 2022, with it providing over a quarter of the country’s electricity.