US to release oil reserves despite falling prices
06/12/2021 by Katie
The United States (US) look set to push ahead with its plan to release 50 million barrels of its strategic crude oil reserves, despite oil prices having already fallen due to concerns about the new…
BP announces second hydrogen plant in Teesside
04/12/2021 by OilStoreAdministrator
Oil, gas and energy major BP has announced plans for a second plant for hydrogen
TotalEnergies cycling team raises cash for hospice charity
02/12/2021 by Richard
A team of cyclists from TotalEnergies Marketing UK has took on a 160-mile “Tour de Pennines” challenge to raise funds for
Shell’s Singapore facility to get pyrolysis oil upgrader
29/11/2021 by greg
The Singapore facility of Shell is to receive investment for a new upgrader for pyrolysis oil, with this planned to be Shell’s first in
OPEC may adjust production in response to reserve releases
28/11/2021 by Richard
Bloomberg reports that at its next meeting, OPEC and its allies may choose to hold back in unwinding its longstanding production quotas to compensate for coordinated releases
Shell to move headquarters to the UK
26/11/2021 by OilStoreAdministrator
Royal Dutch Shell has announced plans to streamline its business structure by moving its headquarters to
UEA asks for calm over production increases
24/11/2021 by Richard
Speaking in Abu Dhabi at the Adipec energy forum, Suhail al-Mazrouei, the energy minister for the United Arab Emirates, called for calm, despite calls for the OPEC+ group to increase oil production in order reduce
TotalEnergies launches afforestation project
12/11/2021 by Richard
Energy major TotalEnergies has launched its Batéké Carbon Sink project in the Republic of Congo as the country
Shell to repurpose German refinery
10/11/2021 by Mark
Anglo–Dutch energy company Shell has announced that it will move its Rheinland refinery in Germany away from refining crude oil and toward
US shale oil production may rise again
08/11/2021 by Richard
Reuters is reporting that, according to some company executives, US production of shale oil, which accounts for more than 70% of the country’s oil production, may
Shell sets up $1.4 billion energy transition fund
08/11/2021 by greg
Energy giant Shell has announced a new $1.4 billion fund dedicated to investing in companies with innovative products for speeding up the
WinGD validates Talusia Universal
06/11/2021 by Richard
Winterthur Gas & Diesel (WinGD), a leading manufacturer of low-speed gas and diesel engines for marine use, has issued a revised No Objection Letter (NOL) for the Talusia Universal cylinder oil, with it now having…