Shell, TotalEnergies, Equinor and BP commit to affordable energy
22/11/2024 by Richard
Four major energy companies have come together to pledge $500 million of investment in providing affordable energy to underserved populations.
TotalEnergies to deploy methane monitoring as standard
21/11/2024 by Mark
France-based TotalEnergies has announced that it will deploy equipment that can measure methane emissions in real time across all its upstream assets.
Chevron VP talks about energy transition and technology
20/11/2024 by OilStoreAdministrator
Chevron Technical Center’s vice president, Balaji Krishnamurthy, has given an interview with ADIPEC News in which he talked about the need for a balanced energy transition.
Shell welcomes appeal court ruling
19/11/2024 by Richard
Energy giant Shell has said it welcomes a ruling from the Dutch Court of Appeal overturning a previous ruling about the pace of its emissions reduction.
OGDC publishes its Baseline Report
18/11/2024 by Mark
The Oil & Gas Decarbonization Charter (OGDC) recently published its Baseline Report to serve as a basis for tracking emission reduction in the gas and oil industry.
Chevron marks milestone in Gulf of Mexico
15/11/2024 by OilStoreAdministrator
US-based oil major Chevron has celebrated the 500th million barrel of oil equivalent being produced from the Tahiti Field in the Gulf of Mexico.
OPEC boss hits back on demand growth forecasts
14/11/2024 by Richard
Haitham Al Ghais, the Secretary-General of OPEC, has hit back at forecasts of weak demand growth, calling them pessimistic.
OPEC+ postpones production increases
13/11/2024 by Mark
The OPEC+ group has delayed its planned relaxation of some production cuts as global supermajors report record production levels.
TotalEnergies publishes this year’s Energy Outlook
12/11/2024 by OilStoreAdministrator
France-based TotalEnergies has published the latest annual TotalEnergies Energy Outlook, which supplies three scenarios for how the global energy system may develop.
Fuchs reports strong results for year so far
11/11/2024 by Richard
Germany-based lubricant provider Fuchs SE has reported good financial results for the first three quarters of the year despite challenging market conditions.
Chevron announces record quarterly production
08/11/2024 by Mark
Oil major Chevron produced more oil than ever before in the last quarter, according to its third-quarter results.
ExxonMobil announces highest production for 40 years
07/11/2024 by OilStoreAdministrator
US-based oil major ExxonMobil has announced that its liquids production hit the highest level in 40 years.