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New initiative aims to automate offshore tank cleaning

22/08/2025 by Mark

SBM Offshore and Ambipar have announced a new project to develop a robotic solution for cleaning the tanks of
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BP reports stronger than expected quarter

18/08/2025 by Richard

UK-based oil major BP has announced its results for the second quarter, with them being ahead of analysts’ expectations.
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ExxonMobil announces more production offshore of Guyana

15/08/2025 by OilStoreAdministrator

Guyana in South America has received a boost to its oil-producing capacity, with the announcement that ExxonMobil’s Yellowtail project has started production.
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Fuchs reports challenging environment for first half

14/08/2025 by Mark

Reporting its results for the first half of 2025, Fuchs SE has pointed to challenging market conditions during the period.
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Kluber to attend Lubricant Expo 2025

13/08/2025 by Richard

Those attending this year’s Lubricant Expo will be able to benefit from the expertise of Kluber Lubricants, a leading maker of speciality lubricants.
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Board at Chevron gains key new member

12/08/2025 by OilStoreAdministrator

Oil major Chevron has announced that John B. Hess has joined its board of directors.
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OPEC+ subgroup proceeds with production increases

11/08/2025 by Mark

The eight OPEC+ participants involved in voluntary production cuts have announced a further rewinding of those cuts, putting downward pressure on oil prices.
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Chevron to triple-frac almost half of Permian wells

08/08/2025 by Richard

US oil major Chevron says it expects to use “triple-frac” technology on nearly half of its new wells in the Permian Basin this year.
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Petronas widens collaboration with Microsoft

07/08/2025 by OilStoreAdministrator

Tech giant Microsoft has extended its collaboration with Petronas to cover the artificial intelligence (AI) ecosystem through the signing of a new memorandum of understanding (MoU).
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TriGen proposes profitable way of decarbonising gas and oil

06/08/2025 by Mark

Writing in Innovation News Network, TriGen CEO Pieter Kapteijn has outlined an economically viable strategy whereby gas and oil production can be decarbonised.
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TotalEnergies announces startup of Angola projects

05/08/2025 by Richard

France-based TotalEnergies has announced that two new offshore projects have begun production in Angola.
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TotalEnergies increases investment in sustainable forestry

04/08/2025 by OilStoreAdministrator

Energy giant TotalEnergies has announced a new agreement with a project developer based in Arkansas in the US to protect forests as carbon sinks.
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