Work starts on wind farm at Den Brook
30/08/2015 by OilStoreAdministrator
Construction work is now underway on a new wind farm located at Devon’s Den Brook valley, with the company behind the
Fuchs seeking further expansion deals
27/08/2015 by OilStoreAdministrator
Fuchs Petrolub, part of the German lubricants company Fuchs, has confirmed that it is currently seeking
Shell to sell Tongyi stake
21/08/2015 by OilStoreAdministrator
Prominent oil company Royal Dutch Shell has made a deal to
The workers behind oil production
14/07/2015 by Richard
The extraction of oil from beneath the ground is a process that has been practised, honed and improved over more than 150 years of exploration and production. It is not known for certain when the
Shell purchase of BG Group moves step closer
08/07/2015 by Mark
The £47bn strategy Shell has embarked on with the aim of becoming the biggest oil manufacturer in the world has taken a step nearer to fruition, as its plans to purchase BG Group are submitted…
Princeton announces ExxonMobil support
17/06/2015 by Mark
ExxonMobil recently confirmed that it has agreed to a five-year partnership with Princeton University, which will see the oil giant donate millions to the US institution over that period. The team-up was first announced by…
Oil prices may spike due to lack of discoveries
03/06/2015 by Richard
A top executive at BHP Billiton has warned that oil prices might go up because the industry has not yet invested enough in new sources of supply. Tim Cutt has argued that as the American…
DCC Energy makes major bid to acquire Shell business
27/05/2015 by Mark
Irish firm DCC Energy has made an offer of €464m (£332.3m) to buy Butagaz, the French Liquefied Petroleum Gas (LPG) company owned by Royal Dutch Shell. Shell announced the offer in a press release, adding…
Shell agrees sale of nearly 200 UK petrol stations
13/05/2015 by Mark
Oil industry giant Royal Dutch Shell confirmed recently that it had agreed terms to sell 185 of its petrol stations across Britain, enabling independent forecourt operators to further expand their portfolios. The UK’s largest oil…
Shell awards contract extensions to Subsea 7
22/04/2015 by Mark
Shell Upstream International Europe has announced that it has awarded contract extensions worth approximately $240m to Aberdeen-based engineering firm Subsea 7. The twin contract extensions, which are on a life of field basis, cover the…
Exxon Mobil puts large-scale growth in motion
20/03/2015 by Mark
Multinational firm Exxon Mobil has announced plans for major expansion of its natural gas and oil production, to take place over the next two years. The company intends to launch 16 new
Partnership announced between BRC and Fuchs Lubricants
11/03/2015 by Richard
The major oil manufacturer Fuchs Lubricants has announced that it will be entering into a new commercial arrangement alongside the British Retail Consortium (BRC). This organisation has become known for working with companies that create