The Chief Executive Officer (CEO) for France’s TotalEnergies has commented that the company anticipates oil demand increasing. Continue reading TotalEnergies forecasts rising oil demand
TotalEnergies forecasts rising oil demand
Author: Lisa
Shell shows highest marketing earnings in over a decade
UK oil and gas titan Shell recently lengthened its quarterly share buyback of $3.5 billion (bn). Continue reading Shell shows highest marketing earnings in over a decade
Chevron reveals change in leadership
US oil corporation Chevron has announced the upcoming appointment of Amit R. Ghai as its new Controller. Continue reading Chevron reveals change in leadership
TotalEnergies to develop Saudi solar project
A tender process has led to a consortium of a Saudi developer and France-based TotalEnergies being awarded a license for a new solar power plant. Continue reading TotalEnergies to develop Saudi solar project
IEA warns oil market at tipping point
The International Energy Agency (IEA) has warned of a potential tipping point in the global oil market, following signs that a glut in supply is becoming increasingly evident. Continue reading IEA warns oil market at tipping point
ExxonMobil brings Brazil project online
Oil major ExxonMobil has announced the start of production at its first upstream project in Brazil in over a century. Continue reading ExxonMobil brings Brazil project online
Researchers develop new solid lubricant for seed dispersal
Engineers at the North Carolina State University (NCSU) have developed a pioneering solid lubricant for aiding agricultural seed dispersal that is biodegradable and non-toxic. Continue reading Researchers develop new solid lubricant for seed dispersal
Shell to develop offshore Venezuela gas field
The US government has now granted energy giant Shell’s Trinidad and Tobago arm authorisation to develop a gas field based offshore in Venezuela. Continue reading Shell to develop offshore Venezuela gas field
Fuchs acquires long standing distribution partner
The world’s largest independent lubricant maker, Fuchs SE, has confirmed it will take over Aseol Suisse AG, its longstanding distribution partner in Switzerland. The acquisition is expected to further expand the presence of Fuchs in the lubricant market. Continue reading Fuchs acquires long standing distribution partner
OPEC+ agrees further output hike
Eight of the OPEC+ countries participating in the current tier of voluntary production cuts have announced a further 137,000 barrels per day (bpd) in crude oil production. Continue reading OPEC+ agrees further output hike
