In its latest Short-Term Energy Outlook, the US Energy Information Administration (EIA) has raised its prediction for average oil prices for Continue reading EIA increases its oil price forecast
Exxon seeks arbitration over Guyana
US-based oil major ExxonMobil has filed for arbitration to settle the future of operations in the Stabroek block offshore of Guyana. Continue reading Exxon seeks arbitration over Guyana
EIA reports increased US oil production
The US Energy Information Administration (EIA) has published analysis revealing that record-high oil production in the United States is being driven by Continue reading EIA reports increased US oil production
OPEC+ to extend production cuts
Members of the OPEC+ group, which includes OPEC members and other oil-producing countries like Russia and Mexico, have extended their cuts to Continue reading OPEC+ to extend production cuts
Kluber to showcase food safe lubricant range
Speciality lubricant maker Kluber has announced that it will be at the Anuga FoodTec trade fair to showcase its new range of Kluberfood 4DC (4 direct contact) products to the food industry. Continue reading Kluber to showcase food safe lubricant range
TotalEnergies deploys generative AI for its workforce
France-based TotalEnergies has announced that it will empower its workers with generative AI (artificial intelligence) technology following Continue reading TotalEnergies deploys generative AI for its workforce
Chevron to start producing hydrogen at oilfield
Oil and gas has been produced at the Lost Hills field in the San Joaquin Valley of California for over a century. Now, in a first for Continue reading Chevron to start producing hydrogen at oilfield
Chevron and ExxonMobil in disagreement over Guyana stake
Chevron has indicated in a securities filing that its planned acquisition of Hess Corp for $53 billion could fall apart. Continue reading Chevron and ExxonMobil in disagreement over Guyana stake
Castrol launches new campaign to raise awareness of Magnatec for workshops
Leading lubricant brand Castrol has launched a new multi-channel campaign to increase awareness of the benefits of using its Magnatec range. Continue reading Castrol launches new campaign to raise awareness of Magnatec for workshops
US rig count rises by six
Data published by oil field services company Baker Hughes has revealed that the number of oil rigs operating in the US increased by six in February. Continue reading US rig count rises by six