ExxonMobil, the US oil giant behind slideway oils like Mobil Vactra 4, has announced it plans to spend $650m (about £500m) on upgrading its Fawley refinery on the southern English coast.
ExxonMobil’s Fawley refinery Continue reading ExxonMobil to spend £500m on UK refinery
Two MSc students attending Lancaster University, Nicolas Orellana (36) and Yaseen Noorani (24), have won a James Dyson award for a new wind turbine design that Continue reading New wind turbine design wins prestigious UK Dyson award
ExxonMobil, America’s largest oil company and the maker of lubricants for Mobil UK distributors, has announced its ninth discovery Continue reading ExxonMobil makes another discovery in Guyana
Bloomberg reports that ExxonMobil is seeking to buy renewable energy for delivery in Texas.
According to a Continue reading ExxonMobil looks to buy renewable energy
While an oil field never goes entirely dry, it eventually becomes unproductive because the cost of extracting the remaining oil exceeds its market value. While operators have been, and continue to be, remarkably adept at Continue reading Five of last year’s biggest oil and gas discoveries
The US Department of Energy is offering 11 million barrels of crude oil for sale from its strategic oil reserves, with delivery taking place in October and November. Continue reading US releases 11 million barrels from oil reserves
According to comments from Abdullah Hussain Haroon, Pakistan’s Minister for Maritime Affairs and Foreign Affairs, ExxonMobil is on the verge of discovering huge new oil reserves Continue reading ExxonMobil set for major oil discovery in Pakistan
Oil is often described as black gold, an essential commodity that drives economic growth. It’s therefore no surprise that many shrewd operators have amassed vast Continue reading Seven billionaires who made their fortune from oil
In what has been predicted to be a record-breaking year for US oil production, there is an indication that the recent boom may be faltering.
Drillers in Continue reading US oil production falls short of forecast
The US state of Texas looks likely to shatter its all-time annual oil production record of 1.263 billion barrels from 1972. What’s more, this will be achieved with fewer rigs and workers than a few years ago.
Texas oil economist Continue reading Texas set to break annual oil production record