With the Australian Supercars season set to launch in Sydney in early February, preparations are well underway. This year, BP Continue reading BP to replace Shell as Supercars fuel provider
Category: Oil Industry
Silverstream wins deal to convert Shell LNG carriers
Silverstream Technologies, which is based in the UK, has entered into an agreement with Shell to convert a number of its LNG carriers to use Silverstream’s revolutionary air lubrication system.
This form of lubrication is Continue reading Silverstream wins deal to convert Shell LNG carriers
India looks to double oil imports from the US
In order to reduce its reliance on crude oil produced in the Middle East, India is looking to source more oil from other regions, including a doubling of the crude oil it imports from the US.
After the United States and Continue reading India looks to double oil imports from the US
US oil production may be pivotal in 2020
Speaking on CNBC’s Squawk Box Europe, analysts have cited the degree of US oil production growth as potentially being a Continue reading US oil production may be pivotal in 2020
Trump claims US no longer needs Middle East oil
In comments made as tensions with Iran began to relax, US President Donald Trump has claimed that the country is no Continue reading Trump claims US no longer needs Middle East oil
Oil giants line up to enter Egypt
A number of oil majors are getting ready to explore the waters offshore of Egypt following a recent licensing round.
Russian oil production reaches record high
Despite its participation in the OPEC-led production cuts, Russia has achieved a new post-Soviet high for oil production.
Reuters is Continue reading Russian oil production reaches record high
Yet another record high for US oil production
According to recent data from the US Energy Information Administration (EIA), US oil production reached a new Continue reading Yet another record high for US oil production
Brazil’s oil production exceeds three million barrels per day
Crude oil production in Brazil went above their million barrels per day (bpd) in November last year for the first time, marking an Continue reading Brazil’s oil production exceeds three million barrels per day
When will fossil fuels run out?
The prospect of fossil fuel supplies running out is one that is often given media coverage, yet even scientists find to it hard to make an accurate prediction regarding when this might occur. Will it happen, and if so, when is Continue reading When will fossil fuels run out?
