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Home / Oil Industry

Category: Oil Industry

Posted on 8th April 20216th April 2021 by Lisa — Leave a comment

UK agrees transition deal for oil and gas industry

The UK has become the first country to agree a deal with the oil and gas sector to support it as it transitions towards cleaner forms of energy, making it the first Group of Seven (G7) country to do so. Continue reading UK agrees transition deal for oil and gas industry

Category: Oil Industry
Posted on 4th April 202131st March 2021 by Mark — Leave a comment

Shell considers connecting executive pay with climate performance

The Anglo-Dutch oil major Royal Dutch Shell has suggested furthering its decarbonisation strategy by strengthening the link between climate objectives and Continue reading Shell considers connecting executive pay with climate performance

Category: Oil Industry
Posted on 3rd April 202129th March 2021 by Lisa — Leave a comment

UK approves new North Sea projects

The UK government recently gave the go ahead to drill more North Sea wells, which it says will safeguard the industry and the thousands of jobs related to it. Continue reading UK approves new North Sea projects

Category: Oil Industry
Posted on 28th March 202126th March 2021 by Richard — Leave a comment

EIA anticipates rising oil prices in April

The US Energy Information Administration (EIA) has forecasted in its March Short-Term Energy Outlook that crude oil prices will rise in April, due in part to Continue reading EIA anticipates rising oil prices in April

Category: Oil Industry
Posted on 26th March 202123rd March 2021 by Mark — Leave a comment

Aramco looks to China for blue hydrogen production

According to Amin Nasser, the CEO of Saudi Aramco, the world’s biggest oil company is looking to cooperate more with China in areas like the production of ammonia and hydrogen from natural gas, as well as Continue reading Aramco looks to China for blue hydrogen production

Category: Oil Industry
Posted on 20th March 202117th March 2021 by Mark — Leave a comment

North Sea carbon storage project gets government backing

The UK government has given its backing to the union of three projects concerning carbon capture, use and storage (CCUS) in the Humber and Teesside regions, which together represent Continue reading North Sea carbon storage project gets government backing

Category: Oil Industry
Posted on 18th March 202116th March 2021 by Richard — Leave a comment

Trading earnings doubled for Shell last year

According to a report from oil major and lubricant producer Royal Dutch Shell, the company’s trading division doubled its earnings to Continue reading Trading earnings doubled for Shell last year

Category: Oil Industry
Posted on 14th March 202111th March 2021 by Mark — Leave a comment

Libya aims to raise oil production this year

Speaking to Bloomberg Television in an interview, Mustafa Sanalla, the Chairman of Libya’s National Oil Corporation (NOC), said the country is aiming to increase its oil production to 1.45 million barrels per day Continue reading Libya aims to raise oil production this year

Category: Oil Industry
Posted on 13th March 20219th March 2021 by Richard — Leave a comment

Total’s CEO predicts oil prices

The Chief Executive Officer of Total, Patrick Pouyanne, said on the BFM Business radio station that he does not Continue reading Total’s CEO predicts oil prices

Category: Oil Industry
Posted on 12th March 20218th March 2021 by Lisa — Leave a comment

US oil production to stay below pre-pandemic levels

Vicki Hollub, the CEO of the international energy company Occidental, has said that she doesn’t expect US oil production to return to the same level it was Continue reading US oil production to stay below pre-pandemic levels

Category: Oil Industry

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