Prominent oil company Royal Dutch Shell has made a deal to Continue reading Shell to sell Tongyi stake
The £47bn strategy Shell has embarked on with the aim of becoming the biggest oil manufacturer in the world has taken a step nearer to fruition, as its plans to purchase BG Group are submitted to competition regulators in Brazil.
This would represent the second largest such deal ever within Continue reading Shell purchase of BG Group moves step closer
ExxonMobil recently confirmed that it has agreed to a five-year partnership with Princeton University, which will see the oil giant donate millions to the US institution over that period.
The team-up was first announced by Princeton through a statement, which Continue reading Princeton announces ExxonMobil support
A top executive at BHP Billiton has warned that oil prices might go up because the industry has not yet invested enough in new sources of supply.
Tim Cutt has argued that as the American shale boom will reach a peak in Continue reading Oil prices may spike due to lack of discoveries
Irish firm DCC Energy has made an offer of €464m (£332.3m) to buy Butagaz, the French Liquefied Petroleum Gas (LPG) company owned by Royal Dutch Shell.
Shell announced the offer in a press release, adding that it would now consult with Continue reading DCC Energy makes major bid to acquire Shell business
Oil industry giant Royal Dutch Shell confirmed recently that it had agreed terms to sell 185 of its petrol stations across Britain, enabling independent forecourt operators to further expand their portfolios.
The UK’s largest oil firm stated that contracts had been exchanged with Continue reading Shell agrees sale of nearly 200 UK petrol stations
Shell Upstream International Europe has announced that it has awarded contract extensions worth approximately $240m to Aberdeen-based engineering firm Subsea 7.
The twin contract extensions, which are on a life of field basis, cover the company’s Continue reading Shell awards contract extensions to Subsea 7
Multinational firm Exxon Mobil has announced plans for major expansion of its natural gas and oil production, to take place over the next two years.
The company intends to launch 16 new Continue reading Exxon Mobil puts large-scale growth in motion
The major oil manufacturer Fuchs Lubricants has announced that it will be entering into a new commercial arrangement alongside the British Retail Consortium (BRC).
This organisation has become known for working with companies that create Continue reading Partnership announced between BRC and Fuchs Lubricants
One of the world’s major oil manufacturers has announced the launch of a new facility dedicated to base oil gas-to-liquid (GTL) storage in the UAE, marking the fourth such site the company has opened.
This latest Shell storage hub for GTL base oil joins the Continue reading New Shell hub for GTL base oil opened near Dubai