Major oil manufacturer Shell has announced that it has agreed to sell sections of its downstream operations in Norway to Finnish company ST1, while also confirming a team-up with the energy business.
ST1 is set to assume control of Continue reading Shell set to team up with ST1
The giant energy firm Shell has announced the launch of a new £1m programme of investment, designed to tackle the shortfall in engineering, technology, maths and science skills among Scottish schoolchildren.
The programme is called Continue reading Shell announces new educational scheme
Despite the recent overall drop in oil prices, Shell enjoyed a significant increase in profits during the third quarter.
A combination of reduced exploration Continue reading Production improvements see profits rise for Shell
Mexico’s government is to end the monopoly of its national oil firm Petróleos Mexicanos, or Pemex, allowing private companies access to the lion’s share of its prospective oil resources.
The Government hopes that Continue reading Mexico opens oil fields to private firms in bid to boost production
The international oil company Royal Dutch Shell recently disclosed that it plans to restructure its business in North America in order to reduce costs.
Shell will sell two of its Continue reading Shell’s US restructuring aims to provide stable future
The biggest gas and oil company in the US, Exxon Mobil, has experienced a large increase in its profits after recently cutting its spending on exploration and capital.
The company has stated that Continue reading Exxon Mobil profits soar although production falls
The global fuel giant Royal Dutch Shell recently announced that it had found large amounts of oil equivalent in the Gulf of Mexico.
The company’s Rydberg exploration well is Continue reading Shell makes third large oil discovery in Gulf of Mexico
The lubricants arm of the Batoyle Freedom Group of Huddersfield has recently been acquired by the German company Fuchs Petrolub SE, recognised as one of the world’s biggest lubricant producers.
The business will be integrated into Continue reading Leading lubricant manufacturer Fuchs purchases UK business
The Equipment Builder Group, set up by ExxonMobil with the aim of improving the performance of machinery used in the food and drink industry, is celebrating a total of 100 years of innovation.
The Group works with Continue reading ExxonMobil lubricant R&D group marks centenary
The research firm IBISWorld recently updated its report on the lubricant industry, forecasting that the sector’s revenue should increase strongly as economic growth takes hold over the next few years.
This is expected to happen in spite of Continue reading Upturn in fortunes expected for lubricant manufacturing industry