Category: Oil Industry

Energy giant Shell has said it welcomes a ruling from the Dutch Court of Appeal overturning a previous ruling about the pace of its emissions reduction. Continue reading Shell welcomes appeal court ruling

The Oil & Gas Decarbonization Charter (OGDC) recently published its Baseline Report to serve as a basis for tracking emission reduction in the gas and oil industry. Continue reading OGDC publishes its Baseline Report

The OPEC+ group has delayed its planned relaxation of some production cuts as global supermajors report record production levels. Continue reading OPEC+ postpones production increases

Germany-based lubricant provider Fuchs SE has reported good financial results for the first three quarters of the year despite challenging market conditions. Continue reading Fuchs reports strong results for year so far

Oil major Chevron produced more oil than ever before in the last quarter, according to its third-quarter results. Continue reading Chevron announces record quarterly production

US-based oil major ExxonMobil has announced that its liquids production hit the highest level in 40 years. Continue reading ExxonMobil announces highest production for 40 years

A new natural gas pipeline has opened in the Permian Basin of West Texas and New Mexico, relieving some of the transport constraints. Continue reading New pipeline to boost Permian oil production

The executive director of the International Energy Agency (IEA), Fatih Birol, has warned that the world’s demand for crude oil looks set to remain relatively weak. Continue reading IEA boss points to weak global demand for oil