TotalEnergies announces progress on Suriname Block 58 project
12/06/2024 by OilStoreAdministrator
France-based TotalEnergies has made significant progress towards a final investment decision (FID) on Block 58 in Suriname, according to the company’s senior vice president for exploration and production in the Americas.
Analyst says shale mergers will stabilise oil prices
11/06/2024 by Richard
The wave of mergers and acquisitions (M&As) in the US shale industry will help oil prices to stabilise according to Jason Gabelman, an analyst at TD Cowen.
Oil prices slip following OPEC+ decision
10/06/2024 by Mark
At its latest meeting, the OPEC+ group has agreed to extend its current production cuts, but oil prices slipped slightly following the news.
TotalEnergies venture to study Tunisian hydrogen project
07/06/2024 by OilStoreAdministrator
TE H2 and Austrian electricity firm VERBUND have recently signed a memorandum of understanding (MoU) with the Tunisian Government.
Hess shareholders to approve Chevron acquisition
06/06/2024 by Richard
The shareholders of oil company Hess Corporation have given their approval to the all-stock acquisition by Chevron, which is said to be worth $53 billion.
A guide to wire rope lubricants
05/06/2024 by OilStoreAdministrator
Cable or wire rope is an integral part of many machines and structures, including cranes, lifts, shovels, drilling rigs, and suspension bridges. These are used in industries such as
Paratherm EC System Cleaner
05/06/2024 by Mark
Large systems that are in continuous operation often rely on heat transfer fluids (HTFs) for processes like
Saudi Aramco aims to reach net-zero
05/06/2024 by Richard
Saudi Armaco, the mostly state-owned oil company of Saudi Arabia, has said that it intends to reach net-zero by 2050 without sacrificing its production of crude oil and natural gas.
OPEC still optimistic about oil demand growth
04/06/2024 by OilStoreAdministrator
Addressing the Economic Commission Board of OPEC at its 141st meeting, OPEC boss Haitham Al Ghais said that he expected robust growth in the demand for crude oil.
Factors to consider when selecting a refrigeration compressor oil
04/06/2024 by Mark
This guide offers information about refrigeration compressors and the oil required to provide effective lubrication. When selecting the appropriate refrigeration compressor oil, it is essential to
Paratherm NF HTF
04/06/2024 by OilStoreAdministrator
The Paratherm NF heat-transfer fluid (HTF) is premium food-grade fluid that is suitable for a range of
TotalEnergies makes FID on Brazilian projects
03/06/2024 by Mark
Together with partners, TotalEnergies has committed to a final investment decision (FID) for the second phases of development for the Sépia and Atapu fields.