TotalEnergies swaps stakes for Namibian offshore oil fields
30/12/2025 by Thomas Clark
French energy giant TotalEnergies has secured a 40 per cent stake in the Galp Energy Corporation’s operations based in the Mopane oil fields sited off Namibia’s coast.
Turbine oil market demonstrates steady growth for 2034
26/12/2025 by Daniel Tait
A recent analysis of the international turbine oil market indicates the sector is on a path for stable growth.
Analysts forecast strong growth for refrigeration oil sector
16/12/2025 by Cameron Clarke
A recent study released by DataM Intelligence projects robust future growth for the refrigeration oil market.
Saudi Arabian oil major experiences profit surge
17/11/2025 by Daniel Tait
Middle Eastern oil giant and owner of the Valvoline lubricant brand, Saudi Aramco, has reported an income of $28 billion for the third quarter (Q3) of 2025.
TotalEnergies forecasts rising oil demand
13/11/2025 by Joel Thompson
The Chief Executive Officer (CEO) for France’s TotalEnergies has commented that the company anticipates oil demand increasing.
Shell shows highest marketing earnings in over a decade
10/11/2025 by Daniel Tait
UK oil and gas titan Shell recently lengthened its quarterly share buyback of $3.5 billion (bn).
BP agrees to divest US shale asset stakes
07/11/2025 by Thomas Clark
UK oil major BP has consented to sell its stakes in US-based shale assets to fund the company Sixth Street.
Chevron reveals change in leadership
05/11/2025 by Jay Hatton
US oil corporation Chevron has announced the upcoming appointment of Amit R. Ghai as its new Controller.
British oil major expands operations in Angola
04/11/2025 by Joel Thompson
Oil and gas multinational Shell recently reported it will invest approximately $1 billion to fund new oil blocks based in Angola.
IEA warns oil market at tipping point
28/10/2025 by Joel Thompson
The International Energy Agency (IEA) has warned of a potential tipping point in the global oil market, following signs that a glut in supply is becoming increasingly evident.
Aramco warns of possible supply crunch
27/10/2025 by Thomas Clark
Saudi Arabia’s state-owned oil company, Saudi Aramco, has warned that the world could run short of crude oil if the industry doesn’t ramp up exploration and investment to develop a new supply.
ExxonMobil brings Brazil project online
23/10/2025 by Daniel Tait
Oil major ExxonMobil has announced the start of production at its first upstream project in Brazil in over a century.