Iran nuclear talks end with final text
15/08/2022 by OilStoreAdministrator
Talks in Vienna with Iran to reinstate a nuclear deal have ended with European officials submitting a final draft agreement for consideration by
Conference programme released for Lubricant Expo
11/08/2022 by Richard
The organisers of one of Europe’s leading lubricant events, Lubricant Expo, have published the conference programme for this year’s event, which will take place in Essen, Germany on
OPEC+ agrees small production increase
10/08/2022 by OilStoreAdministrator
In a closed-door video meeting, representatives from the OPEC+ group of oil-producing countries agreed to increase their total production of crude oil by 100,000
Aurora Hydrogen gets backing from Chevron and Shell
09/08/2022 by Mark
The venture capital divisions of energy majors Chevron and Shell have invested in Aurora Hydrogen as part of a
Valvoline announces sale of lubricant business
09/08/2022 by greg
US-based Valvoline has agreed to sell its global lubricant business to Saudi Aramco in a
Guyana looks to attract new oil explorers
05/08/2022 by Richard
According to Guyana’s president, Irfaan Ali, the country’s government is looking to diversify the range of oil companies operating in
Libyan oil production reaches 1.1 million bpd
04/08/2022 by Mark
After having its oil facilities affected by protests and blockades in recent months, oil production in Libya is now getting back on track with it
ExxonMobil uncovers two new discoveries in Guyana
03/08/2022 by Richard
US-based oil major ExxonMobil added further to its string of oil discoveries offshore of
Shell gives go ahead for Jackdaw field
01/08/2022 by OilStoreAdministrator
Development of the Jackdaw gas field in the North Sea has been given another green light to proceed now that Shell had made a final investment decision to support the project, which will likely involve…
Iraq reveals 200,000 bpd spare capacity
29/07/2022 by Richard
With many Western countries looking for alternatives to Russian oil, it seems that Iraq can boost production by 200,000 barrels per day
Shell gives go-ahead for Dutch hydrogen facility
28/07/2022 by Mark
UK-based energy major Shell has made a final investment decision for a green hydrogen production facility in
Oil prices decline as demand stalls
27/07/2022 by Katie
Towards the end of July, oil prices fell slightly as signs indicated that the recent tightness in the markets may be loosening, giving some