Proton launches new automotive oils
25/10/2021 by Katie
Malaysian automotive company Proton has launched a new range of oils formulated specially for its vehicles, and it has branded it as
UK offshore wind hub opened by TotalEnergies
24/10/2021 by OilStoreAdministrator
TotalEnergies’ CEO Patrick Pouyanné has officially opened the company’s new UK Offshore Wind Hub as part of the company’s
Rolls-Royce joins Shell in calling for swifter SAF adoption
22/10/2021 by Richard
Warren East, the CEO of Rolls-Royce, has called for the adoption of sustainable aviation fuel (SAF) to go beyond the current
Simply Blue and Total look to US wind market
20/10/2021 by Mark
France-based energy major TotalEnergies, the new name for Total, has teamed up with the Simply Blue Group to establish a joint venture for floating offshore wind projects in the United States. While the UK has…
ExxonMobil to build industrial-scale advanced recycling plant
18/10/2021 by greg
Following trials of its proprietary technology for taking plastic waste and processing it into raw materials for use in toys, food packaging and even furniture, ExxonMobil has announced it will build its first large-scale facility…
Northern Lights orders two CO2 carriers
18/10/2021 by OilStoreAdministrator
Northern Lights, a carbon capture and storage (CCS) project based in Norway, has ordered two carbon dioxide (CO2) carriers from Dalian Shipbuilding Industry Co. of China. The project is a
How can you reduce the cost of lubrication?
17/10/2021 by OilStoreAdministrator
Stocking up on a healthy supply of lubricant is not the biggest outlay in a typical budget for maintenance.
TotalEnergies adopts tech to lessen methane emissions
16/10/2021 by Richard
Energy firm TotalEnergies has announced it will deploy a revolutionary new technology to reduce emissions of methane at its Barnet gas field
Saudi Aramco poised to become world’s most valuable company
14/10/2021 by OilStoreAdministrator
The predominantly state-owned oil giant Saudi Aramco may soon overtake Apple as the world’s biggest company by market capitalisation. According to Bloomberg, Apple’s market cap of US$2.3 trillion is being closely followed by Aramco, at
EIA predicts growing energy demand
13/10/2021 by Mark
According to the US Energy Information Administration’s (EIA) International Energy Outlook for this year, the global demand for energy is expected to rise through the first half of this century to fuel economic growth and…
Major shale player says oil prices in OPEC’s hands
12/10/2021 by Mark
Pioneer Natural Resources, one of the biggest US shale operators, has said that the US shale patch will not have a big say in which direction oil prices go, with it being mostly determined by…
OPEC+ decides against accelerating output rises
11/10/2021 by Katie
At their latest meeting, the members of the OPEC+ group of countries have decided to stick with their existing plan to gradually increase oil production by 400,000 barrels per day