Shell agrees sale of nearly 200 UK petrol stations
13/05/2015 by Mark
Oil industry giant Royal Dutch Shell confirmed recently that it had agreed terms to sell 185 of its petrol stations across Britain, enabling independent forecourt operators to further expand their portfolios. The UK’s largest oil…
Shell awards contract extensions to Subsea 7
22/04/2015 by Mark
Shell Upstream International Europe has announced that it has awarded contract extensions worth approximately $240m to Aberdeen-based engineering firm Subsea 7. The twin contract extensions, which are on a life of field basis, cover the…
Exxon Mobil puts large-scale growth in motion
20/03/2015 by Mark
Multinational firm Exxon Mobil has announced plans for major expansion of its natural gas and oil production, to take place over the next two years. The company intends to launch 16 new
Partnership announced between BRC and Fuchs Lubricants
11/03/2015 by Richard
The major oil manufacturer Fuchs Lubricants has announced that it will be entering into a new commercial arrangement alongside the British Retail Consortium (BRC). This organisation has become known for working with companies that create
New Shell hub for GTL base oil opened near Dubai
03/02/2015 by Richard
One of the world’s major oil manufacturers has announced the launch of a new facility dedicated to base oil gas-to-liquid (GTL) storage in the UAE, marking the fourth such site the company has opened. This…
Environmental application for Exxon Mobil project submitted
20/01/2015 by OilStoreAdministrator
One of the world’s top oil manufacturers, Exxon Mobil, has responded to the commodity price decline by submitting for environmental clearance prior to embarking on a new Ca$25bn (£13.8bn) project. Together with Imperial Oil Ltd,…
BP begins North Sea Kinnoull field production
07/01/2015 by Mark
Oil giant BP has confirmed that it has begun production at a new site in the North Sea, marking the seventh new upstream project launched by the company during the past year. The reservoir at…
Shell set to team up with ST1
24/12/2014 by OilStoreAdministrator
Major oil manufacturer Shell has announced that it has agreed to sell sections of its downstream operations in Norway to Finnish company ST1, while also confirming a team-up with the energy business. ST1 is set…
Shell announces new educational scheme
26/11/2014 by Mark
The giant energy firm Shell has announced the launch of a new £1m programme of investment, designed to tackle the shortfall in engineering, technology, maths and science skills among Scottish schoolchildren. The programme is called
Production improvements see profits rise for Shell
11/11/2014 by OilStoreAdministrator
Despite the recent overall drop in oil prices, Shell enjoyed a significant increase in profits during the third quarter. A combination of reduced exploration
Participants set heavy driving test at Shell Rimula challenge
28/10/2014 by Mark
Those interested in testing their skills behind the wheels of heavy-duty vehicles were given the chance to do so recently at an event organised by the Shell oil company. The Shell Rimula Heavyweight Driving Challenge…
Mexico opens oil fields to private firms in bid to boost production
04/09/2014 by OilStoreAdministrator
Mexico’s government is to end the monopoly of its national oil firm Petróleos Mexicanos, or Pemex, allowing private companies access to the lion’s share of its prospective oil resources. The Government hopes that