Ιστολόγιο category - Oil Industry

Before the COVID-19 pandemic struck in 2020, the world-leading lubrication manufacturer Morris Lubricants held numerous training events live at its headquarters in Shrewsbury. The company’s aim was to help inform and educate its customers, to…

At its latest ministerial meeting, the OPEC+ group of oil producers have agreed to proceed with the next step in easing production quotas by 400,000

High-quality oils are the base for the most common form of lubrication used today. While traditionally, all-natural mineral oils were used as lubricants for a wide range of machinery, over

IHS Markit’s vice chairman, Daniel Yergin, has predicted that US oil production could rise by as much as 900,000 barrels per

In a first for the UK, Oceaneering International, a subsea technology and engineering company, has successfully piloted a remotely operated vehicle (ROV) for BP from its

The CEO of Gazprom Neft, Russia’s third-largest oil producer, has indicated that there is still a risk that the oil markets may overheat in 2022, although he said his company was working on increasing its…

A new biofuel for the shipping sector has been successfully trialled by BP, using two vessels chartered

Shell has announced its intention to begin making a low-carbon fuel based partly on cow manure.

According to a survey by Bloomberg Intelligence, investors now see the demand for oil peaking some years later than they

Reuters reports sources familiar with thinking in the White House as saying that the administration is not considering banning the export of crude oil in order to bring down

Despite recent falls in the price of oil due to concerns over the new Omicron variant, US oil producers continued to add more rigs for the

On the fifth anniversary of the OPEC+ agreement of December 2016, Alexander Novak, Russia’s Deputy Prime Minister, said that the deal had helped increase the confidence to invest