Ιστολόγιο category - Oil Industry

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Shell shareholders back move to UK

16/12/2021 by Richard

The plans of Anglo-Dutch energy major Shell to move its tax residency to the UK have moved a step closer to realisation after shareholders
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ExxonMobil to become carbon neutral in Permian Basin

13/12/2021 by greg

US-based oil major ExxonMobil has announced plans to make the greenhouse gas emissions of its operations in the US Permian Basin
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BP supports including WTI in Brent benchmark

12/12/2021 by Mark

The Dated Brent benchmark, which is the basis of futures contracts for Brent Crude, may have the US WTI Midland grade added to it, with Reuters reporting having seen a document showing
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OPEC+ agrees to pump more oil

10/12/2021 by Richard

At its December meeting, the OPEC+ group – which includes OPEC and some partnering non-member, oil-producing countries, most notably Russia – has agreed to proceed with its planned 400,000 barrels per day (bpd) increase in…
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US to release oil reserves despite falling prices

06/12/2021 by Katie

The United States (US) look set to push ahead with its plan to release 50 million barrels of its strategic crude oil reserves, despite oil prices having already fallen due to concerns about the new…
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BP announces second hydrogen plant in Teesside

04/12/2021 by OilStoreAdministrator

Oil, gas and energy major BP has announced plans for a second plant for hydrogen
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TotalEnergies cycling team raises cash for hospice charity

02/12/2021 by Richard

A team of cyclists from TotalEnergies Marketing UK has took on a 160-mile “Tour de Pennines” challenge to raise funds for
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Shell’s Σιγκαπούρη facility to get pyrolysis oil upgrader

29/11/2021 by greg

The Σιγκαπούρη facility of Shell is to receive investment for a new upgrader for pyrolysis oil, with this planned to be Shell’s first in
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OPEC may adjust production in response to reserve releases

28/11/2021 by Richard

Bloomberg reports that at its next meeting, OPEC and its allies may choose to hold back in unwinding its longstanding production quotas to compensate for coordinated releases
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Shell to move headquarters to the UK

26/11/2021 by OilStoreAdministrator

Royal Dutch Shell has announced plans to streamline its business structure by moving its headquarters to
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UEA asks for calm over production increases

24/11/2021 by Richard

Speaking in Abu Dhabi at the Adipec energy forum, Suhail al-Mazrouei, the energy minister for the Ηνωμένα Αραβικά Εμιράτα, called for calm, despite calls for the OPEC+ group to increase oil production in order reduce
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TotalEnergies launches afforestation project

12/11/2021 by Richard

Energy major TotalEnergies has launched its Batéké Carbon Sink project in the Republic of Congo as the country
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