Shell to buy Egyptian offshore concession
25/05/2022 by OilStoreAdministrator
BG International, a subsidiary of energy major Shell, has agreed to obtain ExxonMobil’s 100% stake in Egypt’s block three in the
Shell showcases fluid and digital solutions at EXCON 2022
24/05/2022 by Richard
Leading lubricant producer Shell has taken advantage of EXCON 2022, an international trade fair for construction equipment and technology, to highlight its various fluid and
Permian to set new production record
24/05/2022 by Katie
The United States’ prolific Permian Delaware Basin looks set to produce a record amount of hydrocarbons this year, with it predicted to average 5.7 million barrels of oil
TotalEnergies launches methane-reducing drone project
23/05/2022 by Mark
The France-based oil major TotalEnergies, the same company that makes the Total lubricant range, has announced the start of new drone operations to detect and quantify methane emissions from its upstream oil and gas, so…
Quaker Houghton attends AISTECH to showcase solutions
21/05/2022 by Mark
One of the steel industry’s long-term partners, Quaker Houghton, has taken advantage of the 2022 AISTech Conference and Exposition to highlight its extensive range of products and services, and its innovative approach to
Brazil asked to raise oil production
20/05/2022 by OilStoreAdministrator
Reuters reports three people familiar with the matter as saying that US government officials approached Petrobras, the state-owned oil company of Brazil, about raising production to mitigate the effect that Russia’s invasion of Ukraine
EIA expects US oil production to increase
19/05/2022 by Richard
In its latest forecast, the US Energy Information Administration (EIA) has predicted that US production of crude oil will rise to a
Guyana set to become top-20 oil-producing country
18/05/2022 by Mark
Following a string of oil discoveries offshore of Guyana, including five so far this year, Guyana is set to become what would likely be the 17th-largest oil producer in the world, based just on projects…
Castrol appoints LMCA for global licensing programme
13/05/2022 by Mark
Leading lubricant maker Castrol has recruited LMCA – which, according to its website, seeks to use licensing to build long-term relevance for
BP signs 10-year contract for recycled feedstock
12/05/2022 by OilStoreAdministrator
The UK-based Clean Planet Energy and energy company BP have come to an agreement to supply and purchase feedstock and ultra-low sulphur diesel (ULSD) derived from
US to buy crude to encourage greater production
11/05/2022 by Richard
The US Department of Energy (DoE) has unveiled a new plan to encourage greater domestic US oil production by signalling to operators that it will purchase crude oil in
BP and EnBW choose Ventus for offshore wind projects
10/05/2022 by Mark
Energy giant BP and EnBW have chosen Ventus International as the contract resource provider for their UK offshore wind projects, which together will