Shell’s exploration boss set to step down
27/01/2017 by Mark
Ceri Powell, who is head of exploration at Royal Dutch Shell – the oil giant that manufactures the likes of Mobil Gargoyle Arctic 300, Shell Omala S2 G 320, and Shell Gadus S2 V100 3…
World’s biggest oil company may join London stock market
24/01/2017 by OilStoreAdministrator
Saudi Arabia Aramco has revealed that it is organizing the largest-ever stock market listing, which could see the State-owned Saudi Arabian company valued at around £1.9 trillion. The announcement was made at the World Economic…
ExxonMobil finds oil offshore of Guyana
21/01/2017 by Richard
ExxonMobil, the global oil company responsible for the manufacture of Mobilux EP 2 and Mobil Gargoyle Arctic 300, recently announced that its Payara- well off the shore of Guyana has yielded positive results.
Oil companies ready to increase investment
18/01/2017 by Mark
Oil and gas giants are prepared to increase spending once more following a promising partial recovery in crude oil prices.
ExxonMobil plans major plant close to Corpus Christi
15/01/2017 by OilStoreAdministrator
Oil giant ExxonMobil, which produces a range of high-quality oil-based products including Mobiltemp SHC 100 and Mobilgear 600 XP 68, has
McCluskey urges governments to protect oil industry
12/01/2017 by Richard
Unite General Secretary Len McCluskey has called on both Edinburgh and London’s governments to take more action to safeguard the
Oil companies look to wind power
09/01/2017 by Mark
The Netherlands has ambitions to build one of the biggest offshore wind projects in the world, and is being aided in this
BP boss predicts bright future for North Sea oil
06/01/2017 by Richard
The boss of oil giant BP, Bob Dudley, has said that ‘the worst is over’ for the oil industry offshore, and has stated his belief that the
Year ends with big gains for oil
03/01/2017 by OilStoreAdministrator
Oil prices on Friday, December 30, which was the last day of trading in 2016, achieved their largest annual gain in seven years, despite ending at a lower number than the previous day. The impressive…
Shell’s new Chief Financial Officer has been revealed
30/12/2016 by Richard
Royal Dutch Shell, which makes leading Shell Tellus S2 M 46 and Shell Gadus S2 V100 3, has named Jessica Uhl as its next Chief Financial Officer. Uhl will take over the job from Simon…
Abu Dhabi now significant investor in BP oil field deal
27/12/2016 by Richard
The government of Abu Dhabi has become a considerable investor in BP in an agreement that gives the oil giant, which
Goldman Sachs believe oil price will near $60 in 2017
24/12/2016 by Richard
American investment bank Goldman Sachs has said that the price of oil per barrel will get near $60 early next year. In the second reappraisal of