BERICAP teams up with TotalEnergies for recycled lubricant enclosure
29/04/2024 by OilStoreAdministrator
TotalEnergies and BERICAP have collaborated to reduce the use of virgin plastics.
New report reveals manufacturing’s contribution to UK economy
26/04/2024 by Mark
A new report conducted by the Manufacturing Technologies Association (MTA) and Oxford Economics has revealed that the
BP changes executive team and streamlines structure
25/04/2024 by Richard
UK-based oil major BP has announced a simplified organisational structure and some changes to its top-level management team.
EnQuest to develop two new North Sea oil fields
24/04/2024 by OilStoreAdministrator
UK-based oil exploration and production company EnQuest is reportedly planning to develop a further two fields close to the Kraken field.
BP begins production at major offshore Azerbaijan platform
23/04/2024 by Mark
UK-based energy company BP has announced that it has started crude oil production at its new Azeri Central East (ACE) platform.
ExxonMobil approves sixth Guyana oil project
22/04/2024 by Richard
US-based oil major ExxonMobil has revealed that it has made its final investment decision for the Whiptail project, which will be its sixth offshore of Guyana.
Chevron pledges $3 million for flood relief in Kazakhstan
19/04/2024 by OilStoreAdministrator
US-based oil major Chevron has announced $3 million in funding for relief efforts in Kazakhstan, where communities have been affected by widespread flooding.
Hedge fund giant predicts tight oil market this year
18/04/2024 by Mark
According to hedge fund Citadel’s head of commodities, the market for crude oil will become “extremely tight” later this year.
OPEC+ to keep oil production steady
17/04/2024 by Richard
At its latest meeting of the Joint Ministerial Monitoring Committee (JMMC), a panel of ministers from oil-producing countries participating in the OPEC+ deal decided to
Strategic business partnership announced between two industry giants
16/04/2024 by OilStoreAdministrator
Automotive maker Mercedes-Benz AG and independent lubricant supplier Fuchs SE have agreed a collaboration contract.
Shell and Ducati to extend partnership
15/04/2024 by Mark
Shell Lubricants and Ducati have announced that their global partnership is to be extended by a further three years.
Chevron to invest in carbon capture technology
12/04/2024 by Richard
The alternative energy division of Chevron, Chevron New Energies (CNE), has announced that it will become a lead investor in