Ten new start-ups join TotalEnergies accelerator
26/09/2023 by OilStoreAdministrator
France-based TotalEnergies has announced the selection of a further ten start-ups to join its TotalEnergies On programme, which seeks to help innovative businesses to develop in the renewable energy and electricity sectors.
Oil prices head for $100 per barrel
25/09/2023 by Richard
Oil prices hit a 10-month high, with the possibility of being on track to exceed $100 per barrel for Brent Crude.
TotalEnergies mobilises support for Libyan people
24/09/2023 by Mark
Energy major TotalEnergies has suggested it has used its resources to provide relief aid to the people of Libya, following the
First batch of BP scholarship students start at Redcar and Cleveland
22/09/2023 by Mark
Redcar and Cleveland College has welcomed the first wave of students to the programme it has developed together with UK-based energy firm BP.
BP launches consultation on H2Teesside
21/09/2023 by Katie
Energy and lubricant company BP has announced that it has begun a six-week consultation with the local community for
EIA predicts rising oil prices in fourth quarter
21/09/2023 by OilStoreAdministrator
The US Energy Information Administration (EIA) has stated in the September Short-Term Energy Outlook (STEO) that it expects the price of Brent crude oil to average $93 a barrel within the remaining quarter of the…
BP chair announces Looney replacement could be external
20/09/2023 by Richard
Helge Lund, the chairman of UK-based oil major BP, has said that for the first time in decades, an external candidate could replace former CEO Bernard Looney.
Shell and BP awarded carbon storage licences
19/09/2023 by Mark
UK-based oil majors BP and Shell are among 14 companies to have been awarded licences in the first-ever licensing round for carbon storage in the UK.
TotalEnergies calls for green hydrogen tenders
18/09/2023 by greg
France-based TotalEnergies has stepped up its decarbonisation efforts by calling on tenders to supply some 500,000 tonnes of green hydrogen a year for use in its two biofuel and six oil refineries in Europe.
Chevron to buy majority stake in hydrogen production and storage plant
18/09/2023 by OilStoreAdministrator
US-based oil major Chevron has announced that it is becoming the majority owner of a large facility for producing and storing hydrogen.
US shale seeks efficiency through deeper wells
15/09/2023 by Richard
Shale operators in the US have shrugged off earlier downbeat projections to produce more oil and gas despite the rig count declining.
Shell Starship gets natural gas engine
15/09/2023 by Mark
After having made two successful coast-to-coast journeys in the US and pushed the boundaries of fuel efficiency with a diesel engine, Shell’s Class 8 tractor-trailer is getting a