Petronas releases film for Chinese New Year
29/01/2025 by Richard
The Malaysia-based energy company Petronas has released a new film called “Stay” from Caleb Huang to celebrate the Chinese New Year.
African and European countries to back green hydrogen pipeline
28/01/2025 by Mark
The Italian energy ministry has announced Tunisia, Algeria, Italy, Germany and Austria have confirmed their support for a pipeline to transport green hydrogen to Europe from North Africa.
Aramco predicts demand growth of 1.3 million bpd
27/01/2025 by OilStoreAdministrator
The largest exporter of oil in the world, Saudi Aramco, has predicted that the world’s demand for crude oil will increase by 1.3 million barrels per day (bpd) this year.
Shell decides to expand China petrochemical complex
24/01/2025 by Richard
A venture between CNOOC Petrochemicals Investment Ltd and Shell Nanhai B.V., CNOOC and Shell Petrochemicals Company Limited (CSPC) has made a final investment decision to increase its petrochemical complex.
Chevron announces donation towards wildfire relief
23/01/2025 by Mark
With the wildfires having devastated large parts of the Los Angeles area, oil major Chevron has pledged to donate $1 million towards relief efforts.
Fuchs acquires Boss Lubricants
22/01/2025 by OilStoreAdministrator
Global lubricant operator Fuchs has announced that it has purchased Boss Lubricants GmbH & Co. KG of Albstadt, Baden-Württemberg.
ExxonMobil claims 2024 was strong year for carbon capture
21/01/2025 by Richard
US-based oil major ExxonMobil has hailed 2024 as a “breakout” year for its carbon capture and storage (CCS) business.
TotalEnergies begins construction of Iraq gas processing plant
20/01/2025 by Mark
Integrated energy company TotalEnergies has announced that it has begun building work on the initial plant for processing gas from the Ratawi field in the Basra region of Iraq.
Hidayah project gets final investment decision from Petronas
17/01/2025 by OilStoreAdministrator
Petronas has announced that it has made a final investment decision to develop the Hidayah field in Indonesia.
Chevron brings Whale project online in US Gulf of Mexico
16/01/2025 by Richard
Integrated energy company Chevron has announced that in the deepwater of the US Gulf of Mexico, the semi-submersible platform ‘Whale’ has begun producing crude oil.
OPEC production decreases as UAE deploys supply cuts
15/01/2025 by Mark
The Organisation of Petroleum Exporting Countries (OPEC) crude oil production slowed last month, due to the United Arab Emirates implementing supply cutbacks designed to keep global oil markets afloat.
Aviation lubrication industry focuses on sustainable solutions
14/01/2025 by OilStoreAdministrator
A new report exploring the strategies and opportunities for the aviation lubricant market up to 2033 has forecast a focus on more sustainable and biodegradable products.