Trading earnings doubled for Shell last year
18/03/2021 by Richard
According to a report from oil major and lubricant producer Royal Dutch Shell, the company’s trading division doubled its earnings to
Microsoft and Total team up to meet sustainability goals
16/03/2021 by OilStoreAdministrator
Tech giant Microsoft and oil major Total have agreed a strategic partnership to advance their shared goal of
Libya aims to raise oil production this year
14/03/2021 by Mark
Speaking to Bloomberg Television in an interview, Mustafa Sanalla, the Chairman of Libya’s National Oil Corporation (NOC), said the country is aiming to increase its oil production to 1.45 million barrels per day
Total’s CEO predicts oil prices
13/03/2021 by Richard
The Chief Executive Officer of Total, Patrick Pouyanne, said on the BFM Business radio station that he does not
US oil production to stay below pre-pandemic levels
12/03/2021 by OilStoreAdministrator
Vicki Hollub, the CEO of the international energy company Occidental, has said that she doesn’t expect US oil production to return to the same level it was
ExxonMobil targets higher earnings and dividends
10/03/2021 by Mark
Before its investor day, US oil major ExxonMobil announced that it expects its focus on profitable, high-return projects to result in its investments generating returns in
Petronas and Total look to low-carbon oil production
08/03/2021 by Richard
Attendees at the IHS Markit virtual conference were told that oil companies Petronas and Total are seeking to continue upstream oil production, but with lower
ExxonMobil to sell some North Sea assets
06/03/2021 by OilStoreAdministrator
US-based oil major ExxonMobil has announced it has agreed to sell the majority of its non-operated upstream North Sea assets to NEO Energy, which is
BT Group to buy renewable energy from Total
04/03/2021 by Mark
BT Group, which was formerly known as British Telecom, has signed a three-year deal with Total to supply it with renewable energy. BT alone consumes almost 1% of the electricity produced in the UK, but…
Shell launches carbon-neutral lubricants
02/03/2021 by Richard
Energy and lubricant giant Royal Dutch Shell has introduced a new portfolio of carbon-neutral lubricant products to help firms meet their own
UK manufacturing sector upbeat on vaccine progress
28/02/2021 by OilStoreAdministrator
With a third national lockdown inevitably impacting the economy, signs of optimism have emerged in new data from IHS Markit, with UK business being the most optimistic it has been for
Shell Foundation works to enhance energy accessibility
26/02/2021 by Mark
The US International Development Finance Corporation (DFC), which is a development arm of the US federal government, has signed a memorandum of understanding (MoU) with the UK-based Shell Foundation to supply five million low-income people…