Shell Energy introduces solar battery tariff
20/07/2020 by Richard
Shell Energy, the energy supply arm of Royal Dutch Shell, has launched what it calls a “first of its kind” tariff
Deltic CEO positive about North Sea oil
16/07/2020 by OilStoreAdministrator
Graham Swindells, the CEO of Deltic Energy, has reinforced his company’s desire to invest in the North Sea oil and gas sector, saying that he sees the sector as being capable of recovering from the…
Shell and Deloitte publish joint report on shipping decarbonisation
14/07/2020 by Richard
Royal Dutch Shell, together with Deloitte UK and Deloitte Netherlands, has published a join report describing their research into the shipping industry’s views about decarbonising the sector. The report, titled
OPEC slashes production to post-Gulf War levels
12/07/2020 by Mark
Oil cartel OPEC has reduced its total oil output to its lowest level since 1991, when oil production in the Middle East was significantly disrupted. Bloomberg reports its
Shell mulls possible move to the UK
10/07/2020 by OilStoreAdministrator
Oil producer and lubricant manufacturer Royal Dutch Shell appears to be open to a change to its Anglo-Dutch structure, wherein it is incorporated in the UK but headquartered in the Netherlands. Instead, it would become…
Slicker Recycling acquires Re:Group
09/07/2020 by Mark
Workshop waste and oil recycling company Slicker Recycler has acquired Re:Group, another oil recycling specialist based in Hull. While advanced lubricants like
BP sells petrochemicals business for $5bn
06/07/2020 by OilStoreAdministrator
Oil major BP, which produces the Castrol range of lubricant products, has formalised an agreement to sell its petrochemicals business to UK-based chemicals company INEOS in a deal worth $5bn (approximately £4bn). The sale will
Oil giants look to hydrogen in post-COVID era
02/07/2020 by Mark
Bloomberg reports that oil companies are again eying hydrogen as a way to remain relevant during a future of uncertain oil demand and the transition to net-zero emissions. Hydrogen as a
UK Oil and Gas commits to halving emissions
26/06/2020 by Richard
Trade association UK Oil & Gas (OGUK), which represents the UK’s offshore oil and gas industry, has committed to halving emissions from North Sea facilities by 2030. The target will act as a milestone for…
Shell and IBM set up online marketplace for mining services
24/06/2020 by OilStoreAdministrator
US-based technology giant IBM and the Anglo-Dutch energy and lubricant company Shell have jointly launched Oren, a new online marketplace to connect mining companies with other companies
Global oil production down in May
22/06/2020 by Mark
Oil production decreased substantially in May, with total liquids production averaging just 89.89 million barrels per day
Shell to overhaul business operations
16/06/2020 by Richard
Oil major Shell is set to undertake a widespread review of its business operations with the aim of “adapting to a different future.” Shell has already set itself the target of becoming a net-zero-carbon business…