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Barclays lowers oil price forecasts

22/08/2022 by Richard

Banking giant Barclays has slashed its price forecasts for both Brent and West Texas Intermediate (WTI) crude oil by
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Government shortlists BP-led Teesside projects

21/08/2022 by Katie

Two prominent low-carbon projects in Teesside moved a step closer to initiation as the UK Government included them in the shortlist for
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Aramco says it can quickly scale oil production to 12 million bpd

19/08/2022 by OilStoreAdministrator

Amin Nasser, the head of Saudi Aramco, has played down fears of there being limited spare capacity in Saudi Arabia
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UK fashion boss promotes manufacturing “reshoring”

18/08/2022 by greg

In an interview with the Guardian, David Nieper—the boss of a Derbyshire-based business that makes womenswear, lingerie and
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Oil Gas

Shell repairs Gulf of Mexico pipeline

18/08/2022 by Mark

Two pipelines serving oil platforms in the US Gulf of Mexico have been quickly brought back online, allowing the affected
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Crown Estate Scotland launches INTOG leasing round

17/08/2022 by OilStoreAdministrator

Crown Estate Scotland, which is responsible for leasing the seabed for offshore power generation, has recently launched
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Shell begins process to sell Cambo stake

16/08/2022 by Richard

According to sources in the industry speaking to Reuters, Shell has initiated the process to sell
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UK automotive sector continues to grow

15/08/2022 by Mark

According to the most recent data from the Lloyds Bank UK Sector Tracker, the UK automotive sector grew for
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Iran nuclear talks end with final text

15/08/2022 by OilStoreAdministrator

Talks in Vienna with Iran to reinstate a nuclear deal have ended with European officials submitting a final draft agreement for consideration by
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Toyota again denies intention to leave UK

12/08/2022 by Katie

Car maker Toyota has again reaffirmed its commitment to UK production, despite a claim in the Sunday Telegraph that it could wind up its UK manufacturing if the sale of new
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wind turbine 2

UK set to get first wind-powered platform

12/08/2022 by Mark

Ping Petroleum UK and Cerulean Winds have signed an agreement to construct one of a new wave of oil and gas platforms that will be primarily powered
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Conference programme released for Lubricant Expo

11/08/2022 by Richard

The organisers of one of Europe’s leading lubricant events, Lubricant Expo, have published the conference programme for this year’s event, which will take place in Essen, Germany on
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