Chevron boss: AI progress depends on natural gas
30/09/2024 by OilStoreAdministrator
Mike Wirth, the CEO of oil major Chevron, has said that the proliferation of AI (artificial intelligence) will drive an increasing demand for electricity in the coming year.
Castrol begins phasing in new packaging
24/09/2024 by Richard
With Castrol refreshing its brand image as part of its 125th anniversary celebration, it has announced that it will also begin rolling out new smarter packaging.
ExxonMobil and ADNOC to cooperate on low-carbon hydrogen
19/09/2024 by Richard
The UAE’s state-owned energy company, ADNOC, has agreed with ExxonMobil to buy a 35% stake in a project to produce hydrogen that will be almost carbon-free.
An innovative first for Chevron
18/09/2024 by Mark
In a first for the power industry, Chevron says it has successfully used a 60% hydrogen blend to fuel a SoLoNOx gas turbine, with it generating energy for a number of days.
TotalEnergies helps preserve natural carbon sinks
17/09/2024 by OilStoreAdministrator
France-based TotalEnergies has announced that it is to invest in sustainable forestry to help preserve forests as natural carbon sinks.
Chevron starts water injection at two more projects
16/09/2024 by Richard
Oil major Chevron has revealed that operations to inject water in fields to improve productivity have begun at two more projects in the US Gulf of Mexico.
Petronas releases film celebrating the caring culture of Malaysia
12/09/2024 by OilStoreAdministrator
Malaysia’s state-owned energy company Petronas has announced the release of a film celebrating the country’s culture of caring – something that helps unite the diverse population.
TotalEnergies announces floating offshore pilot project
11/09/2024 by Richard
France-based TotalEnergies has announced an innovative pilot project aimed at decarbonising one of its offshore platforms in the UK North Sea.
World first innovation announced by Chevron
10/09/2024 by Mark
US-based oil major Chevron has announced that a hydrogen-powered ferry it has supported has begun carrying commercial passengers across San Francisco Bay in California.
Chevron says captured carbon could create renewable fuel
05/09/2024 by Mark
US-based oil major Chevron has detailed how it is researching ways to convert captured carbon into renewable fuels.
Chevron uses mini ROVs to clean subsea structures
28/08/2024 by Mark
US-based oil major Chevron has announced that it has successfully tested using mini remotely operated vehicles (ROVs) to clean marine growth from the subsea structures of its offshore assets.
Shell invests in water injection for Vito field
23/08/2024 by Mark
Shell plc, through its subsidiary Shell Offshore Inc., has announced that it has made a final investment decision (FID) to proceed with a waterflood project for the Vito field in the US Gulf of Mexico.