Blogg category - Oil Industry

Once the current round of COVID-19 concerns begins to settle, oil prices potentially could rise above $70 per barrel by the middle of this year, according to

The owner of the massive Stanlow Manufacturing Complex, Essar Oil UK, has announced that it is confident in the business’s future prospects despite reports that it may be

The UK has become the first country to agree a deal with the oil and gas sector to support it as it transitions towards cleaner forms of energy, making it the first Group of Seven…

The Anglo-Dutch oil major Royal Dutch Shell has suggested furthering its decarbonisation strategy by strengthening the link between climate objectives and

The UK government recently gave the go ahead to drill more North Sea wells, which it says will safeguard the industry and the thousands of jobs related to it.

The US Energy Information Administration (EIA) has forecasted in its March Short-Term Energy Outlook that crude oil prices will rise in April, due in part to

According to Amin Nasser, the CEO of Saudi Aramco, the world’s biggest oil company is looking to cooperate more with China in areas like the production of ammonia and hydrogen from natural gas, as well…

The UK government has given its backing to the union of three projects concerning carbon capture, use and storage (CCUS) in the Humber and Teesside regions, which together represent

According to a report from oil major and lubricant producer Royal Dutch Shell, the company’s trading division doubled its earnings to

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

The Chief Executive Officer of Total, Patrick Pouyanne, said on the BFM Business radio station that he does not

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