US rig count down but production steady
15/08/2019 by Mark
For the week ending August 9, the US rig count dropped for the sixth consecutive week according to a report from energy service firm Baker Hughes. While this indicates
ExxonMobil uses virtual reality to train crane operators
24/07/2019 by Mark
Ahead of its expansion of its Baton Rouge polyolefins plant, ExxonMobil has launched a new training initiative in cooperation with
ExxonMobil announces new low-sulphur marine fuels
12/07/2019 by OilStoreAdministrator
ExxonMobil has revealed its new range of low-sulphur EMF.5 marine fuels, ready for lower caps on sulphur emissions set down by the
EIA: US oil production topped 12 million bpd in April
06/07/2019 by OilStoreAdministrator
According to the latest monthly report from the US Energy Information Administration (EIA), US crude oil production broke through the
US oil production sets new record
30/06/2019 by Mark
According to the latest monthly statistical report from the American Petroleum Institute (API), US oil production reached a new record average of 12.2 million barrels per day
US shale oil production set to exceed 8.5 million bpd
21/06/2019 by Mark
Seven major shale formations will be responsible for 8.52 million barrels per day (bpd) of oil production in July, according to
US shale oil production to grow substantially
27/05/2019 by OilStoreAdministrator
According to Rystad Energy, an independent energy research and business intelligence company, US onshore production is set to grow by around 16% this year – an increase of between 1.1 million and 1.2 million barrels…
IEA releases monthly report
24/05/2019 by OilStoreAdministrator
The International Energy Agency (IEA) has said in its monthly report that it expects rising US oil production to offset the declining production in Venezuela and Iran. The US Government recently decided to
Researchers develop leak alarm for decommissioned wells
12/05/2019 by Richard
A team of researchers based in Scotland have developed a new way to protect against oil leaks from decommissioned wells. With some
OPEC oil production at four-year low, says survey
09/05/2019 by Richard
A survey by Reuters suggest that OPEC oil production is at its lowest rate for four years. According to the
ExxonMobil commits to expanding UK’s largest oil refinery
06/05/2019 by Richard
ExxonMobil has unveiled plans to invest over £800m in expanding its Fawley refinery, which is currently the UK’s largest oil refinery, on Britain’s south coast. ExxonMobil claims the expansion will up its ultra-low sulphur diesel…
ExxonMobil launches its Robotics Reverse Pitch Challenge
03/05/2019 by Richard
ExxonMobil, together with BBL Ventures, has begun inviting entrepreneurs to take part in its first Robotics Reverse Pitch Challenge. As part of the