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The oil industry may be facing tough times at the moment, with the COVID-19 pandemic causing a drop in both price and demand, but oil companies like

With storage apparently running out in the US, some oil companies have started sending oil to the Strategic Petroleum Reserve (SPR) following an agreement with the

While reduced demand and low prices remain a problem in the oil industry, Shell has confirmed that the Cambo discovery to the west of Shetland is still an

The new agreement by the OPEC+ group of oil-producing countries is set to take effect on May 1, but Saudi Arabia has already begun implementing

Oil prices have always been subject to huge change. Fuel forecourt prices have historically fluctuated in a way that the produce in the supermarket next door has

US-based energy company ExxonMobil has announced that it has successfully reconfigured production facilities in Louisiana to make medical-grade hand sanitiser. The company is

The effects of the COVID-19 pandemic are being felt in every part of life, and the oil industry is no exception. Perhaps the

Leading lubricant producer Morris Lubricants has announced a new scheme to assist heritage railways, many of which are struggling financially after having to temporarily close their doors to visitors during the COVID-19 pandemic. The new…

Like many other industrial companies, oil major Shell has been making changes in its business to help combat the spread of COVID-19. In its latest move, it

Oil giant Shell has announced its plan to join other oil supermajors in cutting greenhouse gas emissions, with the long-term aim of reaching net-zero emission

Like most industries, oil and gas have been hit hard by COVID-19, but there are plenty of examples of the sector playing an important role in fighting the

German-based FUCHS, a maker of industrial lubricant products like slideway oil and grease, has decided to host this year’s Annual General Meeting (AGM) online.