Blog category - Oil Partnerships

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Middle East oil major increases stake in petrochemical company

14/10/2025 by Joel Thompson

Saudi Aramco recently completed its acquisition of a further 22.5 per cent stake in Petro Rabigh from Japanese corporation Sumitomo Chemical for $702 million.
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Fuchs acquires long standing distribution partner

10/10/2025 by Cameron Clarke

The world’s largest independent lubricant maker, Fuchs SE, has confirmed it will take over Aseol Suisse AG, its longstanding distribution partner in Switzerland. The acquisition is expected to further expand the presence of Fuchs in
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Chemicals

TotalEnergies agrees to supply more LNG to South Korea

16/09/2025 by Jay Hatton

Energy giant TotalEnergies has signed a new Heads of Agreement (HoA) with KOGAS, the national company for natural gas in South Korea.
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TotalEnergies announces CO2 storage at Northern Lights

03/09/2025 by Cameron Clarke

Together with partners Shell and Equinor, TotalEnergies has announced the start of carbon dioxide (CO2) storage at the Northern Lights facility.
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Shell and BP sign agreements with Libya

18/07/2025 by Mark

UK-based oil majors BP and Shell have signed agreements to work on potentially developing hydrocarbon assets in Libya, which has become Africa’s biggest oil producer.
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Alternative Energy Emerging Technologies

TotalEnergies widens Caribbean partnership with AES

11/07/2025 by OilStoreAdministrator

France-based energy giant TotalEnergies has built upon its LNG (liquefied natural gas) arrangement with AES in the Caribbean to now include renewable energy solutions.
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TotalEnergies becomes Tour de France partner

04/07/2025 by Richard

TotalEnergies has announced that it has signed up as an official partner in the Energy category for the 2026-2028 Tour de France seasons.
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Petronas and TotalEnergies strengthen partnership

25/06/2025 by Jay Hatton

The bosses of multinational oil companies Petronas and TotalEnergies have enhanced their partnership through the exchange of interests in promising exploration and development blocks.
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Shell eyes acquisition of BP amid market activity

15/05/2025 by Thomas Clark

According to a recent report from Bloomberg, oil behemoth Shell is currently considering purchasing fellow UK company BP.
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Petronas Lubricants forms new partnership

08/05/2025 by Mark

Malaysian manufacturer Petronas Lubricants International (PLI) recently signed a new partnership agreement with Glide Technology, a local lubricant maker. The concord covers the distribution of
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BP celebrates four decades with Meghna Petroleum

06/05/2025 by OilStoreAdministrator

British multinational oil and gas company (and owner of the Castrol lubricant brand), BP, and Meghna Petroleum Ltd, the state-run oil company (working under the Bangladesh Petroleum Corporation) recently celebrated one of
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Castrol returns as sponsor for South African race event

05/05/2025 by OilStoreAdministrator

BP-owned lubricant brand Castrol recently confirmed it will return to the South African Rally-Raid Championship (SARRC) this year as title sponsor for the Neil Woolridge Motorsport team.
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