Hoyer and Shell piloting diesel alternative
21/10/2022 by Mark
Shell has divulged that it is conducting a pilot project for an alternative diesel fuel in partnership with Hoyer, a leading specialist in global bulk logistics.
OPEC+ members defend steep production cut
21/10/2022 by Richard
Representatives from OPEC+ participating countries have lined up to defend the group’s recent decision to cut its total production by two million barrels per day.
Castrol announces test centre for data centre cooling
20/10/2022 by Mark
Leading lubricant brand Castrol has revealed that its headquarters in the UK will soon host a new centre for testing and developing technology to provide cooling for data centres through immersion.
Massive Kashagan oilfield to restart production this month
19/10/2022 by OilStoreAdministrator
According to Bolat Akchulakov, Kazakhstan’s Energy Minister, the Kashagan oilfield in Kazakhstan’s portion of the Caspian Sea will resume full production by the end of the month.
OPEC revises down growth in oil demand
18/10/2022 by Katie
In its latest forecast, OPEC has cut its estimates for growth in the demand for crude oil this year and next year.
The UK’s millionth electric vehicle hits the road
18/10/2022 by Richard
The UK automotive sector passed a new milestone in September, as the UK’s road network welcomed the millionth battery electric vehicle (BEV), according to recent data from the Society of Motor Manufacturers and Traders (SMMT).
Shell and partners to demonstrate fuel-cell shipping technology
17/10/2022 by Mark
Together with Hyundai Heavy Industries (HHI) and other partners, Shell is to launch a project to demonstrate the potential of fuel cells to power large shipping vessels.
Industrial tech projects to receive £14 million in funding
15/10/2022 by Mark
The UK Government has announced a total of £13.7 million in funding for 12 projects under the Made Smarter Innovation Challenge of the UKRI’s Sustainable Smart Factory Competition, which focuses on supporting improved productivity through…
BP submits bid for HyGreen Teesside
15/10/2022 by greg
Energy major BP has submitted its bid to the Net Zero Hydrogen Fund (NZHF) and Hydrogen Business Model (HBM) of the UK Government for its proposed HyGreen Teesside hydrogen facility.
Shell UK signs long-term partnership with British Cycling
14/10/2022 by OilStoreAdministrator
The UK arm of energy and lubricant company Shell has pledged a wide-ranging package of long-term support for British Cycling as one of its official partners.
Norway set to generate record oil and gas revenues
13/10/2022 by Richard
With the production of oil and liquids set to increase markedly next year, Norway’s draft budget predicts that petroleum revenues will reach a new record high next year.
SMMT: UK automotive needs investment not handouts
12/10/2022 by Katie
The Society of Motor Manufacturers and Traders’ (SMMT) chief executive, Mike Hawes, has said that the UK automotive sector does not need government handouts but rather a renewed focus on investment.