Saudi Aramco expects full production again soon
30/09/2019 by Richard
Saudi Aramco, the state-owned oil company of Saudi Arabia, says it expects to restore full production levels by the end of September. Two oil facilities at
Offshore wind power rights to be sold by the Crown Estate
27/09/2019 by OilStoreAdministrator
For the first time in a decade, the Crown Estate, which is managed semi-independently on behalf of the monarch and the government, has launched an initial bidding round for the rights to build offshore
ExxonMobil strikes oil again offshore of Guyana
24/09/2019 by Richard
Oil major ExxonMobil has made yet another discovery in the waters offshore of Guyana in South America, the 14th so far. The find was made in
East Anglia One wind farm produces first electricity
21/09/2019 by Richard
The East Anglia One offshore wind farm recently passed a milestone, as the first in a set of 102 planned wind turbines came
New Saudi energy minister signals deal to stay
18/09/2019 by Mark
The new energy minister of Saudi Arabia, Prince Abdulaziz bin Salman, has signalled that the production-limiting deal between OPEC and
ExxonMobil to negotiate sale of assets in Norway
15/09/2019 by OilStoreAdministrator
ExxonMobil is in exclusive talks with Vår Energi about the sale of its remaining oil and gas assets in Norwegian waters. The
Netherlands completes first offshore substation
12/09/2019 by Richard
Last Thursday, September 5, the Dutch government announced that the first of five offshore substations, known as “sockets”, had been
Liza Destiny arrives in Guyana
09/09/2019 by Richard
Following its construction in Singapore and a 42-day journey, the Liza Destiny has arrived in the waters offshore of Guyana, making it
Mosaic Materials and ExxonMobil join to explore carbon capture
06/09/2019 by Mark
ExxonMobil has added a new pathway to explore scalable carbon capture technology with its announcement that it has come to an
US becomes world's largest oil and gas producer
03/09/2019 by OilStoreAdministrator
According to statistics released by the US Energy Information Administration (EIA), the United States became the world’s biggest producer of
Mobilgard 540 to be available next week
30/08/2019 by Richard
ExxonMobil has announced that its new Mobilgard 540 oil will be made available from Monday, September 2. This new 40BN cylinder oil for
Report projects revenue growth for wind turbine gear oils
27/08/2019 by Mark
Market Research Insights has published a new report projecting the growth in the wind turbine gear oils market between 2019 and 2024.