IEA warns oil market at tipping point
28/10/2025 by Joel Thompson
The International Energy Agency (IEA) has warned of a potential tipping point in the global oil market, following signs that a glut in supply is becoming increasingly evident.
Aramco warns of possible supply crunch
27/10/2025 by Thomas Clark
Saudi Arabia’s state-owned oil company, Saudi Aramco, has warned that the world could run short of crude oil if the industry doesn’t ramp up exploration and investment to develop a new supply.
Shell takes FID for gas development offshore of Nigeria
24/10/2025 by Cameron Clarke
UK-based oil major Shell has announced a final investment decision (FID) for the HI gas project, which will be located offshore of Nigeria.
ExxonMobil brings Brazil project online
23/10/2025 by Daniel Tait
Oil major ExxonMobil has announced the start of production at its first upstream project in Brazil in over a century.
Fuchs launches tool to calculate certified carbon footprint
22/10/2025 by Jay Hatton
Global lubricant player Fuchs has announced a new sustainability milestone in the form of an automated tool to calculate the certified product carbon footprint (PCF) of its solutions.
Kluber launches new REDcert² certified lubricants
21/10/2025 by Joel Thompson
Leading lubricant supplier Kluber Lubrication has announced a new generation of environmentally conscious lubricants that conform to the REDcert² system of certification.
Researchers develop new solid lubricant for seed dispersal
20/10/2025 by Thomas Clark
Engineers at the North Carolina State University (NCSU) have developed a pioneering solid lubricant for aiding agricultural seed dispersal that is biodegradable and non-toxic.
BP starts up sixth upstream project this year
17/10/2025 by Cameron Clarke
UK-based oil major BP has announced the successful start-up of operations in the UK North Sea’s Murlach project.
Veolia partners with TotalEnergies in key environmental areas
16/10/2025 by Daniel Tait
France-based multinationals TotalEnergies and Veolia have established a new strategic partnership to help further their respective targets for the circular economy and the energy transition.
Shell to develop offshore Venezuela gas field
15/10/2025 by Jay Hatton
The US government has now granted energy giant Shell’s Trinidad and Tobago arm authorisation to develop a gas field based offshore in Venezuela.
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.
Exxon Mobil signs deal with Iraq
13/10/2025 by Thomas Clark
US oil major Exxon, owner of the leading lubricant brand Mobil, recently signed a non-binding agreement with Iraq to assist in development of the Majnoon oilfield. This would help the