BP to look at repurposing oil and gas facilities
25/01/2023 by Richard
UK-based energy major BP has announced plans to conduct a feasibility study for a new hydrogen hub at Wilhelmshaven, Germany, with the intention being to repurpose some of its existing oil and gas infrastructure to…
Mobil joins up with Red Bull KTM
24/01/2023 by Katie
US-based oil major ExxonMobil has formed a new partnership with the Red Bull KTM Factory Racing team as it seeks MotoGP success this season.
Shell Recharge to use MFG’s chargers
24/01/2023 by Mark
Users of Shell’s electric vehicle (EV) charging service will be able to make use of MFG’s own network of chargers through the Shell Recharge app thanks to a new roaming agreement between the two companies.
Guyana's oil attracts international interest
23/01/2023 by OilStoreAdministrator
Reuters reports sources familiar with the oil industry as saying that the forthcoming bidding round for Guyana’s offshore areas is piquing the interest of oil companies in Asia, India and Europe.
Cox Automotive Europe predicts automotive recovery
21/01/2023 by greg
Despite the supply of new vehicles being disrupted since the COVID-19 pandemic, Cox Automotive Europe has estimated that the global market for automobiles will make a tentative recovery this year.
Chinese GDP data keeps oil prices steady
20/01/2023 by Richard
China has released its GDP data for last year, and despite the oil markets eagerly anticipating it, the news has failed to trigger any substantial movements in oil prices.
Norway awards 45 new exploration licenses
19/01/2023 by Mark
The Ministry of Petroleum and Energy of the largest producer of crude oil in Western Europe, Norway, has issued 45 new exploration licenses to some 25 companies as part of its APA 2022 licencing round,…
ExxonMobil collaborates with WEICan to improve wind lubricants
18/01/2023 by Mark
US-based oil major ExxonMobil is collaborating with the Wind Energy Institute of Canada (WEICan) to work on creating next-generation lubricants for the wind industry.
Norway expects continuing high levels of oil and gas production
18/01/2023 by Richard
According to the Norwegian Petroleum Directorate (NPD), the country will continue producing natural gas at near record highs, while the ramping up of production in the massive Johan Sverdrup field will contribute to a 6.9%…
UK firm selected to provide BP’s well engineering services
18/01/2023 by OilStoreAdministrator
Aberdeen-based THREE60 Energy, which offers complete solutions to the energy industry, has been awarded a five-year contract to provide energy major BP with well engineering services around the world.
BP appoints executive from Equinor to lead ventures division
17/01/2023 by Mark
UK-based energy company BP has recruited Gareth Burns to lead its worldwide ventures business.
ENEOS joins Shell in certification programme
16/01/2023 by OilStoreAdministrator
The biggest lubricant company in Japan, ENEOS, has joined the ElectroSafe Fluid Partner Program that was launched by GRC at the end of last year.