ExxonMobil to promote sustainable solutions at K2022
09/09/2022 by Katie
At K2022 in Düsseldorf, which claims to be the world’s top trade fair for plastics and rubber, energy major ExxonMobil will highlight the benefits of its sustainable solutions.
Guyana to make $1.1 billion in oil revenue
08/09/2022 by Mark
According to the mid-term report from Guyana’s Ministry of Finance, the South American country is set to receive $1.1 billion in oil revenues this year.
US oil production at two-year high
07/09/2022 by Richard
According to monthly data from the US Energy Information Administration (EIA), total crude oil production in the US rose in June to 11.8 million barrels per day (bpd), which is the highest level since April…
Shell CEO to step down
06/09/2022 by Mark
According to a report from Reuters, Ben van Beurden, CEO of energy major Shell, will be stepping down soon after almost 10 years
Elon Musk says world still needs oil and gas
02/09/2022 by Richard
The founder of electric vehicle (EV) maker Tesla Inc., Elon Musk, has said that he accepts that the world will need to continue using oil and gas for the time being.
OEUK calls for politicians to support North Sea production
30/08/2022 by Richard
Offshore Energies UK (OEUK) has called on the UK Government to ensure that it continues to support the production of energy in the UK North Sea.
Chinese oil and gas production hits record high
25/08/2022 by Richard
Production of natural gas and crude oil in China has hit a new record in the first seven months of this year, according to
Barclays lowers oil price forecasts
22/08/2022 by Richard
Banking giant Barclays has slashed its price forecasts for both Brent and West Texas Intermediate (WTI) crude oil by
Government shortlists BP-led Teesside projects
21/08/2022 by Katie
Two prominent low-carbon projects in Teesside moved a step closer to initiation as the UK Government included them in the shortlist for
Aramco says it can quickly scale oil production to 12 million bpd
19/08/2022 by OilStoreAdministrator
Amin Nasser, the head of Saudi Aramco, has played down fears of there being limited spare capacity in Saudi Arabia
Shell repairs Gulf of Mexico pipeline
18/08/2022 by Mark
Two pipelines serving oil platforms in the US Gulf of Mexico have been quickly brought back online, allowing the affected
Shell begins process to sell Cambo stake
16/08/2022 by Richard
According to sources in the industry speaking to Reuters, Shell has initiated the process to sell