British oil major expands operations in Angola
04/11/2025 by Joel Thompson
Oil and gas multinational Shell recently reported it will invest approximately $1 billion to fund new oil blocks based in Angola.
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.
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.
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.
Fuchs acquires long standing distribution partner
10/10/2025 by Cameron Clarke
The world’s largest independent lubricant maker, Fuchs SE, has confirmed it will take over Aseol Suisse AG, its longstanding distribution partner in Switzerland. The acquisition is expected to further expand the presence of Fuchs in…
OPEC+ agrees further output hike
08/10/2025 by Thomas Clark
Eight of the OPEC+ countries participating in the current tier of voluntary production cuts have announced a further 137,000 barrels per day (bpd) in crude oil production.
Shell to double LNG Canada output
07/10/2025 by Daniel Tait
UK-based Shell is set to double the production of liquefied natural gas (LNG) at LNG Canada.
What does the ISO number on oil mean?
06/10/2025 by Joel Thompson
Before purchasing oil from leading brands like Fuchs and Kluber, it is advisable to examine the ISO number.