Shell reports its progress on carbon emissions
24/03/2023 by Mark
UK-based energy company Shell has released its latest Energy Transition Progress Report to document the progress it made in reducing its emissions footprint in 2022.
Economist at BP cautions against excessive focus on decarbonisation
23/03/2023 by Richard
Speaking in an interview in Mexico City, Michael Cohen, the chief US economist at BP, said that the oil sector’s ability to meet demand had been eroded by a disproportionate focus on slashing greenhouse gas…
Shell to help reduce carbon emissions in Philippines
22/03/2023 by Katie
The local arm of energy giant Shell has partnered with three companies in the Philippines to provide solutions to help them reduce the carbon footprint of their construction activities.
Castrol becomes an official fluid partner to GRC
22/03/2023 by OilStoreAdministrator
Green Revolution Cooling (GRC) has announced that leading lubricant maker Castrol is to join its ElectroSafe Fluid Partner Program for progressing the single-phase fluid technology for immersion cooling.
ExxonMobil launches Mobil 1 Triple Action Power+
21/03/2023 by Mark
US oil major ExxonMobil has launched the latest addition to its iconic Mobil 1 range in the form of the new Triple Action Power+ range. The new product has been engineered to help drivers get…
US official requests greater oil production
20/03/2023 by Richard
Speaking in Houston, Texas on the sidelines of an energy conference, the US Undersecretary of State for Economic Affairs, Energy and the Environment, Jose Fernandez, expressed that
Petrobras agrees energy transition plan with Shell
19/03/2023 by greg
Petrobras, the state-owned oil and gas company of Brazil, and UK-based energy giant Shell have signed a five-year Memorandum of Understanding (MoU) to explore options for the energy transition and new upstream production opportunities.
Pioneer CEO says no more record US oil production
17/03/2023 by OilStoreAdministrator
Scott Sheffield, the boss of Pioneer Natural Resources, has said that inventory and refining limitations will prevent crude oil production in the US from booming ever again.
BP denies backtracking on green transition
16/03/2023 by Katie
Dave Lawler, BP America’s chair, has said that BP’s plans to produce more oil than previously announced did not mean it was shifting away from its transition to renewable and low-carbon energy.
Heavy-duty mobile equipment lubricant launched by Petro-Canada
16/03/2023 by Mark
Petro-Canada Lubricants has released a new synthetic, multi-purpose, all-season lubricant for the wet brakes, transmissions, drive lines, and hydraulic systems of heavy-duty equipment in sectors like construction and mining.
Suncor sells UK oil assets to Equinor
15/03/2023 by Richard
Canada’s Suncor Energy has reached a deal to sell its UK oil assets to Equinor of Norway for $850 million.
Valvoline finalises sale of global products division
14/03/2023 by OilStoreAdministrator
Leading lubricant brand Valvoline has completed the sale of its global products division to the Saudi oil giant Aramco in