oil news

Cimac implements complete automation, control and electrical distribution solutions, primarily for Water-Waste Water and Oil & Gas customers.

Shell, as lead operator, will hold a 45% share, with partner Petronas holding 30%. The Iraqi state holds 25% of the participating interests in all licences.

The South African Petroleum Authorities today confirmed Royal Dutch Shell plc as the successful bidder for exploration rights in the Orange Basin deep-water area, off the country’s west coast.

Nestlé has today announced its commitment to using only Certified Sustainable Palm Oil (CSPO) by 2015, when sufficient quantities are expected to be available.

Siemens Water Technologies and MyCelx Technologies Corporation (Gainesville, Georgia, USA) have reached an exclusive distributorship and service agreement to promote oil removal technology in Saudi Arabia.

Shell announced that it is starting construction of a major new lubricants blending plant - the first to be built by an international oil company in Russia.

Chevron Corporation (NYSE:CVX) announced today that its affiliate, Cabinda Gulf Oil Company Limited (CABGOC) and its partners, had made a successful discovery in Block 0 located adjacent to the Cabinda coastline in Angola.

Under a contract of approximately US$25 million, GE Oil & Gas will supply three ICL units, which are designed to offer operating and environmental benefits.

BP announced today the drilling of a successful appraisal well in a previously untested southern segment of the Mad Dog field

GE Oil & Gas, a world leading company in oil and gas advanced technology equipment and services, today announced that it has been selected by BP to conduct two initial engineering studies for the Foinaven oil field, for subsea processing and power-from-shore systems respectively.

Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP Exploration (Angola) Limited today announced the ’Oberon’ oil discovery in ultra-deepwater Block 31, offshore Angola.

Gulf’s Deepest Production Expected to Add 125,000 Barrels of Oil Per Day

Today at Shell stations across the U.S., consumers will fill-up with a new product at the pumps. Shell is introducing the all-new Nitrogen Enriched Gasolines, containing a unique, patented cleaning system designed to seek and destroy engine "gunk" (carbon deposits) in all three grades of gasoline. The new Nitrogen Enriched cleaning system protects and cleans up gunky build-up on intake valves and fuel injectors left by lower quality gasolines.

When the Drake Oil Well in Titusville, Pennsylvania began seeping crude oil 150 years ago, humanity allowed itself to become engulfed in the ecology of oil, according to a Penn State environmental historian.Now in the midst of an energy transition, the U.S. and the world need to keep moving forward toward alternative methods of power generation.

Speaking from the Cambridge Energy Research Associates’ CERAWeek 2009 gathering in Houston today, Albrecht (Ali) Ferling, Ph.D., managing director, Worldwide Oil and Gas Industries for Microsoft Corp., announced that the leadership for the company’s worldwide oil and gas industry business is now located in Dubai, United Arab Emirates, one of the most international cities in the world and a rising hub for global business.

The Camelina Company announces that camelina meal will be available for use as broiler chicken feed.

Barack Obama may already be losing credibility over his explanation as to why he dropped the windfall profits tax on the oil and gas industry from his administration's agenda.

Unilever disposes of oils business and plantation interests and acquires regional soap business.

Open innovation approach seeks new advanced method for 3D fracture net representation

Sociedade Nacional de Combustíveis de Angola (Sonangol) and BP Exploration (Angola) Limited today announced the Dione oil discovery in ultra-deepwater Block 31, offshore Angola.