Statoil, Shell and Total have signed a CO2 storage partnership agreement aiming to mature the development of carbon storage on the Norwegian continental shelf (NCS)
Statoil, Shell and Total enter CO2 storage partnership
Petrochemicals
Trescorp to launch oil storage and bunker services in Sohar
Singapore-based Trescorp has announced that it will launch a new 45 ha terminal in Sohar port, worth of US$600mn, with the first phase aiming to receive, store and blend crude oil, fuel oil and diesel
Chevron selects Dassault Systèmes to accelerate new lubricant product development
Worldwide Collaboration and Innovation Aimed Dassault Systèmes have announced that Chevron Products Company, a manufacturer and supplier of premium base oils and finished lubricants, selected the 3DEXPERIENCE platform to accelerate the development of lubricant products that are sold under the Chevron, Texaco and Caltex names worldwide
DME auctions 21.6mn crude oil barrels
Dubai Mercantile Exchange (DME), the international energy futures and commodities exchange in the Middle East, has concluded its latest Basrah Light auction on 20 September 2017, on behalf of Iraq’s National Oil Company, SOMO
Sonatrach chief speaks for oil industry reforms in Algeria
Abdelmoumen Ould Kaddour, CEO of Sonatrach, has stated that the country is required to upgrade its oil and gas industry laws in order to attract international investors
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