Archives for 2018
BP buys Britain’s largest electric vehicle charging company
BP Plc plans to acquire the U.K.’s largest electric vehicle charging company, the latest in a string of acquisitions by major oil companies in the growing market for greener transport. Source: FuelFix
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An emerging shale oil producer is courting Exxon and Chevron
Algeria’s energy industry is open for business. That’s the message the head of the country’s state-owned oil and natural gas company is taking to majors like Exxon Mobil Corp. and Chevron Corp. as Algeria looks...
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Oil exports hit new 3 million barrels record
U.S. crude oil exports hit a new high of 3 million barrels a day last week, shipping out more than a quarter of the nation’s record volumes of oil production. Source: FuelFix
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Two energy companies say they can store off-shore wind power
Norway-based Equinor, one of Europe’s largest energy companies, teamed up with Masdar, an energy company based in United Arab Emirates, to develop a battery that can store wind energy. Source: FuelFix
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Crude inventories plunge, adding fuel to oil rally
Crude inventories last week experienced the biggest decline of the year, adding more support to rising oil prices. Source: FuelFix
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