Tag Archives: oil industry

Exol Customer’s Delivery Schedules Set To Get Even Better!

Posted on March 1, 2013 by Steve

Giving our customers the very best possible service has always been a top priority, the latest example of putting this drive into practice taking place in Rotherham. Exol’s Sales Director Steve Dunn said “Exol Rotherham has recently commissioned a new … Continue reading →

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Oil rig grounded off Alaskan coast

Posted on January 15, 2013 by News Team

An oil rig has broken loose during a severe storm on New Year’s eve and is stuck on the Alaskan coast. The good news is that there does not seem to be any leakage of diesel, hydraulic fluid or other … Continue reading →

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Why are the oil markets so volatile?

Posted on August 20, 2012 by News Team

Oil prices fluctuate all the time and although recently the price of Brent crude has fallen below $100 per barrel, the cost of many oil products remains relatively high and rarely drops back down to match the crude prices. That … Continue reading →

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China to invest in North Sea

Posted on August 10, 2012 by News Team

It looks as if much needed investment in the North Sea is on its way. The Chinese state owned company China National Offshore Oil Corporation has bought Canadian firm Nexen, which owns the Buzzard field. Experts are now warning that … Continue reading →

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1.6 Billion barrels of oil found off the Irish coast

Posted on August 8, 2012 by News Team

Oil exploration is a continuous process with searches taking place all over the world. A recent find off the Irish coast is now looking to be a very interesting and potentially profitable discovery. THERE is more and better quality oil … Continue reading →

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Waste disposal management is vital for oil fields

Posted on April 25, 2012 by News Team

Oil is one of the most essential commodities in modern times and so exploration and extraction has become a multi-million pound industry. Crude oil is extracted from the ground either on land or under water or ice. On land a … Continue reading →

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Argentina poised to take control

Posted on April 24, 2012 by News Team

With all the hoo-ha from Argentina regarding oil fields off the Falkland Islands, the Argentine government has announced its plans to nationalise local oil assets which are controlled by a Spanish company. This move is a serious threat to relations … Continue reading →

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Oil spills affect more than just the human community

Posted on April 20, 2012 by News Team

The oil industry drives many economies around the world and huge investment is made every day. The price of oil on the stock markets has the capacity to cause fluctuations in other sectors on the markets. Oil production is controlled … Continue reading →

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Offshore oil platforms are like mini cities

Posted on March 22, 2012 by News Team

There is a good deal of oil under the seas and oceans and extracting it is done using off shore oil platforms. There are many areas in the world where this is done such as the North Sea, Nigeria and … Continue reading →

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The future is looking bright for North Sea oil and gas production

Posted on March 13, 2012 by News Team

Many experts believe that North Sea oil and gas are running out and as a result, official figures have shown that production of oil and gas have fallen approximately 5% per year since 2005. Some experts are predicting that the … Continue reading →

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