x close

We use cookies to improve our site and your experience. By continuing to browse on this website you accept the use of cookies.


Oil results second quarter 2018

Financial figures are more positive for Q2 and the first half of the year overall

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Phillips 66, Rosneft, Shell

17th August, 2018        

EVs on the global fast track

This month's EV round-up shows bold moves by automakers including mobile charging points and joint ventures

Tags: BP, electric vehicles, India, N America, Nissan, OEM Equipment, Renault

28th February, 2018        

BP to boost China retail sites; Shell looks to forecourt automation

BP has entered a joint venture to boost its retail presences across three Chinese provinces as Shell looks to automation technology to help its retail across the region.

Tags: BP, China, China Lubes Marketing, Lubes marketing, Shell

27th February, 2018        

Fourth quarter signs-off positive year for oil majors

Rising commodity prices and US tax reforms boosted 2017 Q4 and annual results for the oil producers.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Shell, Total

27th February, 2018        

Positive Q3 results 2017

Almost all oil majors are reporting increased sales and profits.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Shell, Total

13th November, 2017        

Russian engine oil market to grow along with buoyant luxury and used market.

The latest research shows motor lubes demand is set to grow as Daimler announces a new Russian factory and the used car market flourishes.

Tags: ACC, BP, Gazprom, Russia, Total

6th May, 2017        

First quarter 2017 sees oil majors in the black by some margin.

Oil majors have reported a significant improvement in earnings and profit.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Shell, Total

5th May, 2017        

BP, Castrol and McLaren sign deal

Lubes and fuel technology ties up with British supercar producer.

Tags: automotive industry, BP, Europe, motorsport, OEM Equipment

6th March, 2017        

Product fragmentation means more competitive global lubes market

New research from Transparency shows that products from regional lubes makers will increase pressure on an auto lubes market set to be worth $79bn by 2024.

Tags: Africa, Asia, BP, ExxonMobil, Middle East, Shell

6th March, 2017        

Fourth quarter results 2016

BP and Fuchs are bucking the downwards trend for the fourth quarter 2016.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Shell, Total

28th February, 2017        

Shell bucks downward trend in Q3 results

Shell has reported a large increase in CCS earnings amidst mainly poorer figures.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Lubes marketing, Phillips 66, Shell, Total

1st November, 2016        

Fuchs bucks the Q1 downward trend for majors

Independent, Fuchs, was the only ray of sunshine for 2016 Q1 figures, with all the majors reporting either a loss or a drop in earnings.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Total

3rd May, 2016        

Gloomy results from majors in 2015

Oil majors face continued misery as oil prices hit $30 a barrel.

Tags: BP, Chevron, ExxonMobil, Lubes marketing, Phillips 66, Shell

2nd February, 2016        

Taicang lubes base continues to attract investment

Foreign and domestic majors are increasing their presence in the port town

Tags: BP, Castrol, China, China Lubes Tech, CNPC, ExxonMobil, Lubes tech

31st October, 2015        

Q3 2015 another bad one for the oil majors

Low oil prices continue to drag positive downstream performances.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Lubes marketing, Phillips 66, Shell, Total

31st October, 2015        

View from the Bridge - October 15

Is the VW crisis the auto-industry's Deepwater Horizon and will it prove to be a turning point? What role will lubricants play in helping meet the increasing environmental pressures now being placed on the auto sector?

Tags: BP, China, CO2 emissions, N America, View from the Bridge, Volkswagen

5th October, 2015        

Q2 2015 shows further falls for oil majors

Oil majors show continued drop in figures for second quarter 2015 with only Fuchs and Phillips 66 bucking the trend.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Shell, Total

6th August, 2015        

US now largest oil producer says BP report

BP reviews the global energy market for 2014 with some surprising results.

Tags: BP, China, Lubes marketing, N America, Russia

3rd July, 2015        

China's Industrial lubes market continues to grow

Demand for high-quality, energy efficient industrial lubricants is increasing in China

Tags: BP, China, China Lubes Tech, Lubes tech

28th June, 2015        

VGP compliance for Wärtsilä; BP & Sinopec sign Singapore JV

Wärtsilä has developed propulsion systems which are compatible with environmentally acceptable lubricants (EALs). Meanwhile BP & Sinopec sign Singapore marine JV.

Tags: Asia, BP, Europe, marine, N America, OEM Equipment, Scandinavia, Sinopec

10th June, 2015        

BP and Sinopec to set up marine lubes unit

Two majors to collaborate on a marine bunkering business through new JV

Tags: Asia, BP, China, China Lubes Marketing, Lubes marketing, Sinopec

25th May, 2015        

Big Deals : Big Consequences

The RPS Downstream Consulting team examine what might happen if ExxonMobil decided to acquire BP. According to Sargeant and Speding this is a real possibility.

Tags: BP, Castrol, ExxonMobil, Lubes marketing, Lubricants, Shell, white papers

12th May, 2015        

Generally poor results from oil majors in Q1 2015

Fuch sbucks the trend with overall positive figures for the first quarter of 2015.

Tags: BP, Chevron, ConocoPhillips, Corporate News, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Shell, Total

5th May, 2015        

Castrol Magnatec ad a hit in China

After signing a major deal with NBA China, Castrol releases an innovative new video

Tags: BP, Castrol, China, China Lubes Marketing, Lubes marketing

19th April, 2015        

Q3 figures slightly up from most oil majors

The third quarter results for 2014 are mainly neutral or positive, despite falling oil prices, although BP has seen a fall in earnings.

Tags: BP, ConocoPhillips, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Shell, Total

5th November, 2014        

Q2 mainly good for the oil majors

Generally positive news for the oil and additive majors, although Total, Phillips66 buck the trend.

Tags: BP, Chevron, ConocoPhillips, Lubes marketing, Shell, Total

10th August, 2014        

Emerging economies dominate growth in global energy demand

The BP Statistical Review reflects global economics and geopolitical uncertainty.

Tags: base oil, BP, Environment, Lubes tech

7th July, 2014        

BP merges its marine lubricants with Castrol

Castrol will become the sole brand for the BP group’s marine lubricant.

Tags: BP, Castrol, Lubricants, marine, OEM Equipment

24th June, 2014        

Chinese lubes majors feel the pinch

Sinopec and CNPC are under increasing pressure from foreign and domestic oil producers

Tags: BP, Castrol, China Lubes Marketing, CNPC, ExxonMobil, Fuchs, Lubes marketing, Shell, Sinopec

21st May, 2014        

Mixed results as usual in Q1 for majors

There are the usual bag of mixed results for the oil and gas industries in Q1 2014.

Tags: BP, Chevron, ConocoPhillips, Fuchs, Lubes marketing, Phillips 66, Shell, Total

8th May, 2014        

Sinopec to sell stake in marketing operations

Asia's largest refiner will divest a large portion of its downstream marketing business

Tags: BP, China, China Lubes Marketing, ExxonMobil, Lubes marketing, Shell, Sinopec

9th April, 2014        

Q4 results are a mixed bag

Fourth quarter results for oil majors show mixed fortunes in 2013

Tags: BP, ConocoPhillips, ExxonMobil, Lubes marketing, Phillips 66, Shell

4th February, 2014        

Trading oil is a guessing game in China

With limited official information, oil traders are turning to alternative sources for data

Tags: BP, China, China Lubes Marketing, CNPC, Lubes marketing, oil prices, Sinopec

3rd November, 2013        

Q3 results show refining pressure for majors

Mixed results for the world's oil majors with refining margins coming under pressure

Tags: BP, Chevron, ExxonMobil, Fuchs, Lubes marketing, Phillips 66, Total

31st October, 2013        

Dongfeng Castrol unveils new lubes products

A tech-sharing joint venture produces higher quality lubes for China's domestic market

Tags: Afton Chemical, BP, Castrol, Chevron, China, China Lubes Tech, ExxonMobil, Lubes tech, Lubrizol

13th October, 2013        

Veedol to be relaunched in Europe and Asia

Tide Water Oil is preparing to relaunch the Veedol lubricants and hydraulics brand in European and Asian markets

Tags: additives, Asia, BP, Europe, Lubes marketing, Lubricants

2nd September, 2013        

Disappointing Q2 for oil majors

Second quarter results for 2013 prove negative across the board.

Tags: BP, Chevron, ConocoPhillips, ExxonMobil, Lubes marketing, Phillips 66, Shell, Total

5th August, 2013        

PetroChina seeks greater cooperation with Western majors

China major set to join forces with Western counterparts.

Tags: BP, Chevron, China lubes news, ExxonMobil, PetroChina, Shell

24th May, 2013        

Rosneft is officially the world's biggest oil company

Russia's Rosneft has overtaken ExxonMobil to become the world's biggest oil company after sealing the TNK-BP deal.

Tags: Aramco, BP, Corporate News, Lubes marketing, Rosneft, Russia

29th March, 2013        

Iraq to spend $130bn on energy infrastructure as Libya picks up

Iraq will spend $130bn on developing the country's upstream sector, while Libya's output has also risen as a result of local and inward investment.

Tags: BP, Lubes marketing, Lubes news, Middle East

21st March, 2013        

Oil majors report varied results for Q4

Fourth quarter results for 2012 showed a mixed bag from the likes of BP, ExxonMobil, Shell and Chevron

Tags: BP, Chevron, ExxonMobil, Lubes marketing, Phillips 66, Shell, Total

18th February, 2013        

Iraqi Kurdish region's oil exports continue

Despite Baghdad's opposition, Genel Energy continues Kurdish oil exports, while BP may have approval for exploration takeover.

Tags: Asia, BP, Chevron, Environment and Regulatory watch, Europe, ExxonMobil, Middle East

28th January, 2013        

Terrorist attack in Algeria - details still sketchy

Details of the siege at the In Amenas gas facility are still being investigated after 37 overseas employees, including senior execs were killed.

Tags: Africa, BP, Corporate News, Europe, Gazprom, North America, Statoil

24th January, 2013        

Transocean pays for its part in Gulf Spill

Deepwater Horizon operator pleads guilty and pays the price for its part in the Gulf disaster

Tags: BP, Corporate News, North America

4th January, 2013        

Biggest commercial research computer ever

BP building largest commercial research computer

Tags: BP, innovation, North America

8th December, 2012        

Taqa will buy BP package

BP to sell package to Taqa

Tags: BP, Corporate News, Europe, Middle East

8th December, 2012        

Rail is new pipeline

Rail is the new pipeline to help the Western states keep up with the US oil production boom

Tags: BP, Lubes news, N America

4th December, 2012        

BP agrees US legal settlement

BP has agreed a settlement with the US Department of Justice over the Deepwater Horizon disaster.

Tags: BP, Environment and Regulatory watch, Europe, N America

16th November, 2012        

BP ahead of the rest in Q3

BP defied the analysts with strong Q3 results as most of the other oil majors see poor performance.

Tags: BP, Chevron, ConocoPhillips, Corporate News, Shell, Total

8th November, 2012        

Rosneft gets BP but no more

Russian deal for TNK-BP may be Rosneft's last major bid.

Tags: BP, Rosneft, Russia

8th November, 2012        

BP sells Malaysian interests

BP is set to dispose of its PTA operations to its Malaysian plant owner.

Tags: additives, Asia, BP, Corporate News

10th October, 2012        

BP collaborates on Parnaiba research

BP is working with a number of universities to examine the evolution of one of Brazil's most valuable geological areas.

Tags: BP, Brazil, Europe, innovation

9th October, 2012        

Paralympics a London triumph

The largest Paralympic Games ever held delivers triumph of impaired elite sport and inspires a generation.

Tags: And finally, BMW, BP, Europe

12th September, 2012        

BP sells Gulf assets

BP is continuing towards its $38bn asset sales target with the latest disposal of Gulf fields.

Tags: BP, Corporate News, North America

11th September, 2012        

BP takes biggest hit and sells Carson as majors slump in Q2

Oil majors show drop in Q2 profits with BP the hardest hit, while its asset sale continues with the Carson Refinery.

Tags: BP, Chevron, ConocoPhillips, Corporate News, ExxonMobil, Shell

15th August, 2012        

BP biofuels rise to Olympic-sized challenge

BP provides a range of biofuels, including the highest-ever octane for the London 2012 Olympics.

Tags: bio fuels, BMW, BP, Castrol, Europe, innovation

14th August, 2012        

BP and ExxonMobil profits drop in Q1

Downstream business struggles as BP finds trading hard going while ExxonMobil has the opposite experience.

Tags: BP, Corporate News, ExxonMobil

2nd May, 2012        

Ford reveals new EcoBoost lubes spec

Ford increased awareness of its new 'bespoke' lubes standard for its EcoBoost engine.

Tags: automotive industry, BP, Castrol, Europe, Ford, innovation

8th March, 2012        

Russia to establish new sustainability centre

A new centre to enhance Russian Oil industry sustainability and efficiency has been approved.

Tags: BP, Environment and Regulatory watch, Europe, Russia

5th March, 2012        

BP settles majority of Deepwater claims

BP has agreed a multi-billion dollar out of court settlement for claims relating to the Deepwater Horizon disaster.

Tags: BP, Environment and Regulatory watch, North America

5th March, 2012        

BP plant stays idle into April

BP's Cherry Point refinery, one of the largest West Coast refineries, will remain idle until April after a fire

Tags: BP, Lubes news, North America

1st March, 2012        

Busy time for BP as numbers show strength

BP delivered a strong finish to 2011 and is set to sell Global LPG bottling assets and US natural gas processing operations in Kansas.

Tags: Africa, Asia, BP, China, Corporate News, Europe, North America

1st March, 2012        

BP gets go-ahead for deepwater gas exploration

BP and CNOOC are set to collaborate on South China sea drilling.

Tags: BP, China, China lubes news, CNOOC, Lubes news

23rd February, 2012        

China oil demand forecasts for 2012 lowered

IEA lowers short-term estimates but China still on target to lead world oil consumption.

Tags: BP, China, Forecasts, Lubes news

20th January, 2012        

Sinopec delivers first Middle-Eastern fuel cargo

BP joint venture gives China supplier its first bunker fuel sale.

Tags: BP, China, China lubes news, marine, Middle East, Sinopec

19th January, 2012        

Training is order of the day in Nigeria and Abu Dhabi

Airline maintenance staff and auto technicians are the latest beneficiaries of training programmes by lubes producers.

Tags: Africa, automotive industry, Aviation, BP, Lubrizol, Middle East

9th January, 2012        

TNK_BP to invest in Arctic pipeline

UK-Russian conglomerate set to boost oilfield and export infrastructure from Yamal region.

Tags: BP, Lubes news, Russia

23rd December, 2011        

BP to sell Canadian NGL operations

BP is set to divest its Natural Gas Liquids operations to a Canadian operator

Tags: BP, Corporate News, N America

7th December, 2011        

BP Argentine deal collapses

The proposed sale of Pan American Energy to Bridas falls through and BP looks no further.

Tags: BP, CNOOC, Corporate News, S America

14th November, 2011        

New Dreamliner flies with BP's lubes

Boeing's new 787 took to the skies on its first commercial flight with BP lubricants on board.

Tags: Asia, Aviation, BP, innovation

4th November, 2011        

BP 'turning point' as asset sales increase

BP is extending its asset sales targets after announcing strong Q3 figures

Tags: BP, Corporate News

3rd November, 2011        

BP CNOOC Argentine deal at risk of collapse

CNOOC's purchase of Pan American Energy may fold for political reasons.

Tags: BP, China, China lubes news, CNOOC, S America

19th October, 2011        

BP and partners massive investment in North Sea

BP commits to largest North Sea investment along with key partners to keep oil flowing.

Tags: BP, Chevron, ConocoPhillips, Europe, Lubes news, Shell

14th October, 2011        

BP stands firm on Iraq but coy on Macondo

BP says it won't negotiate on Rumaila Field contracts and is shy on Macondo legal deal.

Tags: BP, Corporate News, Middle East, North America

6th October, 2011        

BP buys Brazil biofuel share

BP is to take complete ownership of joint venture ethanol operation Tropical BioEnergia.

Tags: bio fuels, BP, Brazil, S America

3rd October, 2011        

United set for buying spree

Cash-rich United Energy Group is on the lookout for potential purchases worldwide.

Tags: Asia, BP, China, Corporate News

14th September, 2011        

TNK-BP bid for Polish refinery

The joint Russian-UK company has applied to buy a stake in Lotos.

Tags: BP, Corporate News, Europe, Russia

22nd August, 2011        

UK set to invest in India after BP block purchase approved

The British Government has pledged to make significant investments in Indian commerce, helped by recent BP purchase approval.

Tags: BP, Europe, India, Lubes news

4th August, 2011        

BP recovery continues

BP's profits continue to rise as the company recovers from last year's Gulf spill.

Tags: BP, Corporate News, Forecasts

27th July, 2011        

Puma is new name in Zambia

Puma Energy launches Zambia division.

Tags: Africa, BP, Corporate News

11th July, 2011        

BP publishes 2011 Statistical Review

BP World Energy Review shows energy consumption rebounding with China overtaking the US as the world's largest consumer.

Tags: BP, Environment and Regulatory watch, Environment, regulatory and standards, oil prices

10th June, 2011        

View from the Bridge - Bulletin 125 (June 2011)

China surpasses US oil consumption; the world reaches 'grid parity'; recession dogs world economies while the virtual world beckons for lubes marketeers.

Tags: BP, View from the Bridge

10th June, 2011        

BP Sells Wytch Farm

BP sells its UK inshore operation to UK based Perenco.

Tags: BP, Corporate News, Europe

23rd May, 2011        

BP admits defeat in Rosneft deal

BP's Rosneft deal fails after the companies and AAR are unable to strike a deal over TNK-BP.

Tags: BP, Corporate News, Europe, Rosneft, Russia

18th May, 2011        

Good start to 2011 for oil majors

Q1 results from Shell and Exxon show a good start to 2011 as does BP and it's Russian subsidiary TNK-BP

Tags: BP, China, Corporate News, Europe, ExxonMobil, N America, Russia, Shell

28th April, 2011        

Mixed news for BP on Gulf fish

A positive report on oil contamination of fish countered by oyster communities in the gulf

Tags: BP, Environment and Regulatory watch, N America

15th April, 2011        

Bumpy ride for BP from AGM and Rosneft deal

BP is facing more turbulent waters with a stormy AGM in London and a touch-and-go deal in Russia.

Tags: BP, Europe, Rosneft, Russia

14th April, 2011        

Relief on false patents threat

A potential multi-million dollar legal loophole appears to have been closed on false patent claims

Tags: BP, Environment and Regulatory watch, Lubricants, North America

31st March, 2011        

BP looking for buyer of UK assets

BP is hoping to sell a number of UK onshore and offshore oil and gas fields.

Tags: BP, Corporate News, Europe

2nd March, 2011        

BP to sell Duckhams and Veedol brands

BP is looking for a buyer for it's historic Duckhams and Veedol brands.

Tags: BP, Corporate News, Europe, Lubricants

2nd March, 2011        

BP shows 2010 loss but restarts dividends

BP's latest figures showed a loss as a result of the Gulf oil spill, but has re-started dividend payments to shareholders.

Tags: BP, Corporate News

1st February, 2011        

BP to sell Upstream in Pakistan

BP is set to offload its Pakistan upstream operations to United Energy Group.

Tags: Asia, BP, Corporate News

20th December, 2010        

BP to sell in Africa; Chevron in Caribbean

BP is to sell five of its African marketing businesses, while Chevron sells marketing and aviation in the Caribbean and Central America.

Tags: Africa, Aviation, BP, Chevron, Corporate News

24th November, 2010        

BP pledges Gulf collateral as end of moratorium may be in sight

BP has placed assets in Gulf royalties to support the new Deepwater Horizon Trust as one Senator believes an end to the drilling moratorium may be in sight.

Tags: BP, Environment and Regulatory watch, North America

6th October, 2010        

Shell leads global lubes market again.

Shell have topped the global finished lubes market for the fourth consecutive year according to Kline.

Tags: BP, Corporate News, ExxonMobil, Lubes news, Shell

27th September, 2010        

No single fault to blame for Deepwater Horizon disaster

BP releases own investigation and finds a number of factors caused the Gulf of Mexico explosion and oil spill

Tags: BP, Environment and Regulatory watch, N America

8th September, 2010        

BP wins spill battle but loses CEO

BP appears to have sealed the Macondo oil well in the Gulf of Mexico, but the distaster has cost the company it's CEO, Bob Hayward.

Tags: BP, Corporate News, Europe, N America

13th August, 2010        

BP finally caps well

BP appears to have successfully capped the leaking Horizon Deepwater well, although the move is temporary until relief wells can be completed.

Tags: BP, Environment and Regulatory watch, North America

17th July, 2010        

Obama moratorium overturned as BP costs rise

A federal judge has overturned US the US President's moratorium on offshore drilling, while BP's costs exceed $2.3bn

Tags: BP, Environment and Regulatory watch, N America

25th June, 2010        

View From The Bridge - Bulletin 114 (Jun 10)

The Deepwater Horizon tragedy continues to dominate the industry. But what are the long-term implications for the industry and society as a whole?

Tags: BP, View from the Bridge

7th June, 2010        

Update on Horizon disaster

BP are seeking new options to stem the flow of oil from the Gulf of Mexico seabed after the Deepwater Horizon explosion last month.

Tags: BP, Environment and Regulatory watch, North America

1st June, 2010        

Majors see strong Q1

The major oil producers have reported a strong start to 2010 with significant improvements in Q1 earnings

Tags: BP, Chevron, ConocoPhillips, Corporate News, ExxonMobil, Shell

5th May, 2010        

Transocean/BPHorizon oil spill tragedy

Transocean/BP's Deepwater Horizon explodes leaving a massive effort to rescue the US coastline from major pollution

Tags: BP, Environment and Regulatory watch, North America

4th May, 2010        

Corporate news - Bulletin 112 (Apr 10)

Aramco expands its Yanbu refinery; Shell and BP consolidate in Africa; Chevron contracts but expands in Sri Lanka; better news for Fuchs; Ford sells Volvo to China; Renault-Nissan join forces with Daimler; and Afton buys Polartech.

Tags: Africa, Afton Chemicals, Aramco, Asia, automotive industry, BP, Chevron, Europe, Ford, Fuchs, Helix, Nissan, Renault, S America, Shell, Volvo

1st April, 2010        

Upstream News - Bulletin 106 (Oct 09)

US base oil and Opec production falls; BP find strength in depth; Libya has a new oil minister and China talks to Uganda.

Tags: BP, oil prices, OPEC

3rd October, 2009        

Corporate News - Bulletin 104 (Jul 09)

This month, BP appoint a new Chairman and sells its Greek fuels business; Fuchs go hunting for new acquisitions; Total suffer in the Middle East; and Taiwan CPC consider a new lubricants plant.

Tags: BP, Lubricants, Total

13th July, 2009        

Sector Reports

A fascinating review of the European auto industry, BP's World Energy Review, Pike on biofuels and US nano policies are just a sample of the reports available this month.

Tags: automotive industry, BP

13th July, 2009        


Looking for more information about OATS products and services?

FREE lubes bulletin

Subscribe to the OATS Bulletin: a streamlined look at the month's lubricants and additives news.

First name
Last name

We will never pass your details to anyone else.
Privacy policy...