Tag: Statoil

Chemical, Conventional Fuels

Major oil companies experiment with technology to weather crisis

October 17, 2016


Oil majors including Statoil, Shell and Chevron are experimenting with various technologies, from drones and drill design to data management, to drive down costs and weather a deep downturn. Crude prices have more than halved since mid-2014, forcing companies to […]

News and Policies, World

Oil Giants Pile Into “New Energies”

May 18, 2016

Via: Energy Collective

The last two weeks have seen two Big Oil firms move into energy storage as continuing low prices for crude force petroleum sector players to diversify. On Monday 9 May French oil giant Total announced a friendly takeover of Saft […]