Speaking to Bloomberg, American entrepreneur and shale oil pioneer Harold Hamm has said that overly optimistic forecasts for US oil Continue reading Shale billionaire points to overly optimistic US production growth
The right automatic transmission fluid (ATF) is essential to the smooth running of an automatic vehicle, but why?
It’s actually one of Continue reading What makes automatic transmission fluid special?
Academic research from Edinburgh University has concluded that the UK’s oil industry is now entering its last decade of production. Of the Continue reading New study claims North Sea oil production is entering its final decade
The International Energy Agency (IEA) has confidently expressed that it believes the global demand for oil is growing as the OPEC-led production cuts hold up.
Figures for August showed that Continue reading IEA says oil demand increasing as production cuts bite
The Russian Finance Ministry has announced that it has reached an agreement with ExxonMobil over a $600m tax dispute from 2015. At the time, Rex Tillerson was still CEO before leaving to join the Trump administration as Continue reading Russian government and ExxonMobil settle long-running tax dispute
The UK Government has held its reverse auction for energy production subsidies, and offshore wind power has come in cheaper than Continue reading Offshore wind power now cheaper than nuclear
US oil output fell from 9.5 million bpd (barrels per day) to 8.8 million bpd as Hurricane Harvey hit the gulf coast last month, according to Continue reading Hurricanes hit US oil output and demand
A new report entitled ‘Global Food Grade Lubricants Market’ has been released.
Researchers working at Purdue University at West Lafayette, Indiana in the USA have developed a new dry lubricant that promises to Continue reading Purdue researchers announce new solid lubricant
A video has been released to celebrate the innovative SEA-Mate® Blending-on-Board (BOB) lubrication system created Continue reading Logistics company releases new lubrication video