Russian government and ExxonMobil settle long-running tax dispute

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 (more…)

Offshore wind power now cheaper than nuclear

The UK Government has held its reverse auction for energy production subsidies, and offshore wind power has come in cheaper than (more…)

Hurricanes hit US oil output and demand

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 (more…)

Report forecasts global food grade lubricants market for next five years

A new report entitled ‘Global Food Grade Lubricants Market’ has been released.

The study delves into (more…)

Purdue researchers announce new solid lubricant

Researchers working at Purdue University at West Lafayette, Indiana in the USA have developed a new dry lubricant that promises to (more…)

Logistics company releases new lubrication video

A video has been released to celebrate the innovative SEA-Mate® Blending-on-Board (BOB) lubrication system created (more…)

ExxonMobil introduces a new series of gas engine oils

ExxonMobil has launched its new Pegasus 1100 series of oils to keep pace with recent developments in gas engines.

This next-generation series was (more…)

How Mobil stockists can make the most of your lube room

If you’ve recently established a lube room, or if you already have one but suspect it could be improved, here are a (more…)