Labour pledges 37 new wind farms
18/10/2019 by Richard
Labour Party leader Jeremy Corbyn has pledged a green industrial revolution with wind power leading the way. He said a future Labour government would create 37 new wind farms over 10 years, creating 67,000 jobs…
Mill halves bearing failures by switching lubricant
15/10/2019 by OilStoreAdministrator
Switching to Mobil Vacuoline 525, a circulating system oil, paid off for one Turkish steel mill in terms of prolonging the lifespan of the bearings in its monoblock rolling mill. The operator of the
ExxonMobil launches suite of new EV lubricants
12/10/2019 by Richard
ExxonMobil has responded to the rising popularity of electric vehicles (EVs) by launching a new range of lubricants specially developed to
Yorkshire coast to see world’s largest turbines
09/10/2019 by OilStoreAdministrator
Dogger Bank, some 80 miles or so off the Yorkshire coast, is to host the biggest wind turbines the world has yet seen on what will
GE approves Mobil lubricant
06/10/2019 by Richard
Wind turbine maker GE has officially endorsed the use of Mobil SHC Gear 320 WT in all its wind turbines, including all those currently operating. GE tested the oil, which is
ExxonMobil to sell upstream Norway assets for $4.5bn
03/10/2019 by Mark
Oil major ExxonMobil has announced that it has signed an agreement to sell its non-operated Norwegian upstream assets. Under the
Saudi Aramco expects full production again soon
30/09/2019 by Richard
Saudi Aramco, the state-owned oil company of Saudi Arabia, says it expects to restore full production levels by the end of September. Two oil facilities at
Offshore wind power rights to be sold by the Crown Estate
27/09/2019 by OilStoreAdministrator
For the first time in a decade, the Crown Estate, which is managed semi-independently on behalf of the monarch and the government, has launched an initial bidding round for the rights to build offshore
ExxonMobil strikes oil again offshore of Guyana
24/09/2019 by Richard
Oil major ExxonMobil has made yet another discovery in the waters offshore of Guyana in South America, the 14th so far. The find was made in
East Anglia One wind farm produces first electricity
21/09/2019 by Richard
The East Anglia One offshore wind farm recently passed a milestone, as the first in a set of 102 planned wind turbines came
New Saudi energy minister signals deal to stay
18/09/2019 by Mark
The new energy minister of Saudi Arabia, Prince Abdulaziz bin Salman, has signalled that the production-limiting deal between OPEC and
ExxonMobil to negotiate sale of assets in Norway
15/09/2019 by OilStoreAdministrator
ExxonMobil is in exclusive talks with Vår Energi about the sale of its remaining oil and gas assets in Norwegian waters. The