Report finds UK petroleum reserves could last another two decades
06/11/2017 by Richard
A new report from the Oil & Gas Authority (OGA) has estimated the UK’s proven and probable oil and gas reserves at 5.7bn barrels of
How the oil companies behind your Mobil UK distributor are reducing their environmental impact
02/11/2017 by Mark
While advancements in renewable energy are helping to reduce our dependency on fossil fuels, oil and gas are not going anywhere soon. We still need petroleum products to fuel aviation and most of the transport…
Russia set to raise output in 2018 if no pact extension
30/10/2017 by Richard
Russian Energy Minister Alexander Novak has said that should the deal between OPEC and its non-OPEC partners not be extended, it expects to increase oil production by 3.5 to 4 million tonnes
Industry players believe US shale production yet to peak
27/10/2017 by Mark
A number of delegates at London’s Oil & Money conference have expressed the opinion that the US shale production rebound has not peaked yet, and high production levels will continue for years to come. Most…
How can your Mobil stockist help prevent equipment failure?
27/10/2017 by Mark
More and more engineers are recognising the problem of lubrication-related equipment failures, yet many managers still underestimate the importance of adequate lubrication. You can of course take steps to improve your lubrication practices, such as…
World’s first floating windfarm now online
24/10/2017 by OilStoreAdministrator
The Hywind project has recently come online off the coast of Aberdeenshire, potentially providing sufficient power for over 20,000 properties.
Microsoft strikes deal with GE to buy windfarm power
21/10/2017 by Richard
In a deal with General Electric (GE), Microsoft has committed itself to buying all the power from the new Tullahennel windfarm, which is currently being built in County Kerry, Ireland. The electricity will be
Spectro Scientific announces new software and companion kits
18/10/2017 by Mark
Version 11 of the software for the MicroLab oil analysis system has been announced by Spectro Scientific, in addition to the release of some new companion kits. The new software features an
US rig count falling but production still rising
15/10/2017 by OilStoreAdministrator
In a sign that the US shale boom may be running out of steam, the US rig count dropped by four in the week ending October 6. There are now 936 oil and
Shell seeks new investors for billion-pound windfarms
12/10/2017 by Richard
The Independent reports unnamed sources as saying that Shell and its partners, Mitsubishi and Dutch energy company Eneco, are seeking to
Libyan oil production set to rise
09/10/2017 by Mark
Bloomberg reports an unidentified source as saying that oil production is set to recover in Libya as its Sharara field restarts. Production was
Renewables generate almost a third of UK electricity
06/10/2017 by OilStoreAdministrator
A government statement has revealed that renewable energy has reached a new record by generating 29.8% of the UK’s total electricity in the