TotalEnergies renews and extends automobile partnership
28/06/2021 by OilStoreAdministrator
Broad energy company TotalEnergies, the new brand for oil major Total, has announced it has renewed its partnership with multinational automotive manufacturer Stellantis for the Citroën, Peugeot and DS Automobiles brands, as well as having…
Selecting the correct oil type for your air compressor
27/06/2021 by Mark
In the same way that vehicles need a specific grade and type of oil to deliver maximum performance, so do dedicated air compressors. Utilising the right kind of oil in your air compressor will have…
Compressor oil market to be fuelled by emerging economies
26/06/2021 by Richard
The global market for compressor oil is set to grow at a CAGR of 4.6% over the next decade, with it being worth an expected $26.7 billion this year, according to a new report from
A beginner’s guide to car engine oil
25/06/2021 by OilStoreAdministrator
Oil is the lifeblood that keeps cars running, but unlike our bodies, which can purify blood and create all-new blood cells, a car requires its oil changing over regularly. Having insufficient oil levels in your…
BP contemplates spinning off Iraq assets
24/06/2021 by Mark
The Wall Street Journal has reported sources as saying that the oil giant BP is considering spinning off its operations in Iraq into a new company that will distribute profits through dividends and
IEA calls for greater oil production
22/06/2021 by Richard
The Paris-based International Energy Agency (IEA) has called for the OPEC+ group to begin pumping more oil in order to ensure the world’s energy demands are met as it
Shell considers $10 billion Permian exit
20/06/2021 by OilStoreAdministrator
Reuters has reported that oil and lubricant producer Shell is considering selling a portion or all of its assets in the Permian Basin, an area that has provided much of the oil and gas production…
Q8 and INNIO launch innovative lubricant for gas engines
18/06/2021 by Mark
INNIO Jenbacher, a producer of stationary gas engines, and the lubricant division of Kuwait-based Q8, have come together to develop and launch a new lubricant for gas engines that run on fuels other than
Shell to accelerate emission cuts
16/06/2021 by Richard
Following a recent court ruling in the Netherlands, CEO Ben van Beurden has written in a LinkedIn post that Shell will step up its efforts to reduce emissions.
BP CEO sees demand for oil growing
14/06/2021 by OilStoreAdministrator
Bernard Looney, the Chief Executive of BP, has said that he expects a strong and long-lasting recovery in the demand for crude oil, combined with continued restraint from
Shell chair chosen to lead innovation agency
12/06/2021 by Mark
Sir Andrew Mackenzie, who is currently the company chair of Shell, has been selected as the favoured candidate to lead the UK Research and Innovation (UKRI) agency. If his appointment is confirmed by the House…
Shell recruits new partner for hydrogen project
10/06/2021 by Richard
The Anglo-Dutch energy company Shell has contracted Worley, an Australian engineering company, to support its development of a new