Valvoline publishes CSR report for 2020
02/08/2021 by OilStoreAdministrator
US-based Valvoline has published its 2020 Corporate Social Responsibility (CSR) report, which details how well the company performed last year in aspects of sustainability, citizenship, diversity, inclusion and
Exxon Mobil recruits new female top-level executive
30/07/2021 by OilStoreAdministrator
Exxon Mobil has appointed Kathyrn Mikells as its new Chief Financial Officer, making her the first top-level executive to be recruited externally, as well as the first female one.
Shell to appeal climate change ruling
26/07/2021 by Richard
Anglo-Dutch energy company and lubricant maker Shell has announced its intention to appeal a decision by a Dutch court that requires it to cut its carbon emissions sooner than
HollyFrontier to showcase lubricants at Las Vegas
22/07/2021 by Mark
HollyFrontier Lubricants & Specialties is to showcase its range of Petro-Canada greases and oils at MINExpo International, which is to be held in
Morris recruits heritage railway engineer
20/07/2021 by Richard
The Shrewsbury-based Morris Lubricants has a new Heritage Account Manager – Simon Holroyd, who has worked on a number of heritage railway projects.
Drain intervals could be extended for high-speed engines
18/07/2021 by OilStoreAdministrator
Data from lubricant maker Mobil reveals that some operators may be unnecessarily changing the oil in the engines of their high-speed marine vessels, which in turn increases their costs for lubricant supplies, routine maintenance and
Brazil to become world’s fifth-largest oil exporter
16/07/2021 by Mark
According to Bento Albuquerque, the Brazilian Mines and Energy Minister, Brazil is set to become the world’s fifth-largest exporter of oil by
Higher prices may trigger increase in US oil production
14/07/2021 by Richard
According to the latest short-term outlook from the US Energy Information Administration (EIA), US oil production may start to regain some of its recent losses if oil prices continue
Shell agrees to buy BP’s stake in North Sea field
30/06/2021 by Mark
BP has agreed to sell its stake in the Shearwater gas hub in the North Sea to Shell.
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
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