The state-owned oil company of the United Arab Emirates (UAE) is looking to engage with US shale operators to help it develop its unconventional oil resources, according to a report from Reuters quoting Continue reading UAE looks to US shale producers
Author: Richard
US oil production to fall less than expected
The US Energy Information Administration (EIA) has revised its forecast for average production of crude oil in the US. Instead of dropping by 240,000 barrels per day (bpd), which it previously forecasted, it will drop by just Continue reading US oil production to fall less than expected
What does the term “viscosity index” mean for lubricants?
The viscosity of any form of lubricant will have a serious influence on not just the performance of your machinery, but its lifespan too. By choosing a lubricant with the right viscosity index (VI) for a specific application, companies can reduce Continue reading What does the term “viscosity index” mean for lubricants?
Saudi Arabia to cut oil production
The latest meeting of the OPEC+ group ended with a surprise twist – Saudi Arabia will cut its oil production to allow Russia to make modest Continue reading Saudi Arabia to cut oil production
Exploring Castrol lubrication
A British-based brand of lubricants serving both automotive needs and industrial sectors, Castrol has now become a household name, synonymous with premium performance and dependability. Today, Castrol manufactures an extensive and diverse range of greases and oils, along with many other Continue reading Exploring Castrol lubrication
Toyota plays down electric vehicles
Akio Toyoda, the president of leading Japanese automobile maker Toyota, has warned against overhyping electric vehicles (EVs), citing that large-scale adoption could place too much strain on electricity grids and actually increase Continue reading Toyota plays down electric vehicles
Shell writes down oil and gas assets
Anglo-Dutch oil major Royal Dutch Shell has announced its intention to write down its oil and gas assets by $3.5 billion as it adapts to a new Continue reading Shell writes down oil and gas assets
Exploring engine oil and its role
Changing the oil used in your engine regularly is crucial to keeping it operating efficiently. The key purpose of engine oil is to ensure any internal components keep cool and can move freely. Without effective lubrication, these individual parts move far less smoothly, grinding against one another, resulting in Continue reading Exploring engine oil and its role
Shell backs hydrogen plane start-up
Anglo-Dutch oil major Royal Dutch Shell has lent its backing to California-based start-up ZeroAvia, which aims to develop Continue reading Shell backs hydrogen plane start-up
Norway to end oil production cuts
The largest oil producer in Western Europe, Norway, has announced it will end its government-imposed cuts at the end of Continue reading Norway to end oil production cuts