TotalEnergies signs investment deal with Iraq
12/09/2021 by Richard
The France-based company TotalEnergies has signed a contract with Iraq for investment in solar, gas, and oil production, as well as
Shell Starship 2.0 sets new standard
10/09/2021 by OilStoreAdministrator
The latest incarnation of Shell’s ultra-efficient concept tractor-trailer, Starship 2.0, has set a new record for
OPEC+ confirms October production increase
08/09/2021 by Mark
Representatives from the OPEC+ group of oil-producing countries have agreed in a virtual meeting to proceed with plans to increase their total production by 400,000 barrels
Shell commits to gas project
06/09/2021 by Richard
Sarawak Shell Berhad (SSB), a subsidiary of Shell, has made a final investment decision to develop the Timi sweet gas field, which is about 120 miles from the coast of the Malaysian state of Sarawak.…
What are the advantages of choosing the correct lubricant viscosity?
05/09/2021 by OilStoreAdministrator
For most modern enterprises operating today, energy efficiency is a key issue to cut down running costs and to reach environmental targets. While many businesses believe that environmental concerns and finances are issues often in…
Hurricane Ida hits Gulf of Mexico production
04/09/2021 by Mark
Oil and gas producers in the Gulf of Mexico shut in much of their production in advance of the arrival of Hurricane Ida, resulting in a 91% drop in crude oil production and an 84.87%…
Improving the way your firm handles cutting fluids
03/09/2021 by Richard
There are many benefits to be gained from streamlining how cutting fluids are handled onsite, including reducing unplanned mechanical stoppages and a longer lifespan for equipment. Read on for some useful points to consider that…
Shell and Bently Nevada launch VitalyX for marine sector
02/09/2021 by Mark
Bently Nevada, which specialises in condition monitoring and asset protection, has announced the availability of VitalyX to the
How to protect vehicles and equipment from wet weather
01/09/2021 by OilStoreAdministrator
Summer 2021 has seen many parts of the UK experiencing significant rainfall, from showers and storms to heavy downpours, resulting in flooding for both urban and rural areas, and the roads that connect them. This…
What is the purpose of transformer oil?
31/08/2021 by Mark
The oil utilised within a transformer is an important element that enables equipment users to check a unit’s physical condition. Today, mineral-based oils like transformer oil are frequently employed in a wide variety of different…
Oil majors look to start-ups for low-carbon future
30/08/2021 by Richard
Royal Dutch Shell and BP, among other large oil companies, are reportedly expanding their venture capital divisions as they seek to ensure profitability while navigating the energy transition. More staff are being taken on, budgets…
What are the properties of air compressor oil?
29/08/2021 by OilStoreAdministrator
To operate correctly and efficiently, dedicated air compressor motors need to be lubricated with built-for-purpose air compressor oils. The main purpose of this specialised oil is to reduce the friction occurring between different components as…