US set to become world’s top oil exporter
09/05/2018 by OilStoreAdministrator
It has already been predicted that the US will soon become the world’s top oil producer, but the country is also the world’s largest consumer of oil. This situation has meant it has generally been…
Profits rise at ExxonMobil
06/05/2018 by Richard
ExxonMobil, the energy giant behind Mobil UK distributors, showed a 16% year-on-year rise in profits after posting its first-quarter earnings. The company’s share price dipped slightly, though, amid perceptions that the profit rise had not…
ExxonMobil looks for quick output from Guyana
03/05/2018 by Mark
ExxonMobil is looking for a quick return on its investment in the tiny South American country of Guyana amid claims from the IMF that its contract was “favourable” to the oil giant. ExxonMobil, which in…
What ExxonMobil learned from analysing oil samples
02/05/2018 by Richard
Any good maintenance strategy should consider using used oil analysis (UOA), so operators can make informed decisions about when to make costly interventions such as
Chevron tells executives to leave Venezuela after arrests
30/04/2018 by Mark
Following the arrests of two of its workers over a contractual dispute, Reuters reports sources saying that Chevron has evacuated its executives from Venezuela. Other workers have also been instructed to stay away from its…
ExxonMobil demonstrates Mobilgrease 33 at MRO Americas 2018
27/04/2018 by OilStoreAdministrator
A new video has been published showing a demonstration by ExxonMobil, the oil major that makes lubricants for Mobil UK stockists, from the exhibition floor of MRO Americas 2018, a leading event for the aviation…
Using bypass filtration to extend machine life
26/04/2018 by Mark
When you order a high-performance hydraulic lubricant like Mobil DTE 25, you can be sure you’re doing the best for your machinery, but no lubricant lasts forever, especially when
European spending on wind power up 9%
24/04/2018 by OilStoreAdministrator
Investments in wind power across Europe jumped 9% to a total of €51.2 billion in 2017 according to the Financing and investment trends report from WindEurope. It should be noted that
World's most powerful wind turbine completed off Scottish coast
21/04/2018 by Richard
In a new first for Scottish wind power, the world’s most powerful wind turbine has been successfully set up off the coast of Aberdeen. The developers, Vattenfall, claim that a single rotation of the 8.8…
Venezuela’s oil production continues drop
18/04/2018 by OilStoreAdministrator
Venezuela’s problem-stricken oil industry suffered a new blow as the country reported a fresh drop in production to OPEC
Energy expert thinks rising US oil exports could reverse crude's rally
15/04/2018 by OilStoreAdministrator
Speaking in an interview with CNBC, energy expert Tom Kloza, co-founder of the Oil Price Information Service, said that the record US crude oil exports could potentially unbalance the global oil markets. Kloza
Scottish wind power makes great start to year
12/04/2018 by Mark
Figures for the first quarter show that Scottish onshore wind turbines generated 44% more electricity than the same quarter last year, which was also a record-breaking period at the time. The data from WWF Scotland…