BP buys stake in green fuel company
12/02/2022 by Mark
Energy company BP, the maker of industrial lubricants like the Castrol Aircol range of compressor oil, has acquired a stake of 30% in the UK’s largest producer of
IPRC suggests UK-wide strategy to promote manufacturing
12/02/2022 by Mark
Following the UK Government’s whitepaper on levelling up, the Industrial Policy Research Centre (IPRC) has called for a UK-wide manufacturing strategy to safeguard the sector and to
Chevron and ExxonMobil to boost Permian output
10/02/2022 by Richard
US-based oil majors ExxonMobil and Chevron have both announced plans to significantly ramp up oil production from their Permian Basin assets, indicating that the region could be returning to growth after a period of
TotalEnergies partners with Veolia for biomethane production
09/02/2022 by greg
Energy company TotalEnergies is to work with Veolia, a fellow French company specialising in energy and waste management, to establish terawatt-scale production
OPEC+ sticks with planned production increase
08/02/2022 by OilStoreAdministrator
In a 16-minute meeting, the shortest in its history, the OPEC+ group approved the next planned collective production increase of 400,000 barrels per day (bpd) of crude oil, defying some analysts’ expectation of a greater…
Chevron launches new post-purchase vendor programme
06/02/2022 by Katie
US-based oil major Chevron has announced a new Keep Clean Preferred Vendor programme to allow its customers to get the best results from their
ExxonMobil to move headquarters amid restructure
06/02/2022 by Mark
US-based major ExxonMobil has announced that it will move its headquarters from the Dallas, Texas suburb of Irving to its Houston campus as part of its
What advantages can a synthetic air compressor oil offer?
05/02/2022 by Richard
Air compressor oil can be bought in two different types, synthetic and standard, and each has characteristics that distinguish them. A standard air compressor oil uses a mineral oil as its base. Typically, it is…
Chevron sees best profits since 2014
04/02/2022 by Mark
US oil major Chevron showed how the industry has turned a corner by posting yearly profits of $15.6bn (£11.55bn) for 2021.
SMMT predicts rebound in UK car production
03/02/2022 by Mark
After a poor year for the UK automotive industry, the Society of Motor Manufacturers and Traders (SMMT) says there is room for
What is STOU agricultural oil?
03/02/2022 by Mark
Super Tractor Oil Universal, or STOU for short, is a multi-purpose agricultural oil. A universal product, it can be used by agricultural operations in an extensive range of different applications in vehicles designed for heavy-duty…
Shell begins green hydrogen production in China
02/02/2022 by Mark
Energy giant Shell has started producing green hydrogen at one of the world’s biggest electrolysers in China, with it supplying about half the hydrogen needed to power the fuel cell vehicles during this month’s sporting…