Chinese oil imports up 25% in July
14/08/2020 by Richard
According to official customs data reported by Reuters, the amount of crude oil imported into China in July – although slightly down on June’s record figure – was up 25% compared with
What is spindle oil used for?
13/08/2020 by OilStoreAdministrator
Specially designed with anti-wearing properties, spindle oil has been created for lubricating high-speed spindle bearings used in
BP publishes its net-zero strategy
12/08/2020 by Mark
BP has recently published its strategy for fulfilling its commitment to becoming a net-zero emissions integrated energy company by 2050, signalling a shift away from
The multiple benefits of using hydraulic oil
11/08/2020 by Richard
A non-compressible fluid, hydraulic oil is used for transferring power inside hydraulic equipment. While typically hydraulic oil is employed for this purpose alone, it can also perform many other useful functions, including
Shell agrees to charter six new ultra-efficient LNG carriers
10/08/2020 by OilStoreAdministrator
Oil major Royal Dutch Shell has agreed to charter six 174,000-cubic-metre liquefied natural gas (LNG) carriers after entering into agreements with
What is gas engine oil?
09/08/2020 by Mark
Gas engine oil is a lubricant specifically created for use with an extensive selection of gas engines, functioning as part of a gas generator. Whether the engine is a standard model or a high-output edition,…
Total completes sale of North Sea assets
08/08/2020 by OilStoreAdministrator
Energy company Total has successfully finalised the sale of oil and gas assets on the UK Continental Shelf (UKCS) to Neo Energy, which was created last year with the backing of
What is cutting fluid used for?
07/08/2020 by Richard
Cutting fluid is an industrial lubricant that is readily available from leading manufacturers including Houghton, Fuchs, and Mobil. Designed to improve the performance of equipment and extend its life, this multi-purpose cutting oil is essential…
Total and Shell avoid Q2 losses
06/08/2020 by Mark
Oil majors Total and Royal Dutch Shell have beat analysts’ expectations by posting modest profits. Given the drastic drop in demand for oil since nations around the world initiated coronavirus lockdowns, the two firms had
Understanding compressor oil
05/08/2020 by OilStoreAdministrator
A mechanically complex piece of equipment, to function effectively, compressors cannot be lubricated by just any type of oil. Compressor oil has been specially developed over time, combining in-depth research and testing to create additives…
FUCHS launches new commercial engine oil
04/08/2020 by Richard
Lubricant maker FUCHS has launched a new commercial vehicle oil aimed at MAN Euro VI-d engines. The new oil meets the M 3977 specification that MAN published to go with
What is commercial vehicle oil?
03/08/2020 by Mark
From lubricant designed for classic and passenger cars to those developed with transmissions in mind, there is an extensive array of automotive oils now available. Today’s cutting-edge vehicle oils have been specifically created to cope…