BEVs to account for seventh of car purchases this year
06/01/2022 by Mark
New AutoMotive, a transport research consultancy, has predicted that sales of battery-powered electric vehicles (BEVs) will make up 15% of the market for new vehicles this year. This is equivalent to
Expert predicts US production rises in 2022
06/01/2022 by OilStoreAdministrator
IHS Markit’s vice chairman, Daniel Yergin, has predicted that US oil production could rise by as much as 900,000 barrels per
What are the benefits of using Klüber grease?
05/01/2022 by Mark
A member of the Freudenberg Group of in Weinheim, Germany since back in 1966, Klüber Lubrication is renowned supplier of high-quality products for a wide range of
BP and Oceaneering successfully pilot remote ROV
04/01/2022 by Richard
In a first for the UK, Oceaneering International, a subsea technology and engineering company, has successfully piloted a remotely operated vehicle (ROV) for BP from its
Save money through smarter lubrication
03/01/2022 by greg
While potential savings can be made from consolidating lubricants, you can also potentially save money by using
GazProm boss cautious about oil market overheating
02/01/2022 by OilStoreAdministrator
The CEO of Gazprom Neft, Russia’s third-largest oil producer, has indicated that there is still a risk that the oil markets may overheat in 2022, although he said his company was working on increasing its…
Lubmarine publishes white paper about lubricant choices
30/12/2021 by Mark
Lubmarine, a subsidiary of the company formally known as Total that specialises in marine lubrication, has published a white paper to inform ship operators about how they can avoid expensive engine failures through on-ship oil…
The benefits of lubricant consolidation
30/12/2021 by Katie
When running various forms of machinery from different manufacturers, some businesses often find themselves needing to stock various lubricants from multiple brands, but what if they could cut down this range significantly? Here are some…
Maersk Tankers and BP trial marine biofuel
28/12/2021 by Richard
A new biofuel for the shipping sector has been successfully trialled by BP, using two vessels chartered
ExxonMobil and BioAccelergy to collaborate
27/12/2021 by Mark
ExxonMobil’s research and development arm has signed an agreement with BioAccelergy Ventures to jointly develop a new process for bio-base stocks that would enable lubricant products to be made from
Morris boss says lubricant industry can contribute to greener future
26/12/2021 by OilStoreAdministrator
The new President of the UK Lubricants Association (UKLA), Andrew Goddard, has said that in the transition towards a cleaner, greener future, the lubricant industry should not be seen as part of
IEA predicts lower oil prices next year
24/12/2021 by greg
Consumers and businesses may get some relief from high fuel prices, according to the US Energy Information Administration (EIA), which, in its latest Short-Term Energy Outlook, has downgraded its expected price for benchmark WTI and…