May saw UK manufacturing industry bounce back
31/05/2024 by Richard
The S&P Global UK Manufacturing PMI rebounded back into positive territory in May at 51.3, which is also a 22-month high.
Chevron celebrates 25 years of venture division
30/05/2024 by OilStoreAdministrator
US oil major Chevron is celebrating the 25th anniversary of Chevron Technology Ventures (CTV), its venture capital arm for investing in emerging technologies.
Fuchs launches PFAS-free alternative grease range
29/05/2024 by Mark
Independent lubricant maker Fuchs has announced the release of its new RHEOLUBE 460P series of greases, based on polyalphaolefins (PAO).
TotalEnergies and Petronas announce FID for Angola project
28/05/2024 by Richard
Oil companies Petronas and TotalEnergies have announced that they have made their final investment decision (FID) for the Kaminho project offshore of Angola.
Five new UK hubs to support sustainable manufacturing
27/05/2024 by OilStoreAdministrator
The advance of sustainable manufacturing technologies is to be supported through five new university-led research hubs around the UK.
Lubricant recycler wins King’s Award
24/05/2024 by Mark
Slicker Recycling, a company that recycles used lubricating oil and other waste, has won the King’s Award for Enterprise: International Trade 2024.
Chevron uses drones to monitor pipelines
23/05/2024 by Richard
Oil major Chevron has announced that it has started using uncrewed aircraft systems (UASs) to monitor its huge pipeline network, after being one of the first companies to be given the necessary authorisation.
TotalEnergies commits to giving millions access to clean cooking
22/05/2024 by OilStoreAdministrator
France-based TotalEnergies has committed to giving 100 million people in India and Africa access to the ability to cook cleanly with liquefied petroleum gas (LPG) by the end of the decade.
UK manufacturing found to have been extremely adaptable
21/05/2024 by Mark
According to a five-year study published by the Institute of Mechanical Engineers (IMechE) and Protolabs, UK manufacturers adapted amazingly well in a period of unprecedented challenges.
OPEC indicates that OPEC+ is here to stay
20/05/2024 by Richard
Reuters reports that OPEC will start reporting its forecasts for crude oil demand from the OPEC+ group, rather than focusing solely on OPEC member countries.
Scientists develop new eco-friendly lubricant additives
17/05/2024 by OilStoreAdministrator
At Oak Ridge National Laboratory (ORNL), which is part of the US Department of Energy, scientists have developed new additives for water turbine oil. These will still be able to safeguard
TotalEnergies to begin producing oil at Eldfisk North
16/05/2024 by Mark
Energy firm TotalEnergies has announced that the Eldfisk North project has begun successfully producing oil.