Scottish wind turbines met two-thirds of February energy needs
10/03/2017 by Richard
Data provided by WeatherEnergy shows that wind turbines in Scotland generated 1,331,420 MWh of electricity in February, enough to supply the average electricity needs of all Scottish homes or two-thirds of the combined 1,984,765 MWh…
UK government releases provisional energy statistics for 2016
07/03/2017 by Mark
UK crude oil and natural gas liquids production rose by 4.8% in 2016, according to provisional figures from the Department for Business, Energy and Industrial Strategy. This is the
Cars may soon be changing their own oil
07/03/2017 by Mark
Changing your car’s engine oil may be radically different in future, according to Castrol, a division of the oil industry giant BP. The days of greasy rags and catch basins full of dirty oil may…
Power companies suffering from incorrect equipment lubrication
06/03/2017 by OilStoreAdministrator
Incorrect lubrication is leading to unplanned downtime for many power companies according to a report commissioned by Shell Lubricants, which produces industrial lubricants like
Iran announces new shale oil find
03/03/2017 by Richard
Major shale oil reserves have been discovered in the western province of Lorestan, according to Bahman Soleimani, a senior official at Iran’s state-owned National Iranian Oil Company (NOIC). The new reserves, which were
UK oil industry getting its head above water, MPs told
01/03/2017 by Mark
The UK oil industry will return to being a positive taxpayer in the coming years, according to evidence presented to the House of Commons Scottish Affairs Committee. Last year, the Treasury paid out
Millions of UK lampposts could be getting wind turbines
27/02/2017 by OilStoreAdministrator
The future may see small wind turbines fitted to lampposts in a strategic partnership between IT company NVT Group and green technology firm Own Energy. This partnership will lead to
New report predicts global industrial lubricants market to be worth over $70bn by 2025
24/02/2017 by OilStoreAdministrator
Research and Markets have published a new report with the title ‘Global Industrial Lubricants Market Analysis & Trends – Industry Forecast to 2025’. One of the report’s more prominent predictions is how the global industrial…
OPEC cuts trigger US shale drilling boom
21/02/2017 by Richard
The United States is experiencing its greatest increase in oil drilling since 2012 following cuts in production by the Organization of Petroleum Exporting Countries (OPEC) in cooperation with 11 other countries. These recent production cuts,…
Automotive lubricant market to reach 475m gallons within five years
18/02/2017 by OilStoreAdministrator
A report published this month by Market Research Engine has estimated a compound annual growth rate of 8% within the worldwide lubricants industry by
Shell could boost North Sea jobs
15/02/2017 by Mark
Royal Dutch Shell, the oil giant that manufactures Shell Tellus S2 M 46, could create hundreds of decommissioning jobs in the North Sea jobs as it gets ready to dismantle huge oil rigs located in
Brief guide to draining a hydraulic system
13/02/2017 by Richard
If you have determined that your hydraulic oil needs to be drained, you will want to make sure that you are removing as much of the substance as possible. This is necessary if you want…