Libya restarts production at Sharara oil field
08/02/2024 by Richard
After a two-week pause, the National Oil Corp. (NOC) of Libya has announced the lifting of force majeure for the Sharara oil field.
UK automotive sector manufactures record number of vehicles
07/02/2024 by Mark
The UK automotive sector made in excess of a million cars and commercial vehicles (CVs) in 2023 – the first time to produce these figures since 2019.
A guide to the different types of fluid engineering
07/02/2024 by Mark
Expertly engineered fluid solutions are required to answer the operational challenges and unique requirements of specialised applications and equipment.
Wolfgang Sammer takes over as Kluber CEO
06/02/2024 by OilStoreAdministrator
Leading lubricant maker Kluber has announced that Dr Wolfgang Sammer has now assumed leadership of the company.
Shell to convert German facility to make base oil
05/02/2024 by Richard
The German arm of UK-based oil major Shell has announced that it will repurpose its hydrocracker at the Energy and Chemicals Park Rheinland in Wesseling.
The advantages of using Paratherm heat transfer fluids
04/02/2024 by OilStoreAdministrator
The primary role of a heat transfer fluid (HTF) is to relocate thermal energy efficiently from one area to another.
Six ways to prevent rust
03/02/2024 by Mark
Any operation using metal mechanical equipment must be aware of rust and the threat it poses.
IEA predicts record global oil production this year
02/02/2024 by Richard
In its latest Oil Market Report (OMR), the International Energy Agency (IEA) has predicted that the global production of crude oil will reach a new record high of 103.5 million barrels per day (bpd), with…
Air Europa to buy sustainable lubricants from Shell
01/02/2024 by OilStoreAdministrator
Shell Aviation has been chosen as the lubricant supplier for Air Europa, meaning it will supply grease, turbine oil and other fluids for the Boeing 737s and 787s in the airline’s fleet.
TrAchem Rebrands as Oil Store
31/01/2024 by Daniel Tait
TrAchem Lubricants Rebrands as Oil Store: Simplifying and Strengthening Presence in Lubricants Industry 31st January 2024 TrAchem Lubricants, a renowned supplier of quality lubricants for nearly 30 years, announces its rebranding as Oil Store, effective…
TotalEnergies agrees to buy battery storage developer
31/01/2024 by Mark
Energy firm TotalEnergies has confirmed its decision to buy Kyon Energy, a German company that develops projects for energy storage using batteries.
ExxonMobil to investigate Guyana gas resources
30/01/2024 by Richard
Having already established oil production offshore of Guyana, ExxonMobil is now looking to explore opportunities to develop natural gas fields in the Stabroek Block that it operates.