Morris recruits heritage railway engineer
20/07/2021 by Richard
The Shrewsbury-based Morris Lubricants has a new Heritage Account Manager – Simon Holroyd, who has worked on a number of heritage railway projects.
Drain intervals could be extended for high-speed engines
18/07/2021 by OilStoreAdministrator
Data from lubricant maker Mobil reveals that some operators may be unnecessarily changing the oil in the engines of their high-speed marine vessels, which in turn increases their costs for lubricant supplies, routine maintenance and
Brazil to become world’s fifth-largest oil exporter
16/07/2021 by Mark
According to Bento Albuquerque, the Brazilian Mines and Energy Minister, Brazil is set to become the world’s fifth-largest exporter of oil by
Higher prices may trigger increase in US oil production
14/07/2021 by Richard
According to the latest short-term outlook from the US Energy Information Administration (EIA), US oil production may start to regain some of its recent losses if oil prices continue
Shell agrees to buy BP’s stake in North Sea field
30/06/2021 by Mark
BP has agreed to sell its stake in the Shearwater gas hub in the North Sea to Shell.
Compressor oil market to be fuelled by emerging economies
26/06/2021 by Richard
The global market for compressor oil is set to grow at a CAGR of 4.6% over the next decade, with it being worth an expected $26.7 billion this year, according to a new report from
BP contemplates spinning off Iraq assets
24/06/2021 by Mark
The Wall Street Journal has reported sources as saying that the oil giant BP is considering spinning off its operations in Iraq into a new company that will distribute profits through dividends and
IEA calls for greater oil production
22/06/2021 by Richard
The Paris-based International Energy Agency (IEA) has called for the OPEC+ group to begin pumping more oil in order to ensure the world’s energy demands are met as it
Shell considers $10 billion Permian exit
20/06/2021 by OilStoreAdministrator
Reuters has reported that oil and lubricant producer Shell is considering selling a portion or all of its assets in the Permian Basin, an area that has provided much of the oil and gas production…
Shell to accelerate emission cuts
16/06/2021 by Richard
Following a recent court ruling in the Netherlands, CEO Ben van Beurden has written in a LinkedIn post that Shell will step up its efforts to reduce emissions.
BP CEO sees demand for oil growing
14/06/2021 by OilStoreAdministrator
Bernard Looney, the Chief Executive of BP, has said that he expects a strong and long-lasting recovery in the demand for crude oil, combined with continued restraint from
Shell chair chosen to lead innovation agency
12/06/2021 by Mark
Sir Andrew Mackenzie, who is currently the company chair of Shell, has been selected as the favoured candidate to lead the UK Research and Innovation (UKRI) agency. If his appointment is confirmed by the House…