Exxon seeks arbitration over Guyana
15/03/2024 by OilStoreAdministrator
US-based oil major ExxonMobil has filed for arbitration to settle the future of operations in the Stabroek block offshore of Guyana.
EIA reports increased US oil production
14/03/2024 by Richard
The US Energy Information Administration (EIA) has published analysis revealing that record-high oil production in the United States is being driven by
OPEC+ to extend production cuts
13/03/2024 by Mark
Members of the OPEC+ group, which includes OPEC members and other oil-producing countries like Russia and Mexico, have extended their cuts to
Kluber to showcase food safe lubricant range
12/03/2024 by OilStoreAdministrator
Speciality lubricant maker Kluber has announced that it will be at the Anuga FoodTec trade fair to showcase its new range of Kluberfood 4DC (4 direct contact) products to the food industry.
TotalEnergies deploys generative AI for its workforce
11/03/2024 by Richard
France-based TotalEnergies has announced that it will empower its workers with generative AI (artificial intelligence) technology following
Chevron to start producing hydrogen at oilfield
08/03/2024 by Mark
Oil and gas has been produced at the Lost Hills field in the San Joaquin Valley of California for over a century. Now, in a first for
Chevron and ExxonMobil in disagreement over Guyana stake
07/03/2024 by OilStoreAdministrator
Chevron has indicated in a securities filing that its planned acquisition of Hess Corp for $53 billion could fall apart.
Castrol launches new campaign to raise awareness of Magnatec for workshops
06/03/2024 by Richard
Leading lubricant brand Castrol has launched a new multi-channel campaign to increase awareness of the benefits of using its Magnatec range.
US rig count rises by six
05/03/2024 by Mark
Data published by oil field services company Baker Hughes has revealed that the number of oil rigs operating in the US increased by six in February.
Valvoline launches this year’s Mechanics Month
04/03/2024 by OilStoreAdministrator
Leading global maker of industrial and automotive lubricants Valvoline has launched the fifth instance of its yearly Mechanics Month, which will take
Factors to consider when choosing a rust preventative
02/03/2024 by Mark
Rust preventatives extend the life of industrial equipment, including machinery and other metallic structures on site.
TotalEnergies agrees strategic SAF partnership with Airbus
01/03/2024 by OilStoreAdministrator
TotalEnergies and Airbus have signed an agreement that will see them form a partnership to explore how sustainable aviation fuel (SAF) can help meet the challenge of