Why do so many businesses rely on Mobil oil?
02/10/2018 by Mark
Mobil has been producing industrial oils for over 150 years, with customers based in many countries worldwide and operating in a variety of industries.
ExxonMobil and others join climate change initiative
30/09/2018 by Richard
ExxonMobil, the US oil giant that makes lubricants for Mobil stockists, has officially joined the Oil and Gas Climate Initiative, an organisation set up in 2014 to reduce greenhouse gas emissions from the oil and
OPEC mulls production boost
27/09/2018 by Mark
Reuters is quoting a source as saying that OPEC and its partners are in discussions about a possible 500,000 bpd (barrels per day) production increase to compensate for declining oil supplies from Iran, as US…
US now the world’s top oil producer
21/09/2018 by Richard
The US oil industry has been continually setting new records for oil production, thanks in no small part to the shale revolution. Now, for the first time since 1973, preliminary data from the US Energy…
ExxonMobil to spend £500m on UK refinery
18/09/2018 by Mark
ExxonMobil, the US oil giant behind slideway oils like Mobil Vactra 4, has announced it plans to spend $650m (about £500m) on upgrading its Fawley refinery on the southern English coast. ExxonMobil’s Fawley refinery
Oil production still rising in Texas
12/09/2018 by OilStoreAdministrator
Texas oil production is still rising, according to monthly data from the US Energy Information Administration (EIA). Despite concerns that
ExxonMobil makes another discovery in Guyana
06/09/2018 by Mark
ExxonMobil, America’s largest oil company and the maker of lubricants for Mobil UK distributors, has announced its ninth discovery
The world’s five biggest oil companies
04/09/2018 by OilStoreAdministrator
While oil reserves can be a source of income for many nations, it’s the task of companies, sometimes state-owned, to find and develop oil resources. Here are the world’s top five oil companies by
Five of last year’s biggest oil and gas discoveries
28/08/2018 by Mark
While an oil field never goes entirely dry, it eventually becomes unproductive because the cost of extracting the remaining oil exceeds its market value. While operators have been, and continue to be, remarkably adept at
US releases 11 million barrels from oil reserves
24/08/2018 by Mark
The US Department of Energy is offering 11 million barrels of crude oil for sale from its strategic oil reserves, with delivery taking place in October and November.
Saudi Arabian oil production down in July
18/08/2018 by OilStoreAdministrator
Saudi Arabia, OPEC’s largest oil producer, pumped just 10.3 million barrels per day (bpd) in July according to its own reports
Russia helps grow global oil production
15/08/2018 by Richard
July saw the world’s supply of oil increase, thanks in part to an unexpectedly sharp rise in Russian oil production.