Shell shareholders back move to UK
16/12/2021 by Richard
The plans of Anglo-Dutch energy major Shell to move its tax residency to the UK have moved a step closer to realisation after shareholders
TotalEnergies partners with Plastic Omnium
14/12/2021 by OilStoreAdministrator
Plastic Omnium has signed a deal with TotalEnergies for a new strategic partnership, which is aimed at collaboratively developing ways to use recycled polypropylene to manufacture plastic materials that will meet the automotive sector’s challenging…
ExxonMobil to become carbon neutral in Permian Basin
13/12/2021 by greg
US-based oil major ExxonMobil has announced plans to make the greenhouse gas emissions of its operations in the US Permian Basin
BP supports including WTI in Brent benchmark
12/12/2021 by Mark
The Dated Brent benchmark, which is the basis of futures contracts for Brent Crude, may have the US WTI Midland grade added to it, with Reuters reporting having seen a document showing
OPEC+ agrees to pump more oil
10/12/2021 by Richard
At its December meeting, the OPEC+ group – which includes OPEC and some partnering non-member, oil-producing countries, most notably Russia – has agreed to proceed with its planned 400,000 barrels per day (bpd) increase in…
Red Bull celebrates 100 races with Exxon Mobil
08/12/2021 by OilStoreAdministrator
Ahead of the Jeddah Grand Prix, the Red Bull Racing Honda Formula 1 team celebrated its 100th race since it started using
US to release oil reserves despite falling prices
06/12/2021 by Katie
The United States (US) look set to push ahead with its plan to release 50 million barrels of its strategic crude oil reserves, despite oil prices having already fallen due to concerns about the new…
Schneider Electric joins with BP to help decarbonise customers
06/12/2021 by Mark
Schneider Electric and BP have announced that they have signed a memorandum of understanding to work on ways to help hard-to-abate sectors like heavy industry and transportation in the UK, Europe, US and Australia to…
What are the benefits of a modern slideway oil?
05/12/2021 by Richard
Today, expertly engineered slideway oils are manufactured by world leaders in the lubrication business – brands like Fuchs, Q8 and Mobil, among others. These lubricants are carefully formulated to
BP announces second hydrogen plant in Teesside
04/12/2021 by OilStoreAdministrator
Oil, gas and energy major BP has announced plans for a second plant for hydrogen
What is Shell Tellus 46 used for?
03/12/2021 by Mark
Shell Tellus 46 is a high-quality hydraulic lubricant with a reputation for offering peak performance. Now marketed as
How do you check a vehicle's transmission fluid?
03/12/2021 by Mark
Most car owners understand that to keep their vehicle roadworthy, up-to-date maintenance is key, such as tyre replacement and oil changes. However, checking transmission fluid is