Oil prices hit two-month high
06/08/2017 by OilStoreAdministrator
Oil prices rallied to a two-month high at the start of the week, amid possible sanctions against Venezuela and positive US data. WTI crude futures briefly exceeded the
Exploring oil production in Qatar
05/08/2017 by OilStoreAdministrator
The State of Qatar is a sovereign nation located on the Qatar Peninsula that juts out from the north-eastern side of
The recent history of wind power
03/08/2017 by Mark
We pick up our look at wind power through the ages in October 1973, when the Organization of Arab Petroleum Exporting Countries announced an
New report finds onshore wind could trump Hinkley for efficiency
03/08/2017 by Richard
New analysis by engineering consulting firm Arup has come to the conclusion that onshore windfarms could be built at around the same cost as new gas power stations and roughly half as much as the…
The early history of wind power
01/08/2017 by Mark
Wind power may be on the rise, but it’s not something new. People have been harnessing the power of the wind in one form or
Scotland’s floating wind farm begins to take shape
30/07/2017 by OilStoreAdministrator
The world’s first floating windfarm is beginning to become a reality off the north-east coast of Scotland. One of the giant floating turbines has been put into position, while the remaining four are still awaiting…
Shell Marine selected to provide lubrication solutions to Hong Kong ship
27/07/2017 by Richard
Orient Overseas Container Line (OOCL), a leading container shipping and logistics service company based in Hong Kong has appointed Shell Marine to supply its integrated services, including lubrication, for the
Slowdown in US shale production helps strengthen oil market
26/07/2017 by Mark
According to Baker Hughes, the US rig count rose by only two to 765 in the week ending July 14, representing the slowest pace of growth since November last year. The news enabled Brent Crude…
Nigeria willing to accept production caps, but not quite yet
21/07/2017 by Richard
Nigeria has signalled a willingness to accept production caps as part of its commitment to OPEC. Emmanuel Kachikwu, Nigeria’s Oil Minister, was
BP’s CEO not expecting major oil price rise
18/07/2017 by Mark
Bod Dudley, the CEO of oil giant BP, has stated that his company is planning for an oil price around the $50 a barrel mark for
ExxonMobil enters global collaboration on lubricants for gas engines
15/07/2017 by Richard
ExxonMobil, which makes industrial lubricants such as Mobil SHC 630 and Mobil Vactra 4, has teamed up with General Electric (GE) to
Designing the world's largest wind turbine
14/07/2017 by Richard
There’s an undeniable trend towards making wind turbines larger in order to cut costs. This is especially relevant to