Board at Chevron gains key new member
12/08/2025 by OilStoreAdministrator
Oil major Chevron has announced that John B. Hess has joined its board of directors.
OPEC+ subgroup proceeds with production increases
11/08/2025 by Mark
The eight OPEC+ participants involved in voluntary production cuts have announced a further rewinding of those cuts, putting downward pressure on oil prices.
Chevron to triple-frac almost half of Permian wells
08/08/2025 by Richard
US oil major Chevron says it expects to use “triple-frac” technology on nearly half of its new wells in the Permian Basin this year.
Petronas widens collaboration with Microsoft
07/08/2025 by OilStoreAdministrator
Tech giant Microsoft has extended its collaboration with Petronas to cover the artificial intelligence (AI) ecosystem through the signing of a new memorandum of understanding (MoU).
TriGen proposes profitable way of decarbonising gas and oil
06/08/2025 by Mark
Writing in Innovation News Network, TriGen CEO Pieter Kapteijn has outlined an economically viable strategy whereby gas and oil production can be decarbonised.
When should you change your turbine oil?
05/08/2025 by Mark
Lubricant leaders like Shell and Fuchs make high-quality turbine oils that keep the latest turbine technology operating effectively and well-protected.
TotalEnergies announces startup of Angola projects
05/08/2025 by Richard
France-based TotalEnergies has announced that two new offshore projects have begun production in Angola.
TotalEnergies increases investment in sustainable forestry
04/08/2025 by OilStoreAdministrator
Energy giant TotalEnergies has announced a new agreement with a project developer based in Arkansas in the US to protect forests as carbon sinks.
The benefits of using biodegradable hydraulic oil
04/08/2025 by Mark
Hydraulic oil is a specialist fluid designed for power transfer in a wide range of mechanical systems and equipment.
What is lubrication consolidation?
03/08/2025 by Mark
Many industrial operators are using a diverse range of lubricants in their facilities from a multitude of brands like Klüber, Fuchs and Mobil.
How CPI gear oils extend equipment life
02/08/2025 by Mark
Today, most industrial operations and the hardworking machinery they employ depend on high-quality lubricants like gear oil.
Fuchs launches new PFAS-free medical grease
01/08/2025 by Richard
The biggest independent supplier of lubricants, Fuchs Lubricants, has announced the introduction of its NYEMED 7312 damping grease for medical applications.