Shell aims for net-zero emission
24/04/2020 by Richard
Oil giant Shell has announced its plan to join other oil supermajors in cutting greenhouse gas emissions, with the long-term aim of reaching net-zero emission
How the oil industry could combat COVID-19
23/04/2020 by Mark
Like most industries, oil and gas have been hit hard by COVID-19, but there are plenty of examples of the sector playing an important role in fighting the
FUCHS to host AGM online
22/04/2020 by Mark
German-based FUCHS, a maker of industrial lubricant products like slideway oil and grease, has decided to host this year’s Annual General Meeting (AGM) online.
Could wind soon power offshore oil?
20/04/2020 by OilStoreAdministrator
Offshore oil production may soon have its energy demands met by offshore wind generation following approval from Norway’s petroleum ministry for Equinor to build a floating wind farm
OPEC+ agrees record 10% production cut
18/04/2020 by Richard
The OPEC+ group, which includes OPEC members plus some non-member oil-producing nations, most notably Russia, has agreed a landmark deal
ExxonMobil steps in with key hand sanitiser ingredient
16/04/2020 by Mark
Oil major ExxonMobil has stepped in to help a firm in New Jersey pivot its production away from personal care items to medical-grade hand sanitiser
Aviation fuel tanker converted for oil delivery
14/04/2020 by OilStoreAdministrator
Many companies are looking for ways to make their operations more sustainable and efficient. Allied Petroleum, a fuel and lubricant distributor based in New Zealand, has started beefing up its bulk deliveries of oil
Oil and gas sector helps fight against coronavirus
12/04/2020 by Richard
The gas and oil sector may have been hit hard by low oil prices in the wake of the pandemic, but many companies are using their muscle to help in efforts against the virus. While…
Noria offers lubrication online courses
10/04/2020 by Mark
Noria Corporation, which specialises in helping businesses to improve their lubrication processes, has begun offering its leading courses online.
Trump predicts Saudi and Russian production cuts
08/04/2020 by OilStoreAdministrator
With oil prices having seen steep declines, the US President Donald J. Trump claims to have discussed with Saudi Arabia the possibility of reducing global oil production
US and Russia to discuss global oil markets
06/04/2020 by Mark
The Russian and US presidents, Vladimir Putin and Donald Trump, have agreed to set up lines of communication between their
Morris Lubricants adopts guide dog puppy
04/04/2020 by Richard
UK-based lubricant maker Morris Lubricants, together with sister companies Morris Leisure and GB Lubricants, have adopted a puppy who will ultimately go on to become a guide dog.