US prepares to ease Venezuela sanctions
01/09/2023 by Mark
Reuters reports five sources familiar with the matter as saying that officials in Washington are preparing a proposal that would ease the restrictions on the oil industry of Venezuela in return for the country making…
Saudi production cut expected to last through October
31/08/2023 by OilStoreAdministrator
Five industry analysts have together predicted that Saudi Arabia will extend its voluntary crude oil production cut of one million barrels a day (bpd) for its third month, taking it to the end of October.
Shell Marine and Kongsberg Digital intensify cooperation
30/08/2023 by Mark
Kongsberg Digital is to add Shell’s LubeMonitor application to those it offers through its maritime applications database.
How to choose the right lubricant for plastic machinery parts
30/08/2023 by Katie
Many machine operators and engineers are under the false impression that plastic components included in equipment need zero lubrication, while others mistakenly think that
ExxonMobil readies sixth Guyanese project
30/08/2023 by Mark
Reports suggest that Exxon Mobil is preparing to develop its sixth oil project off the coast of Guyana. This is according to a
Three strategies for maximising the performance of heat transfer fluids
30/08/2023 by Mark
Heat transfer fluid (HTF) systems must be maintained properly to avoid any unplanned downtime. HTF systems often remain problem-free for extended periods, but this can lead them to
Why are lubricants so important for machinery?
29/08/2023 by greg
Whether its stationary or installed in vehicles, mechanical equipment typically has multiple moving parts which allow it to function. From engines in
What is the difference between C2, C3 and C4 oil?
29/08/2023 by Richard
Among other activities, the Association des Constructeurs Européens d’Automobiles (ACEA), also known as the European Automobile Manufacturer’s Association, defines
TotalEnergies expands its portfolio of carbon storage projects
29/08/2023 by Richard
France-based energy firm TotalEnergies has agreed a deal with CapeOmega Carbon Storage to buy its
Shell moves forward with Selene prospect
28/08/2023 by Mark
UK-based energy major Shell has begun working on a geophysical site survey of the North Sea Selene prospect, which is one of the
Advanced Engineering UK announces speakers
27/08/2023 by Katie
The organisers of Advanced Engineering UK have announced some of the prominent industry leaders who will be
What are the most common bearing lubrication mistakes?
25/08/2023 by OilStoreAdministrator
Lubrication bearing errors can have serious consequences. Common impacts of improper lubrication include conditions like excessive wear and overheating, either of which can