Rise in production by OPEC+ predicted in July
21/05/2025 by Cameron Clarke
Analysts at multinational financial services and investment bank, Goldman Sachs, have predicted OPEC+ will decide to raise production in July by another 411,000 barrels per day (bpd).
Rumours of Shell considering BP takeover continue to grow
20/05/2025 by Daniel Tait
With BP posting another set of poor quarterly results, speculation continues to grow in the markets that BP is ripe for a merger or acquisition, with Shell being pointed to as the most likely contender…
Fuchs reports strong start to year
19/05/2025 by Jay Hatton
Fuchs has published its financial results for the first quarter of this year, with it showing a modest improvement on last’s year’s strong results.
Independent lubricant maker rebrands metalworking fluids
13/05/2025 by Daniel Tait
Fuchs, the world’s largest independent lubricant manufacturer, recently renamed its respected “Metablanc” product range to “Renoclean”.
UK drivers become Millers Oils ambassadors
23/04/2025 by OilStoreAdministrator
British independent lubricant manufacturing and blending company Millers Oils recently announced two new faces joining its dedicated team of brand ambassadors.
Fuchs obtains American lubricants supplier
21/04/2025 by Mark
German lubricant expert Fuchs recently acquired IRMCO, a tube bending and metal forming lubricant provider based in Chicago, Illinois in the US.
Castrol sponsors India race event
18/04/2025 by OilStoreAdministrator
Respected lubricant brand Castrol was recently the title sponsor for a major racing festival in India.
Mobil distributor celebrates successful seminar
07/04/2025 by OilStoreAdministrator
Sri Lanka’s official distributor for ExxonMobil, McLarens Lubricants Ltd, recently marked the conclusion of a successful event titled the Industrial Technical Seminar.
Castrol releases new marine lubricants range
03/04/2025 by Richard
Today, Castrol is among the world’s top lubricant brands. The BP-owned company recently launched a brand-new product line called “Castrol Cyltech” that is specifically designed to serve two-stroke engines in the marine industry.
Lubricants convention scheduled for Bangkok
01/04/2025 by Mark
An event called the Asia Bitumen, Base Oil & Lubricants (ABBL) Conference & Exhibition will take place in Bangkok this April.
Fuchs continues expansion in lubricants sector
31/03/2025 by Richard
Recent reports show that Fuchs Lubricants’ stock market valuation is once again reaching new highs, repeating the same achievement it has made three other times since 2017.
Chevron buys $2.3 billion shares back
28/03/2025 by OilStoreAdministrator
US oil and gas giant Chevron recently bought back around 5 per cent of shares from independent energy company, Hess Corp, valued at approximately $2.3 billion.