Lukoil seeking to boost Iraq oil production
26/10/2020 by Richard
The second largest oil company in Russia, Lukoil, is looking at boosting oil production from its assets in Iraq once the quotas agreed by
Fuchs: Global expert in hydraulic lubrication
25/10/2020 by OilStoreAdministrator
From German origin, the lubricant specialist Fuchs has formulated and produced a diverse range of products over the course of 85 years, providing solutions employed by all sectors, from aerospace to
US shale oil production to dip next month
24/10/2020 by Mark
According to productivity data from the US Energy Information Administration (EIA), production from the country’s largest shale formations will likely decline moderately next month, indicating that there is
Impressive agricultural lubricants from Mobil
23/10/2020 by Richard
Counted among the world’s largest companies, ExxonMobil is also a leading manufacturer of both mineral-based and synthetic lubricants. For over 120 years, the firm has been producing lubricants of exceptional quality for a
Shell launches new e-fluids for commercial vehicles
22/10/2020 by OilStoreAdministrator
Energy and lubricant company Shell has added to its range of e-fluids for passenger vehicles with a new portfolio of products aimed at commercial vehicles that have
Oil CEO forecasts 'moderate' production restoration
20/10/2020 by Mark
According to the CEO of Occidental Petroleum Corp, US oil production is unlikely to return to the record levels seen before the COVID-19 pandemic, but production will
OPEC+ cuts will still taper out from next year
18/10/2020 by Richard
According to Suhail al-Mazrouei, the energy minister for the Yhdistyneet arabiemiirikunnat, the OPEC+ group will continue with its plan to begin tapering its collective production cuts by 1.9 million barrels per day (bpd) to…
Investors seeing Shell and BP shares as bargains
16/10/2020 by OilStoreAdministrator
With BP and Shell’s share prices at their lowest for 25 years, investors are seeing them as
Oil demand to grow in next decade and beyond
14/10/2020 by Mark
The days of oil are not quite over yet according to OPEC, which predicts that the demand for oil will continue to increase until
What’s the difference between bio-based and biodegradable lubrication?
13/10/2020 by Richard
In recent years, UK legislation has become increasingly focused on protective measures for the environment with both individuals and enterprise owners encouraged to opt for
Fuchs UK reports strong results
12/10/2020 by OilStoreAdministrator
The UK arm of lubricant giant Fuchs, which is based in Stoke-on-Trent, has reported increased revenue and
Which engine oil is best for vintage vehicles?
11/10/2020 by Mark
From classic cars and motorcycles to harvesters and tractors, vehicles with vintage engine designs have different needs to their modern incarnations. Older engines often feature far