IEA says oil markets could be oversupplied in 2020
04/11/2019 by Richard
The Paris-based International Energy Agency (IEA) has said in its latest monthly report that it expects oil markets to show a supply surplus in 2020 in the absence of a strong recovery in demand.
Oil giants join forces to reduce carbon emissions
02/11/2019 by Mark
Some of the world’s biggest oil companies have joined forces to launch a new initiative to reduce greenhouse gas emissions.
FUCHS UK invests £5 million in raw materials warehouse
30/10/2019 by OilStoreAdministrator
The UK arm of FUCHS lubricants has started futureproofing its Staffordshire headquarters by beginning construction of a £5 million warehouse for raw materials.
Shell publishes cylinder oil guidance for IMO 2020
28/10/2019 by Richard
Shell’s marine-oriented arm has published a new whitepaper providing guidance for ship operators as they transition to meet the low-sulphur caps being introduced by the IMO at the start of next year. The whitepaper,
New biodegradable lubricant launched by Fuchs
26/10/2019 by Richard
Fuchs Lubricants has added a biodegradable oil to its product range. The new PLANTO MOT SAE 10W-40 is a diesel oil with a low ash content suitable for
New systems being used to remove leaves from railways
24/10/2019 by OilStoreAdministrator
A new system developed by researchers at Sheffield University is being trialled to remove slippery leaves from the country’s
Fuchs now DMG MORI’s official lubricant partner
23/10/2019 by Mark
DMG MORI—a manufacturer of cutting machine tools, CNC-controlled lathes, and milling machines—launched its Qualified Products Program (DMQP) as means to
ExxonMobil signs MoU with the Indian Institute of Technology
21/10/2019 by Mark
Energy major ExxonMobil has announced that it has entered into a Memorandum of Understanding (MoU) with the Indian Institute of Technology, specifically at its Bombay and Madras locations, to further research into
Labour pledges 37 new wind farms
18/10/2019 by Richard
Labour Party leader Jeremy Corbyn has pledged a green industrial revolution with wind power leading the way. He said a future Labour government would create 37 new wind farms over 10 years, creating 67,000 jobs…
Mill halves bearing failures by switching lubricant
15/10/2019 by OilStoreAdministrator
Switching to Mobil Vacuoline 525, a circulating system oil, paid off for one Turkish steel mill in terms of prolonging the lifespan of the bearings in its monoblock rolling mill. The operator of the
ExxonMobil launches suite of new EV lubricants
12/10/2019 by Richard
ExxonMobil has responded to the rising popularity of electric vehicles (EVs) by launching a new range of lubricants specially developed to
Yorkshire coast to see world’s largest turbines
09/10/2019 by OilStoreAdministrator
Dogger Bank, some 80 miles or so off the Yorkshire coast, is to host the biggest wind turbines the world has yet seen on what will