PBF Energy to purchase Torrance Refinery from ExxonMobil
12/10/2015 by Richard
ExxonMobil, the maker of products including Mobil DTE 10 Excel 32, has come to an agreement that it will sell its refinery in Torrance, California to PBF Energy Inc. The company will also sell a
UK oil production expected to increase
05/10/2015 by OilStoreAdministrator
The production of gas and oil in the UK is expected to enjoy its first increase in a decade and a half over the next year, the association for this industry stated recently. UK gas…
Perthshire wind farm plans to be revealed
25/09/2015 by Richard
Detailed information about a proposed wind farm in Perthshire, which could lead to the construction of turbines
ExxonMobil to launch engine oil production plant in Singapore
21/09/2015 by Mark
Leading lubricants manufacturer ExxonMobil has announced that it will be opening a new production plant in Jurong, Singapore, as part of the expansion of its Asia Pacific operations. The new plant will be used for…
Shell wins innovation award
18/09/2015 by Richard
It has been announced that Shell Lubricants has claimed the sub-Saharan Africa Frost and Sullivan Prize, in the Product Leadership category. This award recognises innovation within the
Shell shares cheapest in six years
15/09/2015 by Mark
Shares in Royal Dutch Shell, the makers of products like Shell Gadus S2 V100 3 and Shell Tellus S2 M 32, have reached their lowest price in six years, enabling investors to become a shareholder…
Oil could fall to $20 a barrel, says Goldman Sachs
15/09/2015 by Richard
Prominent U.S. investment bank Goldman Sachs have suggested that the price of a single barrel of crude oil could fall to as little as $20 (£13) per barrel as the oversupply of available oil continues…
ExxonMobil creates lubes for Tata Motors
14/09/2015 by OilStoreAdministrator
ExxonMobil, the maker of a number of highly regarding motor oil products such as Mobil 1 Racing 4T, has specially developed a new range of lubricants for use in Tata Motors’ commercial diesel vehicles, with…
Shell and Ferrari cement partnership
14/09/2015 by Richard
On Sunday, September 6, it was announced that Shell, the maker of oil-based products such as Shell Tellus S2 M 32, has extended its Formula One partnership with car giant Ferrari for at least five…
AI to boost Shell’s lubricants
13/09/2015 by Mark
Shell, which produces products like Shell Gadus S2 V100 3, has recently set up an artificial intelligence (AI) service to be used by
Lubricant market could reach almost £45bn by 2022
13/09/2015 by OilStoreAdministrator
According to a recently released study by Grand View Research, the global lubricant market is predicted to be
Demand for finished lubricants grows in the UK
13/09/2015 by OilStoreAdministrator
According to worldwide consulting and research firm Kline, the demand for finished lubricants in the UK is