New study claims North Sea oil production is entering its final decade
27/09/2017 by OilStoreAdministrator
Academic research from Edinburgh University has concluded that the UK’s oil industry is now entering its last decade of production. Of the
IEA says oil demand increasing as production cuts bite
24/09/2017 by OilStoreAdministrator
The International Energy Agency (IEA) has confidently expressed that it believes the global demand for oil is growing as the OPEC-led production cuts hold up. Figures for August showed that
Russian government and ExxonMobil settle long-running tax dispute
21/09/2017 by OilStoreAdministrator
The Russian Finance Ministry has announced that it has reached an agreement with ExxonMobil over a $600m tax dispute from 2015. At the time, Rex Tillerson was still CEO before leaving to join the Trump…
Offshore wind power now cheaper than nuclear
18/09/2017 by Mark
The UK Government has held its reverse auction for energy production subsidies, and offshore wind power has come in cheaper than
Hurricanes hit US oil output and demand
15/09/2017 by Richard
US oil output fell from 9.5 million bpd (barrels per day) to 8.8 million bpd as Hurricane Harvey hit the gulf coast last month, according to
Report forecasts global food grade lubricants market for next five years
12/09/2017 by OilStoreAdministrator
A new report entitled ‘Global Food Grade Lubricants Market’ has been released. The study delves into
Purdue researchers announce new solid lubricant
09/09/2017 by OilStoreAdministrator
Researchers working at Purdue University at West Lafayette, Indiana in the USA have developed a new dry lubricant that promises to
Logistics company releases new lubrication video
06/09/2017 by Richard
A video has been released to celebrate the innovative SEA-Mate® Blending-on-Board (BOB) lubrication system created
ExxonMobil introduces a new series of gas engine oils
03/09/2017 by Mark
ExxonMobil has launched its new Pegasus 1100 series of oils to keep pace with recent developments in gas engines. This next-generation series was
How Mobil stockists can make the most of your lube room
01/09/2017 by OilStoreAdministrator
If you’ve recently established a lube room, or if you already have one but suspect it could be improved, here are a
Libya shuts down its Sharara oil field amid rising tension
30/08/2017 by Richard
Libya has closed down its largest oil field, which had been producing 280,000 barrels a day, due to a pipeline blockade. The blockade by an
Create a dedicated lube room with the help of Mobil distributors
29/08/2017 by Mark
Correct lubricant selection is essential to good machine operation, and the use of high-quality oils like