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New discovery could cut shale oil production costs

15/08/2023 by OilStoreAdministrator

Skoltech, a petroleum engineering firm based in Russia, has found that the expensive surfactants used in many enhanced oil recovery (EOR) operations may be counterproductive, with the company’s
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Oil Gas

Saudi Arabia says it could deepen production cuts

14/08/2023 by Mark

The state news agency of Saudi Arabia has cited the country’s energy minister as saying that its voluntary cut in the production of crude oil could be
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Shell and G4S explore decarbonisation opportunities

12/08/2023 by greg

Energy giant Shell and the multinational private security firm G4S, which are both based in the UK, have entered into a new
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OPEC+ leaves oil production unchanged

11/08/2023 by Richard

In its latest Joint Ministerial Monitoring Committee (JMMC), the OPEC+ group has decided to maintain the production of
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Architects ask Shell to reassess controversial demolition

10/08/2023 by OilStoreAdministrator

A group of 40 academics, architects and other relevant professionals have submitted a letter to Aberdeen City Council urging it and Shell to reconsider a planned demolition of the
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TotalEnergies and others agree to invest in Zhero Europe

09/08/2023 by Mark

France-based energy company TotalEnergies and other firms – including Azimut, Technip Energies, and Baker Hughes – have preliminarily come to an agreement to
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BP invests in fleet software provider

09/08/2023 by Mark

The venture capital arm of energy giant BP has made an investment of £4 million in Dynamon, a UK-based firm that supplies
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Permian operators planning to ramp up production

08/08/2023 by Richard

Despite expectations of a dip in production in the prolific Permian basin of West Texas and New Mexico, gas and oil companies are
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Petro-Canada Lubricants launches EV product range

07/08/2023 by OilStoreAdministrator

Leading lubricant brand Petro-Canada has introduced a range of fluid and grease solutions aimed specifically at
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CBI says sentiment improving among UK manufacturers

06/08/2023 by Mark

The CBI has published its latest Industrial Trends Survey for the three months up to July, with it showing that UK manufacturers are reporting
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The importance of lubrication in bearings and other components

06/08/2023 by Mark

To minimise friction in transmission, precision is paramount. As a result, bearing lubrication is required to make sure rolling components remain functioning effectively. There are several reasons why
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What are the primary differences between four-stroke automotive oil and marine oil?

05/08/2023 by Mark

Many enterprises are curious about what makes four-stroke engine oils which are formulated for marine use and automotive applications different. While both products are developed to serve four-stroke engines, the operating environments and equipment types…
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