US oil production to fall less than expected
18/01/2021 by Richard
The US Energy Information Administration (EIA) has revised its forecast for average production of crude oil in the US. Instead of dropping by 240,000 barrels per day (bpd), which it previously forecasted, it will drop…
Shell helps cruise giant to offset lubricant emissions
16/01/2021 by OilStoreAdministrator
Cruise operator Carnival Corporation, which is currently preparing to resume operations later this year, has contracted Shell Marine to provide the lubricants for its 89-ship fleet in the
Petrobras sets new record for oil production
14/01/2021 by Mark
Despite the ongoing COVID-19 pandemic, Brazil’s state-owned oil company Petrobras has scaled its crude oil production up to a new record of 2.3 million barrels per day (bpd), putting it on the same level as
What does the term “viscosity index” mean for lubricants?
13/01/2021 by Richard
The viscosity of any form of lubricant will have a serious influence on not just the performance of your machinery, but its lifespan too. By choosing a lubricant with the right viscosity index (VI) for…
Shell makes investment in low-carbon fuel plant
12/01/2021 by OilStoreAdministrator
The Canadian arm of fuel and lubricant producer Royal Dutch Shell has agreed to acquire a 40% stake in a plant that makes low-carbon fuels from
Avoid lubrication degradation with storage solutions
11/01/2021 by Mark
How you store oil, greases and other lubricants can have a significant impact on their longevity. This makes identifying the best storage solutions absolutely essential for any enterprise operating mechanical
Saudi Arabia to cut oil production
10/01/2021 by Richard
The latest meeting of the OPEC+ group ended with a surprise twist – Saudi Arabia will cut its oil production to allow Russia to make modest
How equipment owners can benefit from a rust protection plan
09/01/2021 by OilStoreAdministrator
Planning out a schedule for applying rust protection measures is always advised for those operating machinery with parts that contain iron alloys like steel. Whether you drive a passenger car, commercial vehicle or you employ…
Russia clashes with OPEC over oil demand
08/01/2021 by Mark
In the first meeting of the OPEC+ group this year, the participating oil producing countries initially failed to come to an agreement over production levels next month, with Russia and Saudi Arabia, the group’s biggest…
Exploring Castrol lubrication
07/01/2021 by Richard
A British-based brand of lubricants serving both automotive needs and industrial sectors, Castrol has now become a household name, synonymous with premium performance and dependability. Today, Castrol manufactures an extensive and diverse range of greases…
Cambodia begins oil production
06/01/2021 by OilStoreAdministrator
In the run up to the new year, the Prime Minister of Cambodia, Hun Sen, announced that the country had become an
Crucial lubricants for the metalworking industry
05/01/2021 by Mark
Industrial enterprises that use metalworking as part of their production processes understand the exacting demands on both machinery and those who use it in such operations. For an effective production process, it is absolutely essential…