OGUK sets out its decarbonisation plans
08/02/2020 by Richard
Oil and Gas UK (OGUK), which represents the UK oil and gas industry, has presented its plans for decarbonising the sector in response to the net-zero emission goals set by the UK and Scottish governments.…
US expected to soon become net oil exporter
06/02/2020 by Mark
The US Energy Information Administration (EIA) has published its 2020 Annual Energy Outlook. It predicts that the US will become a net exporter of crude oil and derived products this year as production continues to
The seven most commonly believed myths about oil
05/02/2020 by Mark
Oil and other fossil fuel products, such as natural gas, get a mixed press. There’s no doubt that oil is useful; it powers our vehicles and keeps the wheels of industry turning. Natural gas is…
OPEC set to prolong cuts through June
04/02/2020 by OilStoreAdministrator
Reuters is quoting sources within OPEC as saying that the cartel wishes to extend its production cuts at least to June, with deeper cuts also being on the cards if demand falters. The development has
Which countries have the most oil?
03/02/2020 by OilStoreAdministrator
Which countries, on the planet, are the biggest producers of oil? Many of us will think of the Middle East when oil is mentioned. This is understandable, as in fact one of the manufacturers of…
Improved well efficiency boosted US oil output last year
02/02/2020 by OilStoreAdministrator
The US Energy Information Agency (EIA) has said that the efficiency of oil production from new wells in tight formations, which is commonly referred to as shale oil, increased for the 10th year running in…
Everything you need to know about motor oil
01/02/2020 by Richard
Whether you’re a die-hard petrolhead or you simply see your car as a means of getting from one place to another, it’s important to acknowledge just how important looking after your vehicle’s engine is. Anyone…
What is the difference between DTE 24 and DTE 25?
31/01/2020 by Mark
Mobil DTE 24 and Mobil DTE 25 are part of the oil giant’s 20 series of high-quality hydraulic lubricants with anti-wear properties. All of these
ExxonMobil and Red Bull Racing extend partnership
30/01/2020 by Richard
The Formula 1 Aston Martin Red Bull Racing team and ExxonMobil have renewed their collaboration with a new multiyear agreement. In addition to staying on as
What is Mobil Unirex N3 used for?
29/01/2020 by OilStoreAdministrator
Mobil Unirex greases are high-quality products suitable for use at elevated temperatures in rolling element bearings. These lithium complex lubricants can be used for a variety of industrial applications; in particular they are
Civil engineering company sees benefits of Shell Rimula
28/01/2020 by Mark
AWJ Civil, an Australian company that specialises in environmental remediation and civil engineering work, has decided to
OPEC likely to continue cuts in 2020
26/01/2020 by OilStoreAdministrator
According to the head of Wood Mackenzie’s refining and oils market team in Asia, Sushant Gupta, OPEC looks set to continue its