Petronas to invest in new green platform
06/11/2023 by OilStoreAdministrator
The state-owned Malaysian oil producer Petronas is set to join forces with the founders of renewable energy company Greenko Energy Holdings, and GIC, the sovereign wealth fund of Singapore.
BP boss plays down talk of a takeover
06/11/2023 by greg
Murray Auchincloss, the acting CEO of energy giant BP, has dismissed speculation that his company could be
The different types of greases and when to use them
05/11/2023 by OilStoreAdministrator
Lubricating greases are used to keep equipment, machinery, vessels and vehicles and their components protected, clean and moving properly. However, various grease products have been
Exxon and Chevron post lower-than-expected profits
03/11/2023 by Mark
Both Chevron and ExxonMobil have posted profits for the third quarter that were below market expectations, amid a backdrop of
Equinor increases oil production by 13%
03/11/2023 by Richard
The state-owned Norwegian energy company Equinor has reported that its oil production in the third quarter of this year increased by 13% compared to the same period last year.
EIA: Limited scope for increased Venezuelan oil production
02/11/2023 by Mark
The US Energy Information Administration has released an assessment of how crude oil production may increase in Venezuela.
TotalEnergies and ExxonMobil among bidders for Guyana blocks
01/11/2023 by OilStoreAdministrator
Reuters reports that oil majors TotalEnergies and ExxonMobil are among the consortia that have placed bids in the inaugural competitive auction for shallow-water exploration blocks offshore of Guyana.
What are industrial lubricants & how are they used?
01/11/2023 by Katie
If you need information on industrial lubricants and their use, look no further. In this in-depth article, we put these built-for purpose products under the microscope explaining what industrial lubricants are and the ways they…
BP licenses blue hydrogen technology for H2Teesside
31/10/2023 by Richard
BP has agreed a licensing and engineering deal that will allow it to use blue hydrogen technology from Johnson Matthey (JM) in its H2Teeside project.
What happens when you mix coolants?
31/10/2023 by greg
Engine coolant in vehicles should be checked at least twice a year. Ideally, this should happen just before the two
TotalEnergies releases third season of carbon neutral programme
30/10/2023 by Mark
France-based TotalEnergies has announced that the third season of its programme “The Roads to Carbon Neutral”, which it produces with CNBC Catalyst, is now available for streaming.
Chevron to buy Hess
30/10/2023 by Mark
US-based oil major Chevron has announced that it has come to a definitive agreement to acquire Hess Corporation in its entirety for