Total completes sale of North Sea assets
08/08/2020 by OilStoreAdministrator
Energy company Total has successfully finalised the sale of oil and gas assets on the UK Continental Shelf (UKCS) to Neo Energy, which was created last year with the backing of
What is cutting fluid used for?
07/08/2020 by Richard
Cutting fluid is an industrial lubricant that is readily available from leading manufacturers including Houghton, Fuchs, and Mobil. Designed to improve the performance of equipment and extend its life, this multi-purpose cutting oil is essential…
Total and Shell avoid Q2 losses
06/08/2020 by Mark
Oil majors Total and Royal Dutch Shell have beat analysts’ expectations by posting modest profits. Given the drastic drop in demand for oil since nations around the world initiated coronavirus lockdowns, the two firms had
Understanding compressor oil
05/08/2020 by OilStoreAdministrator
A mechanically complex piece of equipment, to function effectively, compressors cannot be lubricated by just any type of oil. Compressor oil has been specially developed over time, combining in-depth research and testing to create additives…
FUCHS launches new commercial engine oil
04/08/2020 by Richard
Lubricant maker FUCHS has launched a new commercial vehicle oil aimed at MAN Euro VI-d engines. The new oil meets the M 3977 specification that MAN published to go with
What is commercial vehicle oil?
03/08/2020 by Mark
From lubricant designed for classic and passenger cars to those developed with transmissions in mind, there is an extensive array of automotive oils now available. Today’s cutting-edge vehicle oils have been specifically created to cope…
Prax Group agrees to buy Total’s Lindsey Oil Refinery
02/08/2020 by OilStoreAdministrator
French oil company Total, which produces industrial products such as slideway oil and cutting fluid, has agreed to sell its Lindsey Oil Refinery in Lincolnshire to
Key qualities to consider when selecting agricultural oil
01/08/2020 by Richard
From hay and foraging machines to tractors and harvesters, all mobile and stationary farming equipment require agricultural oil to keep running. Designed by expert manufacturers such as Q8 and Mobil, dedicated agricultural oils have been…
Reliance becomes second largest energy company
30/07/2020 by Mark
India’s Reliance Industries recently became the world’s second largest energy company by market capitalisation, overtaking
Oil and gas experts join new renewables partnership
28/07/2020 by OilStoreAdministrator
The Oil & Gas Technology Centre (OGTC) has joined forces with ORE Catapult, a research body for offshore wind power, in a new five-year research and development partnership to look at ways to speed up…
Chevron uses solar power to pump oil
26/07/2020 by Richard
US oil major Chevron has found a novel use for solar power, namely to pump oil from its Lost Hills field in California, which produces
Pre-COVID US oil demand to return next year
24/07/2020 by Mark
According to the US Energy Information Administration (EIA), US oil demand will return to the 2019 average of 20.5 million barrels per day (bpd) by August 2021. The US is the world’s largest consumer of…