OPEC sees increased production in May despite deal extension
24/06/2017 by Mark
Oil production from OPEC members jumped by 336,100 bpd (barrels per day) in May despite a recent agreement to extend the existing cuts into 2018.
First UK wind farm plugged into battery system
21/06/2017 by Richard
Dong Energy’s Burbo Bank wind farm, located just off the coast of Merseyside, is now the world’s first offshore wind farm to be powered by a battery network.
Scottish wind power sufficient to power 95% of homes in May
15/06/2017 by Mark
Scottish renewables experienced a remarkable month in May with wind power generating enough volume of electricity to power 95% of all homes in Scotland.
A look at oil production in Nigeria
14/06/2017 by OilStoreAdministrator
Nigeria may not be a top-10 oil producer, but it is Africa’s largest at almost two million barrels a day in 2016. While the
Nigeria and Libya will not face production caps yet
12/06/2017 by OilStoreAdministrator
The Secretary General of OPEC has stated it is too early to decide as and when any production cuts should apply to Libya and Nigeria. Both these countries have
What makes up a lubricant?
11/06/2017 by Richard
The bulk of a lubricant is the base oil, which can be vegetable, mineral, or synthetic in nature. Vegetable-based lubricants can offer
Tight oil may take US oil production to record high this year
09/06/2017 by Richard
The resurgence of rigs extracting tight oil, also commonly called shale oil, has the potential to propel US oil production to a new all-time high by the end of this year
A short guide to oil exploration
08/06/2017 by OilStoreAdministrator
While early oil production was mostly aimed at paraffin production, the birth of the automobile industry created a
What is lubrication and why is it important?
08/06/2017 by Mark
Correct lubrication is one of the most important things you can do for your machinery. It’s about more than simply making two
ExxonMobil launches educational video series on grease
06/06/2017 by OilStoreAdministrator
ExxonMobil, which makes greases such as Mobilgrease XHP 222, has launched a series of videos called ‘The Grease Experts’. The videos feature
Two key innovations in oil drilling
05/06/2017 by Richard
The oil industry has come a long way since the Drake Well was drilled in the United States in 1859. In the early days of
OPEC decides to extend cuts for another nine months
03/06/2017 by Richard
OPEC has announced that its existing production cuts will be extended for another nine months after the initial six-month period failed to