BP leverages AI to improve product availability
12/11/2023 by Mark
Oil major BP has come to an agreement alongside Relex Solutions, a specialist in supply chain management, to increase the availability of products while minimising food waste.
Floating windfarms to decarbonise gas and oil platforms
10/11/2023 by Mark
Plenitude (Eni) and HitecVision’s joint venture, Flotation Energy and Vårgrønn, has signed exclusivity agreements to develop two floating offshore windfarms.
US crude production above pre-pandemic levels
09/11/2023 by Mark
According to recent data from the US Energy Information Administration, the production of crude and condensate in the United States surpassed pre-pandemic levels in August.
Petronas discovers oil offshore of Suriname
09/11/2023 by Katie
The Malaysian state-owned energy company Petronas has discovered oil within the Roystonea-1 well while exploring Block 52 offshore of Suriname.
Shell meets profit expectations
08/11/2023 by OilStoreAdministrator
Shell has posted its third-quarter earnings, and with them being roughly in line with analysts’ expectations, it has avoided the drop in share price that BP experienced after it recently announced disappointing financial results.
How to overcome the common misconceptions of lubricants
08/11/2023 by Richard
Lubricants are products commonly used in every industry involving machinery.
TotalEnergies venture produces MENA region’s first SAF
07/11/2023 by Mark
A first for the Middle East and North Africa (MENA) region, the joint venture of TotalEnergies and Saudi Aramco has successfully managed to produce Sustainable Aviation Fuel (SAF) from cooking oil.
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
What are the best heat transfer fluids for liquid cooling?
06/11/2023 by Richard
A heat transfer fluid’s core function is to move thermal energy efficiently from one area of a mechanical system to another, with the aim of either heating or cooling in an industrial process or application.…
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
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.