Hess shareholders to approve Chevron acquisition
06/06/2024 by Richard
The shareholders of oil company Hess Corporation have given their approval to the all-stock acquisition by Chevron, which is said to be worth $53 billion.
Saudi Aramco aims to reach net-zero
05/06/2024 by Richard
Saudi Armaco, the mostly state-owned oil company of Saudi Arabia, has said that it intends to reach net-zero by 2050 without sacrificing its production of crude oil and natural gas.
A guide to wire rope lubricants
05/06/2024 by OilStoreAdministrator
Cable or wire rope is an integral part of many machines and structures, including cranes, lifts, shovels, drilling rigs, and suspension bridges. These are used in industries such as
Paratherm EC System Cleaner
05/06/2024 by Mark
Large systems that are in continuous operation often rely on heat transfer fluids (HTFs) for processes like
Paratherm NF HTF
04/06/2024 by OilStoreAdministrator
The Paratherm NF heat-transfer fluid (HTF) is premium food-grade fluid that is suitable for a range of
OPEC still optimistic about oil demand growth
04/06/2024 by OilStoreAdministrator
Addressing the Economic Commission Board of OPEC at its 141st meeting, OPEC boss Haitham Al Ghais said that he expected robust growth in the demand for crude oil.
Factors to consider when selecting a refrigeration compressor oil
04/06/2024 by Mark
This guide offers information about refrigeration compressors and the oil required to provide effective lubrication. When selecting the appropriate refrigeration compressor oil, it is essential to
TotalEnergies makes FID on Brazilian projects
03/06/2024 by Mark
Together with partners, TotalEnergies has committed to a final investment decision (FID) for the second phases of development for the Sépia and Atapu fields.
May saw UK manufacturing industry bounce back
31/05/2024 by Richard
The S&P Global UK Manufacturing PMI rebounded back into positive territory in May at 51.3, which is also a 22-month high.
Chevron celebrates 25 years of venture division
30/05/2024 by OilStoreAdministrator
US oil major Chevron is celebrating the 25th anniversary of Chevron Technology Ventures (CTV), its venture capital arm for investing in emerging technologies.
Fuchs launches PFAS-free alternative grease range
29/05/2024 by Mark
Independent lubricant maker Fuchs has announced the release of its new RHEOLUBE 460P series of greases, based on polyalphaolefins (PAO).
TotalEnergies and Petronas announce FID for Angola project
28/05/2024 by Richard
Oil companies Petronas and TotalEnergies have announced that they have made their final investment decision (FID) for the Kaminho project offshore of Angola.