BP CEO sees demand for oil growing
14/06/2021 by OilStoreAdministrator
Bernard Looney, the Chief Executive of BP, has said that he expects a strong and long-lasting recovery in the demand for crude oil, combined with continued restraint from
Shell chair chosen to lead innovation agency
12/06/2021 by Mark
Sir Andrew Mackenzie, who is currently the company chair of Shell, has been selected as the favoured candidate to lead the UK Research and Innovation (UKRI) agency. If his appointment is confirmed by the House…
Shell recruits new partner for hydrogen project
10/06/2021 by Richard
The Anglo-Dutch energy company Shell has contracted Worley, an Australian engineering company, to support its development of a new
How did Morris Lubricants mark 150 years of excellence?
09/06/2021 by OilStoreAdministrator
Morris Lubricants has an esteemed heritage. From its humble origins in the 19th century, it has risen to become one of the biggest lubrication
OPEC+ holds steady on oil production
08/06/2021 by Mark
Oil prices received a boost following June’s meeting of the OPEC+ group, after it announced that it was not going to revise its planned increase of 840,000 barrels per
Taking a sustainable approach to lubrication
07/06/2021 by Richard
Enterprises around the globe are now under increasing pressure to adopt more sustainable methods onsite in line with goals to tackle climate change and reduce emissions. Forward-looking businesses are now using more eco-friendly processes and…
BP to enhance North Sea oil production
06/06/2021 by OilStoreAdministrator
Oil major BP is to partner with Norwegian company Oldfjell Drilling and Baker Hughes to improve its production at the biggest oil field in the
Understanding the advantages of lubricating grease
05/06/2021 by Mark
From gearboxes and gear wheels to bearings and chain systems, grease has many different applications. Like oil lubricants, it can seal parts, protecting them from water and corrosion while reducing unwanted friction. However, unlike oils…
Shell to work with American Express GBT on sustainable aviation fuel
04/06/2021 by Richard
Anglo-Dutch oil major shell and American Express Global Business Travel (GBT), which organises travel and meetings for businesses, have announced a collaboration aimed at promoting the availability and use of aviation fuel that
Suncor to cut emissions by a third
02/06/2021 by Mark
Suncor, one of Canada’s biggest oil producers, has said it plans to cut its emissions by a third by the end of the decade, while also increasing its oil production to a record 800,000 barrels…
Why are routine compressor oil changes key?
01/06/2021 by Richard
Cleverly formulated compressor oils are manufactured today by lubrication giants like Mobil, Fuchs and Shell. These built-for-purpose oils are designed to cope with extreme operating conditions, providing premium protection for
Why are rust preventatives crucial for car care?
31/05/2021 by OilStoreAdministrator
Rust is an issue that many car owners don’t consider until it’s too late. Due to their design, many modern vehicles can appear to be in top condition on the surface, but rust has a…