BP signs 10-year contract for recycled feedstock
12/05/2022 by OilStoreAdministrator
The UK-based Clean Planet Energy and energy company BP have come to an agreement to supply and purchase feedstock and ultra-low sulphur diesel (ULSD) derived from
Commercial vehicle production highest in over a decade
12/05/2022 by Mark
The UK’s production of commercial vehicles saw its greatest March in over 10 years, with British factories churning out over 10,000 coaches, buses, trucks, vans and taxis, taking the
US to buy crude to encourage greater production
11/05/2022 by Richard
The US Department of Energy (DoE) has unveiled a new plan to encourage greater domestic US oil production by signalling to operators that it will purchase crude oil in
BP and EnBW choose Ventus for offshore wind projects
10/05/2022 by Mark
Energy giant BP and EnBW have chosen Ventus International as the contract resource provider for their UK offshore wind projects, which together will
Guyana to use oil wealth to transform economy
09/05/2022 by OilStoreAdministrator
The small South American nation of Guyana, which currently has the world’s fastest growing economy, is planning to avoid the curse that often accompanies the discovery of oil wealth by transforming into a
UK manufacturing shows modest growth
09/05/2022 by greg
Despite the challenges facing the UK manufacturing industry, it has managed to grow modestly, according to April’s seasonally adjusted S&P Global / CIPS UK Manufacturing PMI, which rose from
What are the functions of a metalworking lubricant?
07/05/2022 by Katie
Metalworking fluid, also known as MWF for short, is the name for a range of liquids, oils and greases that are designed to lubricate and/or cool metal workpieces during machining, grinding, milling and other processes.…
Further government support announced for energy-intensive industries
06/05/2022 by Mark
The UK government has announced a three-year extension to its Energy Intensive Industries Compensation Scheme, which seeks to support energy-intensive industries during a period of high energy costs by compensating them for those higher costs…
BP pledges billions in UK investment
06/05/2022 by Richard
British-based energy major BP has said it will invest £18 billion in UK projects over the coming eight years, including oil and gas
Chevron further raises Permian production target
05/05/2022 by Mark
US-based oil major Chevron has announced that it is raising its targeted daily production in the Permian Basin to 725,000 barrels per day (bpd) of crude oil, a 15% increase on last year, compared to…
The importance of industrial lubrication
05/05/2022 by greg
Modern industry is driven by mechanical solutions that allow companies to remain ahead of their competition. To appreciate the benefits of machinery and equipment, industrial enterprises must ensure it is always operating at optimum performance.…
BP partners with Volkswagen for rapid EV charging
04/05/2022 by OilStoreAdministrator
Energy giant BP and automotive manufacturer Volkswagen have entered into a strategic partnership to roll out fast chargers for electric vehicles (EVs) across Europe. By 2024, the two firms expect to have installed some 8,000…