Russian oil production may exceed 12 million bpd by 2035
26/12/2019 by OilStoreAdministrator
According to a forecast from Lukoil, the second-largest oil producer in Russia, the country’s combined condensate and oil production may surpass 12 million barrels per day (bpd) by 2035 if global demand continues to grow.…
Shell launches new platform for used oil analysis
24/12/2019 by Richard
Shell Marine, the shipping-oriented arm of oil giant and lubricant manufacturer Royal Dutch Shell, has launched its new next-generation digital platform for used oil analysis. The service has been planned and
Uses of oil within agriculture
23/12/2019 by Mark
Food supply in both the UK and overseas is very much dependent on oil. In part, this is due to the oil used in food processing facilities, but it is also down to the fact…
North Dakota achieves record oil production
22/12/2019 by Mark
Most people probably think about the Permian Basin of Texas and New Mexico when it comes to US shale oil production. North Dakota is also experiencing its own oil boom, though, with its Department of…
ExxonMobil returns to NHRA racing
20/12/2019 by OilStoreAdministrator
After more than two decades of absence, ExxonMobil is bringing its lubricants back to the 2020 Mello Yello Drag Racing Series of the National Hot Rod Association (NHRA), following an agreement to supply lubricants to…
Plant discovery might mean greener industrial catalysts
18/12/2019 by Richard
At the Brookhaven National Laboratory, part of the US Department of Energy, scientists may have made a discovery that may have implications for developing industrial catalysts, and it is based on a newly discovered function…
Fallen leaves causing rail delays
16/12/2019 by Mark
Train passengers have experienced travel delays as the seasonal falling of leaves has caused the usual problem of slippery rails. On Tuesday, December 10, trains were experiencing delays on
Valvoline introduces new fluids for EVs
14/12/2019 by OilStoreAdministrator
Automotive services and lubricant provider Valvoline has launched a new range of products, called the Valvoline EV Performance Fluids, targeted specifically at Electric Vehicles (EVs). According to the
OPEC+ agrees deeper-than-expected production cuts
12/12/2019 by Richard
OPEC and its partners, commonly known as OPEC+, have come to an agreement to extend and deepen the production limits that began in 2017. Under the new deal hammered
UKLA Young Employee of the Year named
10/12/2019 by Mark
The United Kingdom Lubricants Association (UKLA) has named this year’s Young Employee of the Year. The winner is 27-year-old
Suncor predicts higher production next year
08/12/2019 by OilStoreAdministrator
Suncor Energy Inc., an integrated Canadian energy company, has announced that it expects its oil and gas production to rise by 5% next year. It also added that there was
Everything you need to know about Total
07/12/2019 by Richard
Total has produced oil and gas products for almost a century, while also being a stalwart of the British