Goldman analysts raise oil price forecast for next year
12/12/2017 by Richard
Following surprisingly robust commitment for extending the OPEC-led production cuts, analysts at Goldman Sachs have revised
OPEC production caps to continue to end of 2018
09/12/2017 by Richard
OPEC, and its oil-producing allies outside of the organisation, met in Vienna to agree to extend the current production caps to
ExxonMobil begins production at Hebron field
06/12/2017 by Mark
ExxonMobil, the oil giant that also produces industrial lubricants for Mobil UK stockists, has announced that production has begun at its offshore Hebron field. The field lies some
Q & A for Mobil distributors in the UK
05/12/2017 by OilStoreAdministrator
Industrial lubrication is not always a simple matter, so here are answers to some questions that you may be tempted to ask Mobil distributors in the UK.
General recruited to head Venezuela's oil company
03/12/2017 by OilStoreAdministrator
Nicolas Maduro, Venezuela’s president, has appointed Major General Manuel Quevedo to head the state-owned PDVSA as part of what the president claims will be “a new oil revolution” aimed at combatting the corruption that has
Report cites economic potential of wind and solar farms
30/11/2017 by Richard
It is no secret that the cost of renewable energy has been tumbling in recent years, but a recent report published by financial firm Lazard Ltd. has reached the conclusion that building new solar and…
New technology you may see from Mobil industrial lubricants distributors in future
28/11/2017 by Richard
The lubricants industry is certainly not a static one. As technological advances in industrial machinery create ever greater demands, manufacturers have stepped in with new lubricants that can perform in heavy-duty applications and
Data shows ExxonMobil and other majors taking backdoor to Permian
27/11/2017 by Mark
The rising costs of accessing the Permian Basin in Texas are leading some oil companies to take a geological backdoor through the
Facebook to run data centre on wind power
24/11/2017 by Richard
Social media platform Facebook has agreed to buy enough wind power to fully supply the energy needed for its Papillion, Nebraska data
IEA November report points to weaker than expected demand
21/11/2017 by Richard
The November Oil Market Report from the Paris-based International Energy Agency has been published, with the highlights including weaker forecasted demand growth and an increase in non-OPEC oil production.
Daimler and HPE look to hydrogen fuel cells for data centres
18/11/2017 by Richard
Hydrogen fuel cells may be more associated with powering automobiles, but Daimler has announced—in association with HPE, the National Renewable Energy Laboratory, and
US weekly oil production hits record high
15/11/2017 by Mark
The US Energy Information Administration has released preliminary data that shows the week ending Friday, November 3 setting a