BP reports strong second-quarter earnings
10/08/2021 by Mark
Energy company BP has joined a number of oil companies in posting earnings that were greater than expected for quarter two thanks to
Fuchs widens carbon-neutral goal
08/08/2021 by OilStoreAdministrator
While lubricant maker Fuchs’s manufacturing facilities have been running on a basis that is carbon neutral, it has announced it will extend this ambition to all its joint ventures and non-production holdings, regardless of the…
Shell courts buyers for its Permian assets
06/08/2021 by Richard
Bloomberg reports that potential suitors have been invited to consider purchasing Shell’s assets in the US Permian Basin, which largely drove the resurgence in US oil production in recent years and is currently responsible for…
Shell delivers positive news to investors
04/08/2021 by Mark
After being forced to withhold dividends during the COVID-19 pandemic, Shell has marked a return to relative normality with greater profits, enabling it to pay higher
Valvoline publishes CSR report for 2020
02/08/2021 by OilStoreAdministrator
US-based Valvoline has published its 2020 Corporate Social Responsibility (CSR) report, which details how well the company performed last year in aspects of sustainability, citizenship, diversity, inclusion and
Exxon Mobil recruits new female top-level executive
30/07/2021 by OilStoreAdministrator
Exxon Mobil has appointed Kathyrn Mikells as its new Chief Financial Officer, making her the first top-level executive to be recruited externally, as well as the first female one.
Shell to appeal climate change ruling
26/07/2021 by Richard
Anglo-Dutch energy company and lubricant maker Shell has announced its intention to appeal a decision by a Dutch court that requires it to cut its carbon emissions sooner than
HollyFrontier to showcase lubricants at Las Vegas
22/07/2021 by Mark
HollyFrontier Lubricants & Specialties is to showcase its range of Petro-Canada greases and oils at MINExpo International, which is to be held in
Morris recruits heritage railway engineer
20/07/2021 by Richard
The Shrewsbury-based Morris Lubricants has a new Heritage Account Manager – Simon Holroyd, who has worked on a number of heritage railway projects.
Drain intervals could be extended for high-speed engines
18/07/2021 by OilStoreAdministrator
Data from lubricant maker Mobil reveals that some operators may be unnecessarily changing the oil in the engines of their high-speed marine vessels, which in turn increases their costs for lubricant supplies, routine maintenance and
Brazil to become world’s fifth-largest oil exporter
16/07/2021 by Mark
According to Bento Albuquerque, the Brazilian Mines and Energy Minister, Brazil is set to become the world’s fifth-largest exporter of oil by
Higher prices may trigger increase in US oil production
14/07/2021 by Richard
According to the latest short-term outlook from the US Energy Information Administration (EIA), US oil production may start to regain some of its recent losses if oil prices continue