Oil companies experiment with cost-saving technologies
21/10/2016 by Richard
Oil giants including Chevron, Statoil and Royal Dutch Shell, the latter of which manufactures Shell Tellus S2 M 46, are experimenting with several technologies, including drill design and drones, in a bid to
Investors regain interest in US oil
18/10/2016 by OilStoreAdministrator
Investors are renewing their interest in US oil and gas properties that are deemed to come with more risk, as the rebound in crude oil prices boosts hopes that the oil industry faces a more…
Iraqi oil minister wants to up output in 2017
15/10/2016 by Mark
In a statement released on Sunday, October 9, the Iraqi oil minister encouraged oil and natural gas producers with operations in the country to
Tips for machine inspection preparation
14/10/2016 by Richard
Inspection should be of the utmost importance to anyone who runs industrial machinery for any reason. It is the foundation of several important things, including machine reliability and condition monitoring, which is why we should…
Three important hydraulic reliability checks you need
12/10/2016 by Mark
Although it is fair to say that preventative maintenance and reliability procedures play an important part in keeping hydraulic systems in tip-top shape, alone they are not enough to ensure that you will be free…
Libya increases oil exports
12/10/2016 by Richard
Just over a week after the Organization of Petroleum Exporting Countries (OPEC) came to an agreement in regards to reducing global oil supplies, Libya has
How ultrasound can improve lubricant practices
10/10/2016 by OilStoreAdministrator
You might think that taking care of your lubricant is as simple as adding the right amount when it is needed, but you would be wrong. Ensuring that your lubricant stays in good condition is…
BP buys Iranian oil for first time since ban lift
09/10/2016 by Richard
Worldwide Oil Giant BP has recently purchased a quantity of natural gas condensate from Iran’s state-owned oil company, marking the first time it has done so since sanctions upon the Middle Eastern country were removed…
OPEC deal causes Shell shares to soar
08/10/2016 by Mark
Shares in oil giants Royal Dutch Shell, which produces Shell Tellus S2 M 32, and fellow oil big-hitter BP, have surged following an agreement between the biggest oil producing companies to cut production of oil…
Study shows effective lubrication is beneficial for mining industry
07/10/2016 by OilStoreAdministrator
Mining companies are seriously undervaluing the level of savings they could make with effective lubrication, according to a new study conducted by Shell Lubricants, producer of Shell Gadus S2 V100 3. Although almost two thirds…
Three bearing lubrication mistakes
06/10/2016 by Richard
Friction enables us to do everything from drive a car to simply walk to the shops. However, when it comes to operating plant machinery, friction can present us with as many problems as it does…
Russia breaks oil output record
06/10/2016 by Richard
Russian oil output rose by nearly 4% in the month of September – the equivalent of 11.11 million barrels per day – breaking a new record for post-Soviet output levels. The figure is expected to