ExxonMobil unveils five-year plan to boost oil output
30/12/2024 by OilStoreAdministrator
A spokesperson for ExxonMobil, operator of the Mobil lubricants brand, stated that the company aims to increase its annual budget for project spending to between $28 and $33 billion.
Valvoline poised for expansion through retail growth
27/12/2024 by Mark
Lube manufacturer Valvoline has announced new plans for substantial expansion in 2025.
Fuchs strengthens its position in South Africa for 2025
26/12/2024 by Richard
After completing a new investment initiative, the South African business division of Fuchs lubricants is well placed for the year ahead.
Aviation lubricant market to show impressive growth by 2031
25/12/2024 by OilStoreAdministrator
A new study of the aircraft lubricant industry has uncovered that the market is set to see outstanding growth in the next six years.
US waste expert signs up to Castrol programme
24/12/2024 by Mark
National Phoenix-based waste and recycling company, Republic Services, has now joined a brand-new lubricants recycling program organised by leading lubricant manufacturer, Castrol.
Fuchs joins forces with US university for wind energy solutions
23/12/2024 by Richard
Fuchs lubricants recently announced a new partnership with Clemson University in South Carolina, with the aim of developing sustainable and innovative solutions for
ExxonMobil restates investment intent for carbon capture in Indonesia
20/12/2024 by OilStoreAdministrator
Oil and gas titan ExxonMobil has provided further confirmation of its promise of a huge $15 billion investment in Indonesia.
Castrol India names new chairman
19/12/2024 by Mark
The India division of lubricant manufacturer Castrol recently announced an important change in leadership at board level.
Equinor and Shell combine UK assets
18/12/2024 by Richard
Following a new agreement, gas and oil titans Equinor and Shell will now combine the offshore UK assets they hold in the North Sea.
Nynas aids Estonia air base upgrade
17/12/2024 by OilStoreAdministrator
Crude oil company and lubricant maker Nynas recently played a pivotal role in the update of an air base in Estonia.
Lubricant packaging market to expand dramatically by 2034
16/12/2024 by Mark
A recent study has assessed that the global lubricant packaging market size is set to scale up to reach 24.58 billion US dollars by 2034.
Petronas awards production to share contracts
13/12/2024 by Richard
A leading manufacturer of industrial and agricultural oil, Petronas, recently announced contracts granted for offshore fossil fuel discoveries.