ExxonMobil approves sixth Guyana oil project
22/04/2024 by Richard
US-based oil major ExxonMobil has revealed that it has made its final investment decision for the Whiptail project, which will be its sixth offshore of Guyana.
Chevron pledges $3 million for flood relief in Kazakhstan
19/04/2024 by OilStoreAdministrator
US-based oil major Chevron has announced $3 million in funding for relief efforts in Kazakhstan, where communities have been affected by widespread flooding.
Hedge fund giant predicts tight oil market this year
18/04/2024 by Mark
According to hedge fund Citadel’s head of commodities, the market for crude oil will become “extremely tight” later this year.
OPEC+ to keep oil production steady
17/04/2024 by Richard
At its latest meeting of the Joint Ministerial Monitoring Committee (JMMC), a panel of ministers from oil-producing countries participating in the OPEC+ deal decided to
Strategic business partnership announced between two industry giants
16/04/2024 by OilStoreAdministrator
Automotive maker Mercedes-Benz AG and independent lubricant supplier Fuchs SE have agreed a collaboration contract.
Shell and Ducati to extend partnership
15/04/2024 by Mark
Shell Lubricants and Ducati have announced that their global partnership is to be extended by a further three years.
Chevron to invest in carbon capture technology
12/04/2024 by Richard
The alternative energy division of Chevron, Chevron New Energies (CNE), has announced that it will become a lead investor in
Chevron charters its first hybrid refuelling barge
11/04/2024 by OilStoreAdministrator
In a first for the US-based oil major, Chevron has commissioned a hybrid refuelling barge for its bunkering operations in
What oil do you use for a diesel engine?
11/04/2024 by OilStoreAdministrator
Diesel engines can only run smoothly with the right motor oil.
TotalEnergies turns 100 years old
10/04/2024 by Mark
The France-based energy company TotalEnergies is celebrating its centenary this year after 100 years of operation.
The different types of refrigeration oils
10/04/2024 by Richard
A variety of built-for-purpose refrigeration oils are available today, designed to work with different kinds of systems.
A guide to food grade lubricants
09/04/2024 by Mark
Food grade lubricants are essential for food safety. Unlike other lubricants, food grade lubricants cannot contaminate food during processing.