Humber and North East benefit from oil and gas sector
07/07/2022 by Mark
New research from Offshore Energies UK (OEUK) has revealed that the oil and gas industry adds some £1.5 billion to the economy in Yorkshire and the Humber and
Global energy demand exceeded pre-pandemic levels in 2021
06/07/2022 by OilStoreAdministrator
In its Statistical Review of World Energy 2022, BP points out that the global demand for primary energy in 2021 was 1.3% higher than before the COVID-19
UK start-up wins funding for Europe’s first lithium refinery
06/07/2022 by greg
In a development that could help secure the future of the UK automotive sector, Livista Energy has received funding from the Advanced Propulsion Centre, a government-sponsored institution, to develop its plans for building a
Shell contracts Maersk for North Sea drilling
05/07/2022 by Richard
UK-based energy major Shell has agreed a contract with Maersk Drilling to drill one of Shell’s prospects in the
CMA CGM and Shell agree collaboration on marine decarbonisation
04/07/2022 by Mark
Energy giant Shell and shipping company CMA CGM have agreed a new partnership with the aim of speeding up the decarbonisation process in the marine
US shale producers start to “re-frac” wells
03/07/2022 by Mark
Oil producers in the US shale industry have started returning to existing wells and giving them a second blast at high pressure in order to extract more oil from them, a process that has come…
What are biodegradable lubricants?
01/07/2022 by OilStoreAdministrator
Biodegradable lubrication oils may have been around for years, but due to changes in environmental legislation, a more responsible stance on sustainability and current market conditions, interest has grown in these products. In this article,…
CNOOC opens intelligent facility for making oil and gas equipment
01/07/2022 by Richard
China National Offshore Oil Corporation (CNOOC), China’s biggest offshore hydrocarbons producer, made a step towards digitalising the manufacture of marine gas and oil extraction equipment by opening its first intelligent factory in Tianjin municipality
Britishvolt extends partnership with University of Warwick
30/06/2022 by Katie
Following the success of a 12-month project involving Britishvolt and the Warwick Manufacturing Group (WMG) at the University of Warwick, the two organisations have agreed a multi-million-pound deal for a new
What is mould release oil?
30/06/2022 by Mark
Moulding represents one of the most vital stages in any construction project. As a result, this process requires built-for-purpose and high-quality materials to ensure that the highest standard of work can be successfully achieved. To…
BP pays tax again on North Sea production
30/06/2022 by Richard
According to BP’s latest report on payments to governments, BP’s North Sea oil and gas business again became a net payer of tax in 2021, with it paying almost
The importance of lubrication for machine reliability
29/06/2022 by OilStoreAdministrator
Lubrication-related mechanical failures are among the most preventable type of problems experienced by operations. As a result, it makes sense for firms to always give this important process the attention it requires. While oils and…