Shell outlines five-pronged strategy for carbon neutrality
30/03/2021 by OilStoreAdministrator
Royal Dutch Shell’s vice president for global commercial fuels technologies, Selda Gunsel, has given a webinar in which she outlined Shell’s broad strategy to become a carbon-neutral business by 2050.
Exploring the different lubrication types
29/03/2021 by Mark
Lubricants like oils, greases and fluids are made by leading manufacturers such as Mobil, Q8 and Morris, and they are sold through suppliers to enterprises so they can keep their equipment operating at
EIA anticipates rising oil prices in April
28/03/2021 by Richard
The US Energy Information Administration (EIA) has forecasted in its March Short-Term Energy Outlook that crude oil prices will rise in April, due in part to
How to conserve lubricants in manufacturing
27/03/2021 by OilStoreAdministrator
In a competitive industry such as manufacturing, those running operations can always benefit from reduced running costs. While selecting high-quality oils and greases from leading oil suppliers can offer you lubrication options designed to last…
Aramco looks to China for blue hydrogen production
26/03/2021 by Mark
According to Amin Nasser, the CEO of Saudi Aramco, the world’s biggest oil company is looking to cooperate more with China in areas like the production of ammonia and hydrogen from natural gas, as well…
Shell and Hyundai make low-emissions agreement
24/03/2021 by Richard
Anglo-Dutch oil major Shell and automotive company Hyundai have come to a new agreement to cooperate over the next five years on developing alternatives to internal combustion engines with
Rapeseed oil waste could be used to make lubricant products
22/03/2021 by OilStoreAdministrator
Scientists in Germany have discovered that waste from the processing of rapeseed oil could be used instead of petroleum-based raw materials for making products like food-safe lubricant.
North Sea carbon storage project gets government backing
20/03/2021 by Mark
The UK government has given its backing to the union of three projects concerning carbon capture, use and storage (CCUS) in the Humber and Teesside regions, which together represent
Trading earnings doubled for Shell last year
18/03/2021 by Richard
According to a report from oil major and lubricant producer Royal Dutch Shell, the company’s trading division doubled its earnings to
Microsoft and Total team up to meet sustainability goals
16/03/2021 by OilStoreAdministrator
Tech giant Microsoft and oil major Total have agreed a strategic partnership to advance their shared goal of
Libya aims to raise oil production this year
14/03/2021 by Mark
Speaking to Bloomberg Television in an interview, Mustafa Sanalla, the Chairman of Libya’s National Oil Corporation (NOC), said the country is aiming to increase its oil production to 1.45 million barrels per day
Total’s CEO predicts oil prices
13/03/2021 by Richard
The Chief Executive Officer of Total, Patrick Pouyanne, said on the BFM Business radio station that he does not