Oil prices may spike due to lack of discoveries
03/06/2015 by Richard
A top executive at BHP Billiton has warned that oil prices might go up because the industry has not yet invested enough in new sources of supply. Tim Cutt has argued that as the American…
DCC Energy makes major bid to acquire Shell business
27/05/2015 by Mark
Irish firm DCC Energy has made an offer of €464m (£332.3m) to buy Butagaz, the French Liquefied Petroleum Gas (LPG) company owned by Royal Dutch Shell. Shell announced the offer in a press release, adding…
Increased manufacturing output boosts British industry
20/05/2015 by OilStoreAdministrator
It was recently reported that UK factories are playing an important role in the national economy recovery. Plant output has jumped at the same time as oil production has increased. Some manufacturers may therefore
How your business can get the most out of its machinery
14/05/2015 by Richard
Plant machinery is extremely expensive and often vital to the daily running of a business, which is why it is so important that you are able to make the most of the apparatus you own.…
Shell agrees sale of nearly 200 UK petrol stations
13/05/2015 by Mark
Oil industry giant Royal Dutch Shell confirmed recently that it had agreed terms to sell 185 of its petrol stations across Britain, enabling independent forecourt operators to further expand their portfolios. The UK’s largest oil…
When do I need to use food grade lubricants?
12/05/2015 by OilStoreAdministrator
There are so many different types of oils available, with companies like Shell, Fuchs and Mobil all selling several varieties, that it can sometimes be tough to know which lube will be the most suitable…
What is compressor oil and why is it important?
11/05/2015 by Richard
Compressor oil is one of the most important types of lubricant for anyone who wants to maintain their machinery effectively. It is primarily used to prevent wear and tear, as well as to diminish the…
The classes of lubricating oil
10/05/2015 by Mark
Lubricants are one of the most important tools you can use to keep your equipment and engines in tip-top condition. However, it can sometimes be difficult to choose the right one. This is because there…
Choosing the right hydraulic fluid
09/05/2015 by OilStoreAdministrator
In the same way that it is vital you pick the best lubricants for plant machinery, it is important that you should choose the right oil for your hydraulics, if you want equipment to perform…
Multimillion pound boost for UK automotive sector
06/05/2015 by OilStoreAdministrator
The already thriving automotive sector in the UK looks set to obtain a major cash injection, with two overseas investors poised to plough around £650m into it. Jaguar Land Rover, which is owned by the…
Wind power development planned for Lancashire
29/04/2015 by Richard
A landowner based in Stacksteads has submitted a planning application for the building of two wind turbines, which would be located on his farm in the Lancashire village. If permission should be granted, the finished…
Shell awards contract extensions to Subsea 7
22/04/2015 by Mark
Shell Upstream International Europe has announced that it has awarded contract extensions worth approximately $240m to Aberdeen-based engineering firm Subsea 7. The twin contract extensions, which are on a life of field basis, cover the…