US shale production not set to peak for years
02/07/2024 by Mark
According to analysts at HSBC Holdings Plc., the production of shale oil in the US still has some years of growth left, which may clash with the OPEC+ group’s expectation of a quicker slowdown.
Fuchs UK sees rising turnover and pre-tax profits
01/07/2024 by OilStoreAdministrator
The UK arm of Fuchs, the largest independent provider of ground-breaking lubrication solutions in the world, has reported higher pre-tax profits and turnover for 2023 despite being affected by increasing costs.
How to choose the right turbine oil for your needs
30/06/2024 by Mark
Built-for-purpose fluid solutions, turbine oils are produced by leading lubricant manufacturers.
Paratherm vs other leading heat transfer fluid brand competitors
28/06/2024 by Mark
Affiliated with CPI Fluid Engineering, the Paratherm division of the lubrication leader, the Lubrizol Corporation, is a global provider of high-quality heat transfer fluids (HTFs).
Worley and BP form new partnership
28/06/2024 by Richard
Building on a fruitful collaboration over the course of a decade, Worley and BP have entered into a fresh strategic alliance.
Optilogic to help Castrol optimise supply chain
27/06/2024 by Mark
A leading innovator in supply chain optimisation software, Optilogic, has announced that it will be partnering with Castrol.
A guide to Emkarate RL
27/06/2024 by Mark
Emkarate RL is a range of synthetic polyol ester (POE) based lubricants, which have been specifically engineered for use in air-conditioning and refrigeration compressors that use HFC (hydrofluorocarbons) refrigerants.
Castrol to offer re-refined oil products
26/06/2024 by Mark
When seeking to decarbonise operations, most people think of electrification, but there are ways to improve sustainability without investing in the next generation of equipment.
ExxonMobil to deploy system for vessel monitoring
25/06/2024 by OilStoreAdministrator
Viridien, which was formerly referred to as CGG, has announced that it has sold one of its ground-breaking Marlin vessels to ExxonMobil’s operations in Guyana.
TotalEnergies to purchase green hydrogen from Air Products
24/06/2024 by Richard
Air Products and TotalEnergies have penned an agreement for the supply of green hydrogen to help decarbonise the latter company’s European refineries.
Senegal becomes an oil-producing country
21/06/2024 by Mark
An Australian-based energy company has announced that production has begun at the first offshore oil development in the West African country of Senegal, making it now an oil-producing nation.
Petronas forms partnership with Iceotope for thermal management
20/06/2024 by OilStoreAdministrator
Iceotope, a provider of liquid cooling solutions for data centres, has started a collaboration with Petronas Lubricants International.