UK manufacturing continues to recover
27/06/2023 by Katie
According to the second-quarter Manufacturing Outlook survey published by business advisory and accountancy firm BDO and Make UK, manufacturing sector activity continued to
ExxonMobil negotiating return Guyanese exploration areas
27/06/2023 by Mark
Reuters reports that Guyana is in talks with ExxonMobil about returning some of the oil major’s unexplored areas.
US on track for record oil production
26/06/2023 by OilStoreAdministrator
Crude oil production in the United States has reached 12.4 million barrels per day (bpd). This is according to the
Morris Lubricants sponsors local cricket club
24/06/2023 by Mark
Shrewsbury-based Morris Lubricants has agreed a five-year sponsorship deal with a local cricket club in the Oswestry area.
IEA says global oil demand to peak this decade
23/06/2023 by Richard
In its latest medium-term report, the International Energy Agency has predicted that the growth in the global demand for crude oil will slow in the coming years, with demand potentially peaking in 2028.
Shell and Eneco showcase eco-friendly windfarm plans
22/06/2023 by Mark
Energy firms Eneco and Shell have unveiled their holistic plans for the Ecowende joint venture, with the offshore windfarm promising to work harmoniously alongside nature with minimal effects on local wildlife.
JP Morgan revises down oil price forecast
21/06/2023 by greg
Financial services firm JP Morgan has downgraded its expectations for the price of Brent Crude this year from $90 to $81 per barrel.
FUCHS releases new sustainable grease for trailer axels
21/06/2023 by OilStoreAdministrator
The Mannheim-based FUCHS has announced the release of a new lithium-free calcium sulfonate complex grease for lubricating the axle hubs of truck trailers.
The challenges facing green steel
20/06/2023 by Katie
On May 23, 2023, the Singapore Green Steel Forum hosted a panel to discuss the challenges facing the production and marketing of green steel.
Shell commits to continued oil and gas production
20/06/2023 by Mark
UK-based energy giant Shell has said that it will extend its presence in the upstream sector and grow its gas business.
Shell boss sees long future for natural gas
19/06/2023 by Richard
Wael Sawan, Shell’s chief executive officer, is reportedly making changes to the energy giant’s strategy, with natural gas being seen as having a long future in the global energy mix.
Castrol promotes new brand identity at Automechanika 2023
18/06/2023 by Mark
Prominent lubricant brand Castrol has taken advantage of its presence at Automechanika 2023, which was held at the NEC in Birmingham, to promote a fresh upcoming brand identity for its UK Castrol SERVICE network.