oil and gas news

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Global Lubricants market Will be Worth $68.54 Billion by 2022

SAN FRANCISCO, July 27, 2015 /PRNewswire/   The Global Lubricants Market size is expected to reach USD 68.54 billion by 2022, according to a new study by Grand View Research, Inc. Growth of automotive industry in emerging markets of Asia Pacific and Latin America is expected to drive automotive lubricants demand. The market is characterized […]

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Britain Awards Oil and Gas license Shell and ENI Successful Bidders

Reuters July 27th 2015 Britain on Monday awarded 41 licenses to drill for oil and gas in the North Sea, the government said, with oil majors Shell and ENI among the successful bidders. The awards marked the end of Britain’s Oil And Gas Authority’s (OGA) latest licensing round. They brought the total number of licenses

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Know how to choose the right engine oil and Lubricants

We have severally condemned people who do not know how to take care of their assets as it pertains to cars, trucks, machinery and heavy equipment, knowing where to go and what to do is important to the continued performance of your assets, wonder why some equipment stay in working conditions longer than others? it

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Party Over as United Arab Emirates removes fuel subsidies

Bloomberg July 22 2015. The free fuel party may be over as the United Arab Emirates, the third-biggest OPEC producer, will link gasoline and diesel prices to global oil markets starting next month, becoming the first country in the oil-rich Persian Gulf to remove transport fuel subsidies. Business chiefs yesterday backed a landmark move to

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