I have been using Boelube for years as an alternative to oils. I still use oil for some things like tapping some metals and hole sawing thicker metals.
I love this stuff, it keeps all of my projects, benches and floor from getting covered in oil. If you don't use anything because of the mess this stuff is a great alternative.
It comes in several forms but I use the solid stick the most. It works great on all of the metals I have used it on. I usually put the stick against my drill bit or cutting tool once it gets warm so it melts and I try to put some on the bit after my last hole so it hardens on the end for next time.
You can also center punch your hole locations and rub it on like a crayon. I have used it on jig saw blades to cut thin aluminum and hole saws once they get a little warm.
I have drilled a ton of holes in aluminum sheet and it is very noticeable when I use it, even though aluminum is easy to drill, this stuff makes it easier.
The paste is great for tapping except the chips stick to the tap a bit more than oils. I have used the paste for form tapping tons of holes, just get a bit on your finger and wipe it on the side of the tap. It is also great for drilling because the bit does not need to be warm.
I have used the paste on the bandsaw as a cutting lube, it does not take much, draw your line then make a swipe of the paste right over the line. I have used it to cut aluminum up to 3/4" this with a circular saw, I know that may sound crazy but it works pretty well. I have also used it on my table saw, best to put it on the side that the blade enters on.
I have lubed my home made press brake dies with it, it makes bending noticeably easier. My press brake uses three screw jacks and it cranked by hand so any help I can get pays out.
If you are hole sawing you can swipe it on the hole saw, as the saw heats up more runs down during the cut.