May 2025

Taiyo Holdings Co., Ltd., a Japanese chemical and petroleum group, has received separate buyout proposals from U.S. private equity firm KKR & Co. and Tokyo-based Nippon Sangyo Suishin Kiko Ltd. (NSSK), according to Bloomberg. The offers propose acquiring Taiyo at

Esso SAF has confirmed that its majority shareholder, ExxonMobil France Holding SAS, has entered into exclusive negotiations with North Atlantic France SAS regarding the sale of its controlling stake in Esso SAF

Brenntag SE has announced the appointment of Jens Birgersson as its next chief executive officer and member of the management board, effective 1 September 2025. Birgersson succeeds Dr

Shell Indonesia, a wholly owned subsidiary of Shell plc, has agreed to transfer ownership of its fuel station business (SPBU) in Indonesia to a new joint venture formed by Citadel Pacific Limited and Sefas Group. The transaction, which excludes Shell’s

The European Union’s car market posted a marginal 1.2% decline in new car registrations for the first four months of 2025, compared to the same period last year, according to

Klüber Lubrication has named Christopher J. Licursi as chief executive officer of Klüber Lubrication NA LP, effective 5 May 2025

The Chemours Company has announced a strategic agreement with DataVolt to accelerate the deployment of liquid cooling solutions for next-generation data centres. The partnership aims

Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), the Indian arm of Honda’s global two-wheeler business, is set to boost its production capacity with the addition of a fourth assembly line at its Vithalapur plant

German lubricant company FUCHS is investing more than BRL 220 million (USD 39 million) in a state-of-the-art production facility in Sorocaba, Brazil, as part of its growth strategy for Latin America. The move aims to double the company’s market share

Neste has commenced production of sustainable aviation fuel (SAF) at its upgraded refinery in Rotterdam, The Netherlands, marking a key