GM to invest USD 4 billion in U.S. manufacturing facilities
General Motors (GM) has unveiled plans to invest over USD 4 billion in its U.S. manufacturing facilities over the next two years. The investment aims to strengthen both electric
INEOS starts advanced recycled plastic production in France
INEOS Olefins & Polymers Europe has commenced production of virgin-quality recycled plastics at its Lavera site in southern France, following the site’s adaptation to process pyrolysis oil derived from post-consumer plastic
Castrol appoints Shalini Kashyap to lead Marine and Energy
Castrol has appointed Shalini Kashyap as the new chief executive officer of its Global Marine and Energy business, reinforcing its commitment to innovation and strategic leadership amid
Daimler and Toyota merge Fuso and Hino in strategic deal
Daimler Truck and Toyota Motor Corporation have concluded definitive agreements to merge their respective Japanese commercial vehicle subsidiaries—Mitsubishi Fuso and Hino Motors—marking the formation of a new heavyweight in Asia’s truck manufacturing landscape. The strategic integration,
Immersion-cooled battery tech boosts future of electric aviation
Engineered Fluids has announced a strategic collaboration with Dovetail Electric Aviation to co-develop an advanced immersion-cooled battery system tailored for electric aircraft. The partnership aims to integrate Engineered
TotalEnergies partners with Mistral AI to drive AI in energy
TotalEnergies has entered into a strategic collaboration with French artificial intelligence (AI) specialist Mistral AI, aiming to enhance digital innovation across its multi-energy operations, particularly in the low-carbon energy sector
Neste and CLG turn waste into renewable aviation and diesel fuels
Neste and Chevron Lummus Global (CLG) have reached a major milestone in the development of a novel technology that converts lignocellulosic waste and residues into sustainable aviation fuel (SAF) and renewable diesel. The collaboration aims to unlock an
Münzing opens new additives plant in South Carolina
Münzing has officially opened a new state-of-the-art production facility in Clover, South Carolina, U.S.A., marking a significant expansion of its operations in North America. The new site strengthens the company’s capacity to manufacture both
ICONIC relaunches Bel-Ray in Brazil to boost B2B lubricants
ICONIC, one of Brazil’s leading suppliers of automotive and industrial lubricants, has announced the reintroduction of the Bel-Ray brand to the Brazilian market through a strategic
EIA forecasts lower oil output and prices, higher power demand
The U.S. Energy Information Administration (EIA) has released its June 2025 Short-Term Energy Outlook (STEO), projecting a moderation in oil prices and domestic crude production amid shifting global supply-demand dynamics and recent policy shifts. The EIA’s energy forecast