Dumarey and Petronas test new hydrogen engine oil formulations
Dumarey Group and Petronas Lubricants International have begun experimental testing of new engine oil formulations
ENEOS said to lead bids for Chevron’s Singapore refinery stake
Japan’s largest oil refiner, ENEOS, is among the leading rival bidders for Chevron’s stake in a
Caltex Lubricants appoints Santy Trading as Bahrain distributor
Caltex Lubricants has appointed Santy Trading as its official distributor in Bahrain, expanding the availability of Chevron’s lubricant products across the kingdom’s
Vietnam to mandate nationwide E10 gasoline sales from June 2026
Vietnam will mandate the nationwide sale of E10 gasoline from June 2026 as part of efforts to reduce emissions and strengthen energy
UPM Leuna biorefinery produces first commercial bio-based chemicals
UPM has produced its first commercial product at its Leuna biorefinery in Germany, marking a key step in the company’s move to scale up industrial production of wood-based chemicals. UPM is a global materials company focused on renewable fibres,
CPP Investments to acquire indirect minority stake in Castrol
Canada Pension Plan Investment Board (CPP Investments) has agreed to acquire an indirect, non-controlling interest in Castrol as part of a transaction valued at approximately USD
bp announces sale of 65% stake in Castrol to Stonepeak
After months of speculation, bp announced on December 24 that it has agreed to sell a 65% shareholding in Castrol to infrastructure investment firm Stonepeak at an enterprise value of USD 10 billion. The transaction will generate net proceeds of
Bangchak launches used cooking oil collection pilot for SAF
Thailand’s Bangchak Corporation Public Company Limited has launched a pilot programme to collect used cooking oil for sustainable aviation fuel (SAF) production, following a partnership
Mitsui Chemicals, Idemitsu and Sumitomo agree polyolefins integration
Mitsui Chemicals, Idemitsu Kosan and Sumitomo Chemical have concluded a definitive agreement to integrate Sumitomo Chemical’s polypropylene (PP) and linear low-density
EticaAG and Shell partner on battery immersion cooling technology
EticaAG and Shell U.K. Limited have formed a strategic collaboration to advance battery immersion technology for next-generation energy storage systems, aiming to address safety and thermal management challenges facing grid and industrial