May 2026

Shell intends to sell its network of around 60 petrol stations on French motorways, Les Echos newspaper reported, citing documents the company shared with employees and suppliers. Shell declined to comment on the

Wärtsilä Corporation will invest approximately EUR 90 million (approximately USD 104.7 million) to expand its technical production capacity by a further 30% at its Sustainable Technology Hub (STH) in Vaasa, Finland, and across its associated global supply chain. The announcement

Fuchs Lubricants South Africa has opened a new branch in Polokwane, marking a significant step in the company’s ongoing national expansion and reinforcing its commitment to supporting key industrial

Repsol has begun large-scale production of 100% renewable fuels at its Puertollano Industrial Complex in the province of Ciudad Real, Spain, marking the start of operations at the company’s second plant on the Iberian Peninsula dedicated exclusively to renewable fuel

Saudi Aramco Base Oil Co. (Luberef) built new marketing channels through Oman and Fujairah, United Arab Emirates (UAE), in response to regional tensions that disrupted its supply routes, President and CEO Samer Al-Hokail told Al Arabiya, as reported by Argaam.

Saudi Arabian Oil Company (Aramco) and Petroliam Nasional Berhad (PETRONAS) have signed an agreement to transfer Aramco’s equity stakes in Pengerang Refining Company Sdn. Bhd. and Pengerang Petrochemical Company Sdn. Bhd. — collectively known as PRefChem — to PETRONAS, ending

Saudi Aramco has entered talks with Turkish conglomerate OYAK, the Turkish Armed Forces Pension Fund (OYAK), over a potential equity stake in GuzelEnerji, the group’s fuel distribution subsidiary, Anka News Agency reported. Ugur

Indonesia will mandate the use of gasoline blended with 5% ethanol (E5) in selected regions from July 2026, the Ministry of Energy and Mineral Resources (ESDM) announced, according to ANTARA

Mega First Corporation Bhd’s 50%-owned oleochemical joint venture (JV), Edenor Technology Sdn Bhd, has voluntarily applied for judicial management — a form of court-supervised debt restructuring — according to a Bursa Malaysia bourse filing on 20 May 2026. The application

Castrol India has appointed Anoop Jindal as vice president, business-to-business (B2B) Sales — original equipment manufacturer (OEM) and South Asia,