Hyrax Oil takes palm-based transformer fluids to Asia
Hyrax Oil Sdn. Bhd., the Malaysian lubricants and transformer-fluids manufacturer, has signed two agreements in Bangkok, Thailand, that open the transformer-oil markets of Thailand, Cambodia, Laos, Myanmar and Vietnam to its Hyrax Estramol ester transformer fluids. Under a distributorship agreement,
TotalEnergies launches Dynatrans AGC transmission oil
TotalEnergies has introduced Dynatrans AGC, a high-performance universal tractor transmission oil (UTTO) developed to meet the latest requirements of modern agricultural
Neste appoints Elim Yeoh as North America renewables president
Neste Corporation has appointed Elim Yeoh as president, renewable products, North America, and a member of the Neste Leadership Team, effective 1 September 2026. Yeoh, who holds a Bachelor of Science in chemical
HF Sinclair to spin off lubricants unit, close base oil plant in Canada
HF Sinclair Corporation has announced plans to separate its Lubricants & Specialties segment through the capital markets, creating a new independent, publicly traded company. The transaction is intended to be executed over the next 12 to 18 months. As an
Terpel to exit Ecuador fuel retail by 2030
Colombian fuel distributor Terpel will withdraw from the service-station business in Ecuador, selling its company-owned sites this year and phasing out its affiliated network by
Sinopec sets up four business units in major overhaul
Sinopec is launching a major internal restructuring, setting up four new business units and relocating hundreds of staff, as the world’s biggest refiner seeks to lift profits amid flagging Chinese oil and petrochemicals demand, company officials said. State-owned Sinopec’s earnings
bp to sell Austrian retail and EV charging business
bp has agreed to sell its mobility, convenience and electric vehicle (EV) charging businesses in Austria to volenergy AG. volenergy AG, based in Suhr, Switzerland, is a fuels trader that imports, stores and distributes
PETRONAS, IVECO renew commercial vehicle lubricant deal
IVECO and PETRONAS Lubricants International (PLI) have renewed their strategic partnership for a further five years, extending an agreement that covers the exclusive supply and co-engineering of the IVECO URANIA and IVECO TUTELA fluid ranges. The renewal extends the partnership
BPCL enters polymer business with BEPOLY brand launch
Bharat Petroleum Corporation Limited (BPCL) has moved into the petrochemicals sector with the launch of BEPOLY, its new brand for high-performance polymers. The launch marks BPCL’s entry into the fast-growing
Catalyxx to build first renewable chemicals plant in Portugal
Catalyxx has selected Sines, Portugal, as the location for Catalyxx Ibérica, its first commercial-scale plant and a project recognised as a Project of National Interest (PIN) by the Portuguese government. Located in one of Europe’s most important industrial and logistics