Industry News

PT Pertamina (Persero) and Boeing have signed a memorandum of understanding (MoU) to explore the development of Indonesia’s sustainable aviation fuel (SAF) ecosystem, a move the companies said would support the decarbonisation of aviation and the

Vietnam Lubricants and Chemicals Joint Stock Company (Vilube), the Motul group’s manufacturing arm in Vietnam, has broken ground on its Vilube 2 factory project at Hiep Phuoc Industrial Park in Ho Chi Minh City,

HF Sinclair Corporation has appointed Steven Ledbetter as president and chief operating officer, and Valerie Pompa as president, growth, technology and transformation. Ledbetter was previously executive vice president, commercial, while Pompa served as executive vice

Chevron Oronite, a global leader in lubricant additives, has unveiled its PC-12 additive technology solutions, designed to help lubricant marketers meet the next generation of heavy-duty engine oil specifications. With first licensing targeted for 1 January 2027, PC-12

Shell plc has agreed to sell its Indian renewable power business to Aditya Birla Renewables Limited (ABRen) for USD 1.8 billion. Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc, signed an agreement with ABRen to sell 100%

Saudi Arabian Oil Co. (Aramco) opened its first branded gasoline station in the Philippines this month, deepening its presence in the country’s

Asia’s transformation over the past nine decades has been defined by rapid industrialisation, expanding mobility, and rising expectations of performance and reliability. Behind that growth, fuels and lubricants have played a quiet but essential role—enabling engines, equipment, and supply chains

ADNOC Distribution has entered into a definitive agreement to acquire 100% of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings, with an implied enterprise value of

Specialty chemicals company LANXESS has begun local production of fire-resistant hydraulic fluids (FRHF) at its site in Jhagadia, India, a move the company said strengthens India’s position

Axens, a global provider of process technologies and value-driven energy solutions, has signed an agreement with Air Liquide to acquire its