Industry News

Official statements from German lubricants group Fuchs SE attributed severe damage at its Saudi Arabian joint-venture facility to a fire on 25 July though regional security reports and satellite analysis link the outbreak to cross-border drone and missile strikes. The

Delta Air Lines and Shell Aviation have signed a five-year agreement to scale up the supply of sustainable aviation fuel (SAF) across major U.S. hubs and priority cities through 2030. The collaboration will expand SAF availability at

Repsol, in collaboration with Toyota Motor Europe (TME), BMW Group and Bosch, has launched a six-month pilot in Spain to demonstrate, under real-world conditions, how existing vehicles can operate exclusively on 100% renewable gasoline. The initiative, which began in early

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 has introduced Dynatrans AGC, a high-performance universal tractor transmission oil (UTTO) developed to meet the latest requirements of modern agricultural

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 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

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 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 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