Oxea price increases hit lubricant raw materials in March, April
Oxea has announced eight separate price increase notifications across five product categories in less than four weeks, with cumulative hikes on key lubricant raw materials reaching as high as USD 700 per metric tonne. The manufacturer, formerly known as OQ
Shell CEO warns Europe faces fuel shortage in April
Shell CEO Wael Sawan has warned that Europe could face a shortage of fuel and energy as early as April unless the Strait of Hormuz is reopened, as the International Energy Agency (IEA) confirms the disruption has created the largest
Vietnam retail fuel giants fast-track E10 RON 95 rollout
Vietnam’s two dominant fuel retailers — the Vietnam National Petroleum Group (Petrolimex) and the Petrovietnam Oil Corporation (PVOIL) — are accelerating the nationwide sale of E10 RON 95 biofuel, pushing ahead of the government’s 1 June 2026 deadline to phase
Bangchak bets on SAF and low-carbon tech to navigate refining transition
Bundit Hansapaiboon, acting president of the Refinery and Marketing Business Group at Bangchak Corporation PCL, used his keynote address at F+L Week 2026 in Bangkok on Friday to lay out an ambitious roadmap for transforming one of Thailand’s largest integrated
ALIA white paper calls on Asia to lead on re-refined base oils
The Asian Lubricants Industry Association (ALIA) launched a white paper on re-refined base oils (RRBO) and used oil collection, during its Annual Meeting in Bangkok, Thailand, on 24-25 March 2026, laying out a detailed roadmap for the lubricants industry to
MHI wins waste-to-energy boiler retrofit at Singapore’s Tuas South
Mitsubishi Heavy Industries Asia Pacific Pte. Ltd. (MHI-AP) has been awarded a contract by Singapore’s National Environment Agency (NEA) to carry out boiler retrofit work at the Tuas South Incineration Plant (TSIP) in western Singapore, with completion targeted for the
F+L Week 2026 opens in Bangkok under the shadow of the Middle East crisis
F+L Week 2026 opened on 26 March at The St. Regis Bangkok with a frank acknowledgement of the geopolitical moment that shaped the gathering, as Vicky Villena-Denton, editor-in-chief and CEO of F&L Asia Ltd., welcomed delegates to the conference’s 31st
API activates Emergency Provisional Licensing over Middle East base oil crisis
The American Petroleum Institute has officially activated Emergency Provisional Licensing for all Engine Oil Licensing and Certification System licensees affected by the ongoing Middle East conflict, confirming that the supply disruptions qualify under the force majeure provisions of API 1509
Sumitomo, Cemvita team up on bio-methane and SAF precursor in Brazil
Sumitomo Corporation do Brasil and Cemvita, Inc. signed a memorandum of understanding (MOU) on 18 March 2026 to jointly develop integrated bio-methane (renewable natural gas, RNG) and renewable bio-oil (FermOil™) projects in Brazil, targeting the
Bangchak ramps up diesel output amid Middle East-driven demand surge
Thailand’s Bangchak Corporation Public Company Limited says it has been running at full operational capacity across procurement, refining, and distribution in response to soaring fuel demand triggered by unrest in the