Industry News

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

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

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 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

Viva Energy has launched dedicated infrastructure at its Pinkenba Terminal that allows sustainable aviation fuel (SAF) to be stored, blended, verified and delivered directly into Brisbane Airport’s existing jet fuel supply system. The company said it is the first

FUCHS China inaugurated a new specialty lubricant plant in Wujiang, Suzhou, China, on July 16, marking a substantial upgrade to the company’s local manufacturing capacity for specialty lubricants. The ceremony was