Shell to sell Sprng Energy to Aditya Birla for USD 1.8 billion
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%
Aramco launches first Philippine fuel outlet with Unioil
Saudi Arabian Oil Co. (Aramco) opened its first branded gasoline station in the Philippines this month, deepening its presence in the country’s
90 years of moving generations: Caltex and the evolution of fuels & lubricants
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 to acquire Shell’s South Africa unit
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
LANXESS starts fire-resistant hydraulic fluid output in India
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 buys Air Liquide’s Methanol-to-Propylene technology for SAF
Axens, a global provider of process technologies and value-driven energy solutions, has signed an agreement with Air Liquide to acquire its
Vivo Energy completes TotalEnergies Jordan acquisition
Vivo Energy has completed its acquisition of 100% of the shares in TotalEnergies Marketing Jordan, taking over a network of around 180 service stations along with the commercial fuels and lubricants
Eni, Mercuria to form global energy trading joint venture
Eni and Mercuria have signed an agreement to establish a joint venture to oversee energy commodities trading across global markets, the companies said on July 1, 2026, in San Donato Milanese (Milan), Italy. The venture, owned equally by the
IFP Petro, BPCL sign MoU on India used-oil collection
IFP Petro Products Pvt. Ltd and Bharat Petroleum Corporation Limited (BPCL) have signed a memorandum of understanding (MoU) to jointly develop a
Delhi EV policy 2.0 bans new petrol two-wheelers by 2028
The Government of the National Capital Territory of Delhi has notified the Delhi Electric Vehicle (EV) Policy 2.0, a four-year framework combining purchase incentives, scrappage bonuses and phased bans on new internal combustion engine (ICE) vehicle registrations, in a push