Industry News

Bayer and bp have entered into a long-term strategic alliance to commercialise camelina, an oilseed crop, as a feedstock for biodiesel, renewable diesel (RD), and sustainable aviation fuel (SAF), under the brand name newgold

Shell plc has reported first-quarter 2026 adjusted earnings of USD 6.9 billion, more than double the USD 3.3 billion recorded in the fourth quarter of 2025, driven by stronger lubricants margins, higher trading and optimisation contributions, improved refining margins, and

Petron Corporation has appointed John Paul L. Ang, the eldest son of chairman and chief executive officer Ramon S. Ang, as president and chief operating officer (COO) of the Philippines’ only oil refiner, following the

Arteco has announced that its FREECOR EV Micro 10 non-ionic coolant is among the first of its kind to achieve full compliance with Chinese National Standard (GB) 29743.3-2025 for fuel cell electric vehicles (FCEVs)

Australia will allocate more than AUD 10.7 billion (USD 7.73 billion) for fuel and fertiliser security in next week’s federal budget, establishing the country’s first permanent government-owned onshore fuel reserve and tightening mandatory stockholding requirements for fuel companies, Prime Minister

ExxonMobil Asia Pacific Pte. Ltd. has appointed Jean-Marc Taton as its chairman and managing director, effective 1 May 2026, following Geraldine Chin’s retirement from the role. The transition was announced on the company’s LinkedIn page. The U.S. supermajor is in

U.S. petroleum product exports surged to a record 8.2 million barrels per day (b/d) in the week ending 1 May 2026, driven by a record-high for diesel shipments and near-record jet fuel volumes, as buyers across Asia, Europe, and Africa

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) concluded its 84th session with a commitment to rebuild consensus on global shipping emissions, while adopting a new Emission Control Area (ECA) for the North-East Atlantic and raising

Nippon Yuka Kogyo Co., Ltd. (Nippon Yuka), a group company of Nippon Yusen Kabushiki Kaisha (NYK), is launching a lubricating-oil analysis service designed

Brazil’s Ministry of Mines and Energy (MME) has released a comprehensive technical test plan to evaluate the feasibility of raising the mandatory biodiesel blend in diesel beyond the current 15% (B15) ceiling, covering blends up to 25% (B25), under the