Industry News

DevvStream Corp. and Southern Energy Renewables (SER) have agreed to merge in a deal aimed at developing carbon-negative sustainable aviation fuel (SAF) and green methanol in the United States, despite neither company yet possessing commercial-scale production technology or an ASTM-approved

Aster is committing USD 155 million to expand and modernise its Bukom refinery in Singapore, aiming to boost processing capacity and enhance the value of its products. Announced on 9 December 2025, the rejuvenation drive centres on two major projects slated to be

NPOil Vietnam has begun construction of its second lubricant blending plant in Tây Ninh Province, expanding its production capacity to meet rising domestic demand for automotive and industrial

Exxon Mobil Corporation, Saudi Aramco and their joint-venture company Samref have signed a venture framework agreement to study a major upgrade of the Samref refinery in Yanbu, Saudi

HF Sinclair Corporation has reached a definitive agreement to acquire Industrial Oils Unlimited (IOU) for about USD 38 million in cash, including approximately USD 15 million of working capital. The deal will strengthen the Dallas, Texas‑based refiner’s Lubricants & Specialties division and expand its downstream

The European Automobile Manufacturers’ Association (ACEA) has urged the European Commission to revise elements of its upcoming Automotive Package, cautioning that current regulatory and

MOL Group’s lubricant subsidiary, MOL-LUB Ltd., has introduced a Bag-in-Box packaging system for its lubricants and engine oils, aiming to reduce plastic

Catalys Lubricants has expanded its long-standing partnership with Chevron Canada Limited through a new distribution

Chevron Corporation has announced an organic capital expenditure (capex) budget of USD 18-19 billion for 2026, placing it at the lower end of the company’s long-term guidance range. Affiliate capital expenditure is forecast at USD 1.3–1.7 billion. Chevron Chairman and

ENEOS Holdings has adopted NVIDIA’s Alchemi platform to accelerate the discovery of immersion-cooling fluids for data centres and of new oxygen evolution reaction (OER) catalysts for hydrogen production. The company said the