Industry News

Global demand for liquefied natural gas (LNG) is expected to climb to nearly 700 million tonnes a year by 2050, an increase of around 65% from 2025 levels, according to Shell’s LNG Outlook 2026, as countries continue to prioritise the

Wärtsilä will supply natural-gas engines for a power plant serving large-scale data-centre development in the United States, in a EUR 292 million (USD 332 million) order placed by Liberty Energy. Wärtsilä will supply natural-gas

Lubrizol, a global specialty chemicals company, and Zhejiang Kuaizhun Auto Service Network Technology Co. Ltd. (Kuaizhun Auto Service) have signed a strategic cooperation agreement, known as the S Plan, to jointly develop premium lubricant solutions tailored to China’s evolving vehicle

Japan plans to introduce an improved energy strategy in August, drawing on lessons from disruptions to fuel shipments through the Strait of Hormuz during the U.S.-Iran conflict, according to the government. Prime Minister Sanae

Valvoline Global Operations has launched commercial operations of the newly formed Valvoline Arabia Lubricants Company (ValCo), an automotive and industrial solutions

KBR has been selected to provide technology licensing and front-end engineering design (FEED) services based on its PureSAF technology for a proposed sustainable aviation fuel (SAF) plant on

Iberdrola España and bp have won Spanish government approval to redirect up to EUR 211 million (USD 240 million) in European Union funding towards exploring an expansion of green hydrogen production

Lubrizol, a U.S.-based global specialty chemicals company, and China’s Tongyi Petrochemical have unveiled two heavy-duty engine oils at Tongyi’s 2026 Global Technology Conference: Titan King AI Low-Ash Synthetic Diesel Engine Oil and Titan King Three-in-One Ultra-Low-Ash Synthetic Engine Oil. The

ZF is strengthening its presence in the South Korean construction market with the launch of two high-performance transmission oils, ZF PowerFluid Gold 1 and ZF PowerFluid Pro 1, for heavy-duty off-highway applications, the

Nayara Energy has crossed 7,000 retail fuel outlets across India, a domestic expansion that market analysts link directly to European Union and United States sanctions on the Rosneft-backed refiner. The Western regulatory measures have restricted the company’s international export avenues,