LIQUI MOLY sets up China sales subsidiary in Shanghai
LIQUI MOLY is establishing a subsidiary in China, its tenth abroad, as the German lubricant and automotive chemicals company deepens its presence in a market it has served through its
API extends emergency provisional licensing by 90 days
The American Petroleum Institute (API) is extending its Emergency Provisional Licensing (EPL) programme by a further 90 days, prolonging the relief first granted in March 2026 to engine oil licensees hit by the Group III base oil shortage in North
Apar unit signs base oil supply deal with Aramco’s Luberef
Apar Industries Ltd said its wholly owned subsidiary Apar Industries Middle East Limited has signed a base oil supply agreement with Saudi Aramco Base Oil Company (Luberef), securing
Petrobras approves USD 1.2bn bioQAV, renewable diesel plant
Petrobras has approved the final investment decision (FID) for the RPBC Biorrefino project, a dedicated plant
Bangladesh lube valuation plan raises distortion fears
Bangladesh’s lubricant sector is pushing back against a proposed budget measure that would replace fixed customs values for synthetic and semi-synthetic lubricants with a floating formula based on Independent Commodity Intelligence Services (ICIS) price assessments, The Business Standard reported. In
ExxonMobil sets July 1 effective date for New Jersey-to-Texas move
Exxon Mobil Corporation said its move to change its state of incorporation from New Jersey to Texas is expected to take effect on 1 July 2026, completing a relocation approved by shareholders at its 2026 annual meeting. Under the change,
WD-40 launches EU Ecolabel-certified bio lubricant
WD-40 Company has launched WD-40 Specialist Bio Lubricant Multi-Use, a bio-based maintenance product for professional and everyday use across Europe, the company said. The company
Korea regulator refers 10 firms over lubricant cartel
South Korea’s Fair Trade Commission (FTC) has referred 10 manufacturers and sellers of industrial lubricants to its commission for adjudication on suspicion of fixing prices and rigging bids over almost seven years, in a case the regulator says affected related
Chevron signs 20-year Microsoft power deal in Texas
Chevron Corporation said Energy Forge One LLC, a wholly owned subsidiary, has signed an agreement with Microsoft Corp. to develop a co-located power facility in West Texas, U.S.A., that will supply dedicated electricity to a Microsoft-operated data centre under a
Platts proposes weekly Group III base oil FOB Asia prices
Platts, part of S&P Global Energy, has proposed launching weekly Group III base oil spot assessments for free-on-board (FOB) Asia, with an effective date of 2 September, the price reporting agency said. The proposed assessments would reflect spot cargoes of