Industry News

HD Hyundai Oilbank and Shell are strengthening their joint venture with a major push into the high-performance Group III base oil segment. The joint company, HD

Velocys, a provider of synthetic fuels technology, has announced the commercial launch of microFTL™, a modular Fischer-Tropsch (FT)

Volvo Construction Equipment (Volvo CE) has signed an agreement to sell its entire 70% stake in Shandong Lingong Construction Machinery Co. (SDLG) to a fund

Following an announcement in March outlining a major strategic pivot, Audi has confirmed it will continue producing internal combustion engine (ICE) vehicles beyond 2033. The company is embracing a more flexible approach to

PETRONAS Lubricants India Pvt. Ltd. (PLIPL), a subsidiary of Malaysia’s PETRONAS Lubricants International (PLI), has secured the aftermarket service-fill contract from Mahindra & Mahindra Ltd.,

Japan’s Hitachi Energy has announced a major expansion of its power transformer manufacturing capacity in Türkiye, addressing the escalating global demand for sustainable energy infrastructure. This strategic investment

Castrol has launched a new suite of smart industrial lubrication solutions designed to help manufacturers boost uptime, reduce maintenance costs, and prolong equipment life. The

Lubrizol has introduced a new diesel fuel additive, Lubrizol® MF9145V, designed to minimise diesel particulate matter (DPM) formation at the source, reduce diesel particulate filter (DPF) regeneration

ROCOL has become the first lubricant company to earn NSF’s newly launched PFAS-free certification, marking a major advancement in food safety and environmental

Chevron Corporation has entered the domestic lithium sector with the acquisition of two key leasehold acreage positions, marking its first step toward establishing a commercial-scale lithium business in the