EIA forecasts lower oil output and prices, higher power demand
The U.S. Energy Information Administration (EIA) has released its June 2025 Short-Term Energy Outlook (STEO), projecting a moderation in oil prices and domestic crude production amid shifting global supply-demand dynamics and recent policy shifts. The EIA’s energy forecast
UE Systems, perma unveil smart lubrication technology
UE Systems, a global leader in ultrasonic inspection equipment, has joined forces with perma, a specialist in automatic lubrication systems, to launch a
Stepan boosts AOS production by 25% across North America
Stepan Company has announced a 25% increase in its production capacity for alpha olefin sulfonates (AOS), a key surfactant used in household, personal care, and industrial cleaning
SAF demand to surpass supply by 2030, warn SkyNRG and ICF
SkyNRG, in collaboration with global consultancy ICF, has published its fifth annual Sustainable Aviation Fuel (SAF) Market Outlook, revealing a bullish projection for global SAF demand growth through 2030 and beyond. The report forecasts that demand will surpass available supply
Castrol unveils global fluid service for data centre cooling
Castrol has introduced a comprehensive fluid management service for data centre liquid cooling, marking a significant step towards mainstream adoption of this high-efficiency thermal management solution
Kangtai partners with Redox for lubricant additive distribution
Redox has announced a new distribution agreement with Chinese lubricant additive manufacturer Kangtai, significantly expanding the availability of high-performance lubricant solutions across Australia and New
ATIEL and UEIL publish guide on lubricants end-of-life
The ATIEL & UEIL Joint Sustainability Committee (JSC) has released a new industry guidance document titled Lubricants & Greases End of
LyondellBasell to sell four European sites to Germany’s AEQUITA
LyondellBasell has entered into an agreement and exclusive negotiations with a privately held German industrial group AEQUITA for the sale of four European sites associated with its olefins and polyolefins business. The sites, previously identified in LyondellBasell’s European strategic assessment,
Shell opens first Helix Flagship Auto Workshop in Philippines
Shell Philippines has opened the world’s first Shell Helix Flagship Auto Workshop, setting a new benchmark for car care services in the Philippines. The inaugural branch was unveiled on 20 May 2025 in Fairview, Quezon City, as part of a
Indian Oil accelerates green hydrogen drive in India
State-owned Indian Oil Corporation (IOC) is fast-tracking its green energy transition with the launch of India’s largest green hydrogen project and a new strategic partnership to scale up bioenergy and bio-hydrogen