Industry News

Shell plc has firmly denied reports it is in early takeover discussions with rival bp, following a Wall Street Journal (WSJ) article claiming such talks were underway. The energy major issued a formal

ExxonMobil is celebrating the 100th anniversary of its Mobil™ Delvac™ brand in 2025, a milestone marking a century of advancements in diesel engine lubrication. Since its inception in 1925, the brand has earned global recognition for enhancing engine durability

The Asia-Pacific region accounted for nearly half of the world’s avoided fossil fuel use in 2024, according to the Energy Institute’s (EI) 2025 Statistical Review of World Energy. Released in partnership with KPMG and Kearney, the annual review paints a

Chevron is seeking buyers for its 50% stake in Singapore Refining Company (SRC), a key refining asset jointly owned with PetroChina, according to media reports. The move is part of a broader strategy to optimise the U.S. oil

The ORLEN Group has launched Multifuel, a proprietary technology that enables the flexible generation of electricity and heat using hydrogen, natural gas, or any combination of the two. Co-developed with Horus

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.,