INERATEC and PETRONAS sign e-Fuels partnership agreement
German synthetic fuels pioneer INERATEC has signed a strategic framework agreement with PETRONAS, through its UK-based trading arm PETCO Trading (UK) Ltd. (PTUK), to accelerate the
ADNOC launches Voyager lubricants in Egypt with local production
ADNOC Distribution, in partnership with TotalEnergies Marketing Egypt (TEME), has officially launched its ADNOC Voyager lubricant range across Egypt, marking a major milestone in the UAE company’s regional
Japan’s Taiyo Holdings mulls buyout amid Canada expansion plans
Taiyo Holdings Co., Ltd., a Japanese chemical and petroleum group, has received separate buyout proposals from U.S. private equity firm KKR & Co. and Tokyo-based Nippon Sangyo Suishin Kiko Ltd. (NSSK), according to Bloomberg. The offers propose acquiring Taiyo at
ExxonMobil in talks to sell Esso SAF stake to North Atlantic
Esso SAF has confirmed that its majority shareholder, ExxonMobil France Holding SAS, has entered into exclusive negotiations with North Atlantic France SAS regarding the sale of its controlling stake in Esso SAF
Jens Birgersson named CEO of Brenntag SE from September
Brenntag SE has announced the appointment of Jens Birgersson as its next chief executive officer and member of the management board, effective 1 September 2025. Birgersson succeeds Dr
Shell to divest Indonesia fuel station business to local partners
Shell Indonesia, a wholly owned subsidiary of Shell plc, has agreed to transfer ownership of its fuel station business (SPBU) in Indonesia to a new joint venture formed by Citadel Pacific Limited and Sefas Group. The transaction, which excludes Shell’s
Battery-electric vehicles grow EU market share in 2025
The European Union’s car market posted a marginal 1.2% decline in new car registrations for the first four months of 2025, compared to the same period last year, according to
Klüber Lubrication names new CEO for North America
Klüber Lubrication has named Christopher J. Licursi as chief executive officer of Klüber Lubrication NA LP, effective 5 May 2025
Chemours and DataVolt boost liquid cooling for AI data centres
The Chemours Company has announced a strategic agreement with DataVolt to accelerate the deployment of liquid cooling solutions for next-generation data centres. The partnership aims
Honda to expand motorcycle production in India by 2027
Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), the Indian arm of Honda’s global two-wheeler business, is set to boost its production capacity with the addition of a fourth assembly line at its Vithalapur plant