Petrolube to Distribute Quaker Houghton in MENA Region
Saudi lubricant and grease producer Petrolube will distribute Quaker Houghton’s metalworking fluids across Saudi Arabia and the Middle East and North Africa region. Quaker Houghton is headquartered in Pennsylvania, U.S., and reported net sales of about $1.84 billion in 2024. Petrolube is a subsidiary of Petromin Corp., a Saudi Arabian company headquartered in Jedda, and is jointly owned by Arabian Petroleum Supply Co. and Saudi Aramco.
Pilot Buys Downs
Fuel retailer Pilot bought Southern California-based fuels and lubricant provider Downs Energy, announced Downs’ sale adviser Matrix Capital Markets last week. The 85-year-old company was sold to petroleum distributor SC Fuels, a subsidiary of Pilot. Downs operates six cardlocks – 24-hour commercial fleet fueling stations that require a card to access. Downs’ fleet cardlocks also deliver Phillips 66 and Petro-Canada lubricants to commercial and municipal customers. Downs’ “key lock” system was a precursor to today’s cardlock facilities.
Change of MotoGP Supplier
Spain’s Repsol signed an agreement with Dorna, the organizer of the MotoGP motorcycle race franchise, to become the exclusive lubricant supplier for Moto2 and Moto3 from 2026 until 2030. The company said that the deal supports Repsol’s global lubricants expansion strategy and will allow product testing under racing conditions to enhance its commercial offerings. Repsol has supplied MotoGP teams for more than 50 years and plans to launch a new line of competition-grade lubricants. Meanwhile, Liqui Moly stepped down from the role while renewing its sponsorship agreement with Dorna until 2029. It will continue supporting the Liqui Moly Dynavolt Intact GP team through 2027.