Business

Briefly Noted

April 8, 2026

Shanghai Lubricant Trade Association Inks Co-op with Kroneseder Lubricants On March 19, the Shanghai Lubricant Trade Association (SLTA) signed a st ...

NewMarket, parent of lubricant additive company Afton Chemical Corp., faced profit pressure in 2025 as global demand for additives softened and custom ...

Directory

April 2, 2026

Additives and Specialty Chemicals Afton Chemical Corp. is one of the “Big Four” additive companies. It is a wholly-owned subsidiary of ...

Oxea has issued eight pricing notifications across five product segments within a four-week period, with cumulative increases on certain lubricant-rel ...

Briefly Noted

March 25, 2026

Chevron Corp to Buy Brazilian Fuel Retailer Chevron Corp. is in advanced talks to acquire a 30% stake in Brazil’s fuel distributor Ipiranga, a mo ...

Puma Energy has entered the Democratic Republic of Congo’s lubricants market through a five-year agreement with Hass Petroleum, marking its first mo ...

Shell agreed to sell Jiffy Lube International and its subsidiary Premium Velocity Auto to an affiliate of Monomoy Capital Partners for $1.3 billion, t ...

Russia’s lubricant market declined slightly in 2025 after several years of post-sanctions growth, according to analysis presented at a recent indust ...

The United Kingdom operating unit of Fuchs has increased manufacturing capacity at its Stoke-on-Trent site, investing in filling infrastructure and di ...

Idemitsu Kosan Co., Ltd. and Saudi Aramco signed a base oil supply agreement aimed at strengthening supply stability and commercial coordination. S ...

The German producer of Mannol lubricants remains committed to the United Kingdom market after being hit with punitive tariffs and accusations of impro ...

U.K.-based energy major BP reported a profit of $7.5 billion for 2025, underscoring resilient core earnings from fossil fuels despite softer crude pri ...

Briefly Noted

February 11, 2026

Petrolimex Rebrands to Highlight Digital and Green Energy Shift Vietnam National Petroleum Group, known as Petrolimex, has launched a new brand ide ...

An email seen by Lube Report indicates that U.K. trade remedy duties on certain lubricants may be unenforceable in Northern Ireland because of the uni ...

Germany-based Fuchs SE will take full control of its lubricants joint venture with Opet in Turkey, the company announced. Upon closing, expected by th ...

Gleanings from the Industry The process of making lubricants is basically the same regardless of location: Blend base oils with chemical additives ...

HF Sinclair Corp. completed the acquisition of Industrial Oils Unlimited, closing a U.S.$38 million transaction first announced in December 2025. The ...

Dumarey Group, a Belgian automotive engineering services company, and Malaysia’s Petronas Lubricants International have begun experimental testing o ...

Canada Pension Plan Investment Board agreed to acquire an indirect, non-controlling stake in Castrol as part of a transaction valued at about $10.1 bi ...