Business

Stronger Economy Pumps Turkish Market
ExxonMobil has been present in Turkey for 120 years. ©shutterstock

Stronger Economy Pumps Turkish Market

March 12, 2025

Mobil Oil Turk, Exxon’s Turkish unit, has earmarked U.S. $2 million for new production capacity, renewable energy and ...

Singapore Firm Buys Savant Group

Singapore Firm Buys Savant Group

March 12, 2025

Singaporean investment holding company Paeonia Group has acquired Savant Group for an undisclosed sum.

Career Moves: Who’s Working Where

Career Moves: Who’s Working Where

March 5, 2025

Starfire Lubricants has taken on two new team members – Brian Hayes and Pat McLaughlin. Brian has 20 years under his b ...

Repsol and Aramco Grab Chunks of Unioil

Repsol and Aramco Grab Chunks of Unioil

March 5, 2025

Repsol and Saudi Aramco have snagged large chunks of Filipino energy company Unioil, the country's family-owned downstre ...

Calumet to Shed Part of Royal Purple

Calumet to Shed Part of Royal Purple

March 5, 2025

Base oil refiner Calumet is selling the industrial segment of its lubricant brand Royal Purple to Lubrication Engineers ...

Lanxess Opens R&D Unit in Mumbai

Lanxess Opens R&D Unit in Mumbai

February 26, 2025

German specialty chemicals company Lanxess opened its new application development center in Thane, India, near Mumbai. ...

Activist Investor Pushes BP to Shed Castrol

Activist Investor Pushes BP to Shed Castrol

February 26, 2025

BP is considering selling off Castrol after 25 years as its lubricant brand, pushed by an activist investor who wants th ...

Additive

State Investigates Moove Fire

February 19, 2025

Prosecutors in the Brazilian state of Rio de Janeiro opened an investigation into a large Feb. 8 fire at a Moove finishe ...

Luberef Reconsiders Closing Jeddah

Luberef Reconsiders Closing Jeddah

February 18, 2025

Citing improved market conditions, Luberef said Tuesday that it is considering keeping open its API Group I base oil pla ...

Career Moves: Who’s Working Where

Career Moves: Who’s Working Where

February 5, 2025

There has been lots of HR movement at grease maker Axel Christiernsson. After almost 25 years as CEO, Johan Stureson is ...

US Pauses Canadian, Mexican Tariffs

US Pauses Canadian, Mexican Tariffs

February 5, 2025

The United States on Tuesday walked back tariffs scheduled to take effect that day on goods imported from Canada and Mex ...

Singapore Base Oil Exports Drop Again

Singapore Base Oil Exports Drop Again

February 5, 2025

Weekly base oil exports from Singapore slumped to their lowest in 11 months, while imports surged, according to data co ...

Fuchs Inks Peru Joint Venture

Fuchs Inks Peru Joint Venture

January 29, 2025

Fuchs Group’s unabated business growth continued with a new joint venture in Peru. The German independent lubricant co ...

Additive

STLE Co-hosts Sustainability Course

January 29, 2025

The Society of Tribologists and Lubrication Engineers and sustainability consultants Carbon Minds have developed a four- ...

IOCL Starts Chennai Lube Complex

IOCL Starts Chennai Lube Complex

January 22, 2025

Indian Oil Corporation Ltd started the trial run at its new integrated lubricant complex at Manali, Chennai. Once fully ...

Ingevity Mulls Selling Lube Line

Ingevity Mulls Selling Lube Line

January 22, 2025

Ingevity is considering divesting from certain performance chemicals industrial specialties product lines at its site in ...

Net Loss in Q4 for Calumet

Net Loss in Q4 for Calumet

January 22, 2025

Calumet said last week that it expects a net loss for the fourth quarter of 2024 once its yearly results have been given ...