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Nigerian lubricants blender and marketer Conoil reported 63% less gross profit for the fourth quarter of 2022 and a 57% ...
The share of electric vehicles in the global vehicle parc could rise to 30-35% by 2035 and 80% by 2050 according to BP f ...
Malaysia will be revising its engine oil standards to include American Petroleum Institute performance specifications an ...
French biochemical company Afyren and Thai sugar producer Mitr Phol Group will partner to establish a biorefinery in Tha ...
The celebration of the Lunar New Year dampened industry activity in several Asian nations this week, with trading in the ...
China’s new motor vehicle registrations – including cars, trucks and motorcycles – declined 5% to 34.8 million in ...
Ford Motor Co. will ax 3,200 jobs mostly in Germany, as the company shifts its focus toward electric vehicle production.
Saudi Aramco announced Jan. 18 that Houston-based Aramco Trading Americas LLC will be the sole supplier and “offtaker ...
Auto sales in the United States declined 8% to 13.7 million units in 2022, the lowest full-year sales total since 2011, ...
The posted price decreases implemented earlier this month seemed to have elicited the response that suppliers had hoped ...
Leaders of Mexico, the United States and Canada all have called for private businesses from the latter two companies to ...
German lubricants and aftermarket additive manufacturer Liqui Moly reported that its sales revenue rose 10% in 2022 to ...
Lubricant consumption in Turkey increased 14% in 2021 as the country’s economy rebounded from early impacts of the COV ...
A coalition of the G-7 group of leading industrial nations, Australia and the European Union agreed Friday to introduce ...
The outlook for base oil markets is cloudy at the moment due to several uncertainties as the industry approaches what is ...
South Korea base oil exports volume fell 27%, and the declared value of the exported base oil declined 19% in December, ...
Total domestic vehicle sales in Japan decreased slightly, and passenger car sales slipped 8% in 2022, according to data ...
The base oils market in Asia has yet to show definitive trends, as activity has not changed significantly since the begi ...
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