India

Domestic automobile sales in India declined nearly 14 percent year-on-year to 23.1 million units in 2019, according to data from the Society of Indian ...

Apar Industries Ltd. reported that its transformer oil and specialty oil segment had income of Rs 32.3 crore (Rs 323 million or U.S. $4.5 million) bef ...

India's automotive engine oil market will be taking a step up in coming months as suppliers prepare for the nation's implementation of the Bharat Stag ...

Auto Sales Sag in China, India

December 27, 2019

Declining automotive sales in China and India are expected to impact demand for base oils, industry experts said at a conference in Singapore last mon ...

The worlds second-largest lubricant supplier is considering building a blending plant in the worlds third-largest market, according to an executive in ...

Balmer Lawrie & Co.s Sreejit Banerjee sees opportunity for volume growth for Indias lubricant suppliers but challenges, too, due to regulations and ri ...

The demand for factory fill lubricants in India has slowed during the past few months because weak vehicle sales in the world's fourth-largest automob ...

The Indian government plans to sell its 53.29 percent stake in Bharat Petroleum Corp. Ltd., an oil and gas company that is one of the countrys largest ...

Tide Water Oil Co. and MJL Bangladesh Ltd. each reported significant gains in net profit but declines in revenue for the quarter ending Sept. 30, acco ...

Gulf Oil Lubricants India Ltd., Balmer Lawrie & Co., GP Petroleums Ltd. and Continental Petroleums Ltd. each reported increased profits, while Maximus ...

Perstorp began construction of a world-scale pentaerythritol production plant in Gujarat, India, in October, to improve its ability to meet demand for ...

Pakistans Hi-Tech Lubricants reported a steeper net loss, while Indias Savita Oil and Apar Industries each reported higher net profit for the quarter ...

Castrol India Ltd. reported a substantial increase in profit for the quarter ending Sept. 30, while Pakistans Hi-Tech Lubricants Ltd. posted a steep d ...

Mumbai is the leading point of entry for base oil imports into India - one of the worlds largest importers of such products - thanks to better infrast ...

Bharat Petroleum Corp. Ltd. has contracted Chevron Lummus Global to provide technology that will be used to add API Group II or III capacity to its ba ...

Asia-Pacifics energy demand is forecast to grow 33 percent from 2017 to 2040, with oil, natural gas and coal making up 85 percent of total energy cons ...

The Indian market has undergone a large shift in recent years toward API Group II and III base stocks, and with the countrys upcoming transition towar ...

Amid worries over pollution and climate change, India is trying to speed the uptake of electric vehicles, but penetration of those vehicles is still l ...

Balmer Lawrie reported a decrease in operating profit, Tide Water Oil posted a decline in standalone net profit and net profit was up for both Maximus ...

A consultant told an industry conference in Mumbai, India, Wednesday that lubricant companies can benefit from crude oil price volatility if they carr ...