Pakistan

Aramco Buys Pakistan Channel for Valvoline
©JHVEPhoto

Aramco Buys Pakistan Channel for Valvoline

Lube Report Asia - December 22, 2023

Saudi Aramco signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. – a diversified ...

Hi-Tech Lubricants’ Profits, Sales Rebound

Hi-Tech Lubricants’ Profits, Sales Rebound

Lube Report Asia - December 8, 2023

Blender Hi-Tech Lubricants reported strong rebounds in net profit and operating profit for its lubricants segment in the ...

Hi-Tech Lubricants Posted Loss, Sales Drop

Hi-Tech Lubricants Posted Loss, Sales Drop

Lube Report Asia - October 6, 2023

Hi-Tech Lubricants’ lubricants segment recorded a net loss and a 26% drop in sales for the fiscal year ending June 30, ...

Additive

Shell Plans to Exit Pakistan

Lube Report Asia - July 14, 2023

Shell said last month that it will sell its controlling stake in Shell Pakistan Ltd., divesting a lubricants business th ...

Profits Surge for Hyundai Shell Base Oil, Thai Oil

Profits Surge for Hyundai Shell Base Oil, Thai Oil

Lube Report Asia - June 9, 2023

Base oil price margins that were far greater than a year earlier yielded hefty increases in first quarter operating prof ...

Results Mixed in Sri Lanka, Pakistan, Vietnam

Results Mixed in Sri Lanka, Pakistan, Vietnam

Lube Report Asia - March 10, 2023

Chevron Lubricants Lanka Plc reported a drop in profit for the quarter ending Dec. 31 but a huge increase in its bottom ...

Hi-Tech Lubricants Posts Net Loss

Hi-Tech Lubricants Posts Net Loss

Lube Report Asia - December 2, 2022

Hi-Tech Lubricants Ltd. reported a steep net loss and a 27% decrease in lubricant sales for the quarter ended Sept. 30, ...

Hi-Tech Profits Rose Last Year

Hi-Tech Profits Rose Last Year

Lube Report Asia - October 7, 2022

Pakistan-based blender Hi-Tech Lubricants Ltd.’s consolidated net profit for the quarter ended June 30 was down by mor ...

Profits Up for Chevron Lanka, Hi-Tech

Profits Up for Chevron Lanka, Hi-Tech

Lube Report Asia - March 11, 2022

Chevron Lubricants Lanka Plc reported much higher profits and sales for the fourth quarter and the full year of 2021, an ...

Additive

Pakistan Court Rules Against Hascol

Lube Report Asia - November 12, 2021

A United Arab Emirates energy company won a judgement last month against Hascol Petroleum Ltd., a fuels and lubricants s ...

Profits Up for SK, S-Oil, Hi-Tech

Profits Up for SK, S-Oil, Hi-Tech

Lube Report Asia - October 29, 2021

S-Oil reported much higher operating income for its base oil business, SK Lubricants posted a large jump in operating pr ...

Additive

Hengmei to Build Lube Plant in Pakistan

Lube Report Asia - September 17, 2021

Chinese grease producer Hengmei Technology Grease Co. still plans to establish a lubricant blending plant in Pakistan’ ...

Hi-Tech Posts Higher Profits

Hi-Tech Posts Higher Profits

Lube Report Asia - September 17, 2021

Pakistan-based blender Hi-Tech Lubricants Ltd. reported higher consolidated net profit for the quarter and for the fisca ...

Earnings Rise for Hi-Tech, MJL

Earnings Rise for Hi-Tech, MJL

Lube Report Asia - May 7, 2021

For the quarter ending March 31, MJL Bangladesh Ltd. and Pakistan’s Hi-Tech Lubricants both reported higher profit and ...

Additive

Hi-Tech Ends 2020 on High Note

Lube Report Asia - April 2, 2021

Pakistan-based blender Hi-Tech Lubricants Ltd. finished 2020 with strong increases in profit and sales for the quarter t ...

Lopal Exports Lubricants to Pakistan

Lopal Exports Lubricants to Pakistan

Lube Report Asia - April 2, 2021

Chinese lubricants marketer Jiangsu Lopal Tech recently exported its first batch of lubricants to Pakistan, which it sai ...

Additive

Ruling Against Hi-Tech Ads Dismissed

Lube Report Asia - September 25, 2020

Pakistan’s chief competition authority this month set aside an earlier finding that Hi-Tech Lubricants Ltd. engaged in ...