Lanka IOC said recently that it expects to complete construction of Sri Lanka’s first grease plant by the end of this year and that the 3,000 metric ...

For the quarter ending Sept. 30, India’s Apar Industries posted higher net profit and Sri Lanka’s Lanka IOC reported a huge decline in profit, com ...

Lubricant supplier Lanka IOC reported a steep net loss, and the lubricants business segment of Malaysian state-owned oil firm Petronas’ domestic mar ...

Chevron Lubricants Lanka Plc reported sharp declines in profit and sales for the quarter ending March 31, compared to the same period a year ago.

A Sri Lankan government agency raided 15 retail shops in mid-February and confiscated unauthorized lubricants as part of an effort to address the incr ...

S-Oil reported increased operating income for its base oil business, while SK Lubricants and Hyundai Shell Base Oil Co. each posted lower profit for t ...

Lubricant demand volumes in Sri Lanka shrank 0.3 percent in 2018, while the sales value of those products rose 3.1 percent, according to a market repo ...

Malaysian company Hyrax Oil plans to open a lubricant blending plant next week at an oil terminal in Muthurajawela, Sri Lanka.

The Sri Lankan government invited lubricant suppliers this month to apply for the new permits that it plans to issue for producing and selling product ...

The Sri Lankan agency planning to allow more competition in the nations lubricant market was advised recently that it should instead crack down on smu ...

ExxonMobil has agreed to purchase Indonesian lubricant blender PT Federal Karyatama, the companies announced this week, part of a plan to expand in th ...

Chevron Lubricants Lanka Plc reported a 34 percent drop in its third-quarter profit, hurt by lower revenue and finance income. Higher expenses also hi ...

Lube sales in Sri Lanka were up 11.4 percent last year, as Chevron continued to hold the lions share of the 26.1 billion rupees (U.S. $170 million) ma ...

Duties and taxes on synthetic lubricants in Sri Lanka shot up by 31 percent late last year, a move commerce advocate groups and traders say is roiling ...

Chevron Lanka recorded a 13 percent higher profit in 2016 - its best year yet - due to growth in the countrys manufacturing and power generation secto ...

Chevron Lanka, Continental Petroleums Ltd. and Tide Water Oil Co. profits each took hits in the quarter ended Dec. 31.

Sri Lankas demand for marine lubricants plummeted last year, and some observers blame high import duties for driving up local costs and steering shipo ...

Gulf Oil Lubricants India Ltd. reported that its second-quarter net profit jumped 28 percent year on year thanks to volume gains across all segments a ...

Sri Lankas annual demand for finished lubricants grew 6.8 percent in 2015 to almost 58 million kiloliters, accounting for sales revenue of around 23.5 ...

Aiming to provide formulations tailored to Sri Lankan driving conditions, Laugfs Lubricants Ltd. recently opened a research and development center bil ...