Region

United Oil, of Singapore, will expand its reach in Indonesia with the purchase of 95 percent of lube manufacturer Pacific Lubritama Indonesia.

Indias GP Petroleums Ltd. reported a 4.7 percent increase in net profit in its fourth quarter. The United Arab Emirates-based Gulf Petrochem Group uni ...

Tianhe Chemicals Group said Thursday that Hong Kongs securities regulator ordered a halt in the trading of the Chinese lube additive suppliers shares ...

Lukoils lubricant branch in Eastern Europe posted improved sales results, and the company continues to expand its global reach. Ploiesti, Romania-base ...

While most of Russian manufacturer Obninskorgsintezs production consists of antifreeze and car cleaning products, its growing lubricants business is n ...

Gulf Oil Lubricants India Ltd. expects to maintain its growth momentum going forward, thanks to its new blending plant in Chennai and the companys foc ...

China recently introduced national standards for greases and lubes used in wind turbines.

Showa Shell Sekiyu K.K split its lubricants manufacturing and marketing operations into a wholly-owned subsidiary.

In addition to flat demand that should ratchet competition, Chinas lubricant industry is headed for structural changes that could significantly alter ...

U.S.-based producer Bardahl is pushing its way back into Indonesia a decade after being squeezed out of the countrys lubes market.

The world is shifting to API Group II and III base oils, but Africa has yet to fully grasp this reality. While Europe and the United States have embra ...

A Canadian proposal to lower application rates for a formaldehyde-free biocide based on a mixture known as CMIT/MIT has drawn opposition over concerns ...

Fuchs Petrolub SE opened a $26 million grease plant, research lab and warehouse near Chicago Monday. The company did not disclose the capacity of the ...

Omnia Holdings agreed last week to acquire Umongo Petroleum, saying Omnia will provide a better springboard for Umongos base oil and lube additive dis ...

Suppliers may better target Indias strong tractor oil segment if they understand how operators make maintenance decisions - a goal of a recent survey ...

Chinese metalworking fluid suppliers face threats and opportunities due to trends such as closings of aluminum producers and a push to supply more sop ...

Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. last week said they still plan to merge by an unspecified date and will immediately begin integrating s ...

Profits Up at Gulf Oil

May 16, 2017

Gulf Oil Lubricants India Ltd. reported a nearly 7 percent increase in its fourth quarter net profit, thanks to sales growth across all key segments. ...

Bahrain Petroleum Co. and Neste Oil will dissolve, by October 7, 2017, their marketing agreement for base oils produced at their joint venture API Gro ...

Russian base oil exports increased 13 percent in 2016 due to favorable market conditions in Europe and a ramp-up of API Group II and Group III base oi ...