Singapore

Gazpromneft Singapore Unit Calls it Quits
The hyper-modern city of Singapore is a key hub for the refining and transportation of oil and petroleum products.

Gazpromneft Singapore Unit Calls it Quits

October 23, 2024

Gazpromneft’s Singapore subsidiary, Gazpromneft Marine Lubricants, will close down after a final general meeting of bo ...

Shell Sells Singapore Refining Complex

Shell Sells Singapore Refining Complex

May 10, 2024

A joint venture led by Indonesian chemical company Chandra Asri has agreed to buy Shell’s fuels and petrochemical refi ...

AP Oil Posts Lower Profits, Sales in 2023

AP Oil Posts Lower Profits, Sales in 2023

April 12, 2024

Singaporean lubricants blender AP Oil International Ltd. reported steep declines in net profit and sales revenue for 202 ...

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China Base Oil Imports Dipped in 2023

March 22, 2024

China base oil imports fell 2% in 2023 – a slowdown in the country’s decreasing reliance on foreign oils. China has ...

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Profits Up at Thai Oil and PV Oil, Down at AP Oil

August 25, 2023

Thai Oil Group’s base oil business achieved higher net profit on lower sales revenue for the second quarter – a sale ...

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Shell May Sell Singapore Refining

August 25, 2023

Prospects for the future of Shell’s Singapore base oil plant have taken another turn as the company now is considering ...

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Shell Scratches Singapore Group II Plans

March 31, 2023

Shell has decided not to build an API Group II base oil plant at its Singapore fuels and chemicals complex, according to ...

AP Oil Reports Decreased Profits

AP Oil Reports Decreased Profits

March 24, 2023

Singaporean independent lubricant blender AP Oil International Ltd. reported declines of 60% in net profit for full-year ...

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Car and Truck Sales Rose in Southeast Asia

February 10, 2023

In Southeast Asia in 2022, sales of four-wheel automobiles rose 23%, while sales of motorcycles and scooters in four key ...

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Asean Lube Demand Projected to Grow

January 6, 2023

Lubricant demand in nine major Association of Southeast Asia Nations countries is projected to grow by a compound annual ...

ExxonMobil Still Bullish on Group II

ExxonMobil Still Bullish on Group II

December 23, 2022

API Group II base oils will continue to be used in many applications for years to come, despite the move towards vehicle ...

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Oronite Expands Singapore Plant

September 16, 2022

Chevron Oronite said Thursday that it has completed an expansion of its lubricant additive manufacturing plant in Singap ...

Raw Material Costs Hinder AP Oil’s Profits

Raw Material Costs Hinder AP Oil’s Profits

September 2, 2022

Singaporean independent lubricants blender AP Oil reported that its net profit dropped 39% to Singaporean $1 million (U. ...

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Innov Expands VI Improver Capacity

August 19, 2022

Innov Oil announced completion of an expansion that more than doubles its capacity to produce the company’s X series o ...

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ExxonMobil Continues Group II Expansion

July 1, 2022

ExxonMobil is evaluating the possibility of building capacity to make API Group III base oils, according to the head of ...

AP Oil Cites Hurdles Despite Gains

AP Oil Cites Hurdles Despite Gains

March 18, 2022

Singaporean independent lubricant blender AP Oil reported higher net profit but lower sales for the second half of 2021 ...

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Shell Mulls Group II in Singapore

February 11, 2022

British energy giant Shell is considering building an API Group II base oil unit at its refinery on Singapore’s Pulau ...