Shell plc reported first-quarter 2026 adjusted earnings that more than doubled from the previous quarter, as stronger lubricants margins, improved refining conditions and robust trading performance helped offset disruption tied to the Middle East conflict. The London-based energy giant posted adjusted earnings of $6.9 billion for the quarter, compared with $3.3 billion in the final three months of 2025. Income attributable to shareholders rose to $5.7 billion from $4.1 billion, while adjusted EB...

Ammonia Engine Analysis by Nippon Yuka Nippon Yuka Kogyo Co., Ltd. is launching a new lubricating oil analysis service designed to monitor the condition of ammonia‑fueled engines in Japan. This initiative is a key step in accelerating the maritime industry’s transition to ammonia‑fueled vessels. The analysis of engine lubricating oil enables early detection of abnormal signs and accelerates the adoption of ammonia fueled vessels. Evonik’s CEO Kullmann to Stay On Evonik Industries has ex...

Xinxiang Richful Lube Additive Co., Ltd. reported a sharp drop in first-quarter profit despite modest revenue growth, as rising costs and foreign exchange losses weighed on earnings, the company said, while major shareholder Sinopec Group Capital Co., Ltd. moved to cut its stake for a third time in a year. The company’s margin pressure reflects broader conditions seen across 2025, when global manufacturing demand remained uneven and input costs stayed elevated in many chemical and materials se...

ExxonMobil raised lubricant prices twice in China within six weeks, pushing cumulative increases above 23% since April 1 and adding momentum to what market participants increasingly describe as a broader industry-wide repricing cycle. According to Chinese lubricant industry platform Sinolub.com, the significance of the recent increases extends beyond higher product prices. The latest adjustments are drawing attention to whether the lubricant sector’s pricing system in China is entering a new p...

Nynas AB reported stronger profitability in the first quarter of 2026, as higher margins and resilient demand helped the Swedish specialty fluids producer improve earnings and further reduce leverage despite a lower sales volume. The company, which supplies lubricants and fluids used in electrification and infrastructure applications, posted adjusted earnings before interest, tax, depreciation and amortization of 259 million Swedish kronor (U.S.$29 million), up from 179 million kronor a year ear...