BASF Raises Evonik Offer to €11.2 Billion

October 28, 2026

BASF has raised its takeover offer for Evonik Industries to €24 per share, valuing the German chemicals manufacturer at about €11.2 billion, according to press...

Algeria’s Arzew Refinery Furthers Base Oil Supply Plans

October 28, 2026

Algeria’s state-owned energy company Sonatrach has advanced plans for a base oil unit producing API Group II and III base oils at its Arzew refinery,...

Briefly Noted

October 27, 2026

PetroChina Expands KunLun Lubricant Distribution in Australia PetroChina Lubricant Company, China Petroleum Technology and Development Corp. (CPTDC) and Australia’s Brooks Group signed a cooperation agreement...

Chinese Imports and Fuel Shortages Spur Russia EV Sales

October 27, 2026

Electric vehicle sales in Russia grew by 84% from a small base in the first nine months of 2026, while the total new vehicle market...

Shell, ExxonMobil Consider Infineum Spin-off

October 26, 2026

Shell and ExxonMobil are exploring the sale of Infineum, their 50-50 lubricant and fuel additives joint venture, in a deal that could value the business...

Oleon Expands Specialty Ester Production in Texas

October 20, 2026

Oleon opened a new esterification facility at its Conroe, Texas, site to expand North American production of specialty esters for lubricants, oil and gas, electric...

Briefly Noted

October 20, 2026

Shell Rotella Upgrades Heavy-duty Engine Oil Range Shell Rotella has upgraded its heavy-duty engine oil portfolio to meet the new API CL-4 and FB-4 specifications,...

HPCL Awards Technip Contract for Mumbai Base Oil Expansion

October 20, 2026

Hindustan Petroleum Corp. Ltd. (HPCL) awarded French engineering company Technip Energies an engineering, procurement and construction contract for two processing units at its Mumbai refinery...

Pearl Repairs Targeted for First Quarter

October 20, 2026

Repairs to damaged production train of the Pearl gas-to-liquids facility in Ras Laffan, Qatar, are on track to be completed during the first quarter of...

New Zealand Rerefinery Cuts Waste Oil Burning

October 20, 2026

New Zealand waste oil collection company Glide Oil officially opened its new base oil rerefinery on Monday in Pukekohe, south of Auckland, that could produce...