Saudi Aramco signed definitive agreements to acquire a 40% equity stake in Gas & Oil Pakistan Ltd. – a diversified downstream fuels, lubricants and convenience stores operator – in part to expand the market for its Valvoline subsidiary’s lubricants.

Graphene Manufacturing Group Ltd. commissioned a natural gas-to-graphene production plant in Richlands, Australia, that is intended to make different types of graphene for the company’s end products, including lubricants.

Chinese lubricant marketer Lopal Tech Co. reported that increases in the average selling prices by its lubricants segment allowed the unit to overcome a slight decline in sales volumes through the first three quarters of this year.