Volume 7 Issue 11
Coronavirus Triggers Crude Crash
March 13, 2020The economic wrecking ball that is the coronavirus went into full swing this week when it sent the price of crude oil back to 1991 and pounded stock markets.
Shell Indonesia Doubles Capacity
March 13, 2020Shell Indonesia will double production capacity at its lubricant blending plant in Marunda Centre, north of Jakarta, to 300 million liters per year, the company announced yesterday.
India Divesting BPCL Stake
March 13, 2020India’s government invited bids to buy its almost 53 percent stake in Bharat Petroleum Corp. Ltd., an oil and gas company that is one of the country’s largest lubricant suppliers and one of four domestic base oil producers.
Briefly Noted
March 13, 2020Chevron Lubricants Lanka launched its Delo diesel engine lubricant lab on Feb. 11 at the Narahenpita Economic Center in Colombo, Sri Lanka, as part of its current marketing campaign.