Hyundai Oilbank Co. plans to release seven automotive lubricant products under its XTeer Ultra line, all of which meet the new API SN Plus standards, the company announced Wednesday. The company is the first South Korean refiner to supply lubes that meet the new standard. Petronas Dagangan Berhad, the domestic marketing arm of Malaysias state-owned Petroliam Nasional Bhd., appointed Dato Sri Syed Zainal Abidin Bin Syed Mohamed Tahir as CEO and managing director effective June 1, 2018.