Hydrodec Groupagreed in principle onthe sale of its Australian transformer oil rerefinery for A$2 million (U.S. $1.4 million), excluding decommissioning and other associated costs. Conditions include a licensing agreement and the payment of royalties to Hydrodec for a minimum period of seven years.ExxonMobil Lubricants renewed its partnership with GoMechanic, a network of service centers based in India, as its exclusive lubricant partner.