Chevron Corp. announced the signing on Thursday of an agreement by its subsidiaries in Belgium, Netherlands and Luxembourg (Benelux) to sell the companys fuels marketing business for $460 million to Dutch company Delek Benelux B.V., a subsidiary of Israels Delek Petroleum. Chevron said it will retain its lubricants, aviation, fuel and marine marketing, Oronite additives and upstream businesses in Europe. The sale, subject to regulatory approval, is expected to be completed during the third quart...

What is the storage space of the tanks inside your plant? What size containers does your company fill and how fast? What blending methods and equipment are used at your plant? These are the types of questions posed by a new Petroleum Packaging Council benchmark study that will shed light on the lubricants packaging industry and, according to PPC President John Kirk, give those regular member companies that participate comparative data on where they stand in terms of efficiency vis–vis othe...

The U.S. Office of Naval Research hasselected Lord Corp.s Magnetorheological (MR) fluid technology, which uses a magnetic field to change the properties of fluid in a suspension damper from liquid to solid and back, as part of an advanced suspension system for a new family of tactical vehicles for U.S. armed forces. Intended for the Variable Load and Ride Height Suspension System for existing and future military vehicles, the contract is for science and technology activities – to include t...

A fire on May 23 damaged trailers and storage containers at Apache Oil Co., a wholesale lubricants and fuel distributor in Pasadena, Texas near Houston. The fire started at approximately 9:08 a.m., Pasadena Fire Marshal David Brannon told Lube Report. Firefighters from the Pasadena Volunteer Fire Department brought the fire under control in about 30 to 45 minutes, according to Brannon. The cause of the fire is still under investigation, he said. According to Brannon, the fire damaged several tot...