PetroLiance LLC has acquired new ExxonMobil territory in central Florida, becoming the major oil company’s largestlubricants distributor in the Southeast. From newly leased warehouse space in Orlando, PetroLiance serves 21 additional counties in central Florida, in addition to its existing counties of Miami-Dade, Broward, Palm Beach, St. Lucie, Indian River, Okeechobee, Lee and Collier. Young Oil Co. Inc. of south Florida was one of the four companies that consolidated to form PetroLiance...

Nordic Mining has acquired a 68 percent stake in Finnish mining company Keliber Oy, for4 million (U.S. $6.18 million) in cash and shares. Claiming to be Europes first lithium producer, Keliber plans to open a lithium plant in 2010. The transaction, expected to close this month, gives Nordic a strong foothold in Finland, where Keliber has mining concessions for lithium minerals in Kaustinen and plans to establish a 40-45 million (U.S. $61.81-69.54 million) plant for the production of derivative l...

CLEVELAND – ExxonMobil predicts that global energy demand in 2030 will be 30 percent greater than today, and that oil, gas and coal will remain crucial to meeting that demand, despite rapid growth in renewable fuels, an ExxonMobil senior energy advisor told the Society of Tribologists and Lubrication Engineers annual meeting. According to the The Outlook for Energy: A View to 2030, renewables start from such a small base that even with rapid growth they cant significantly alter the global ...

Citing skyrocketing costs for energy, feedstocks, raw materials and transportation, Dow Chemical Co., Huntsman Corp., and Ciba last week each announced across-the-board price increases for all their products, which include many chemicals used in lubricants, lubricant additives, metalworking fluids and solvents. Midland, Mich.-based Dow Chemical on May 28 said that on June 1 it would raise the prices of all its products in all geographies by up to 20 percent – depending on their exposure to...

Starting July 14, Chevron will transition from its current dual-branded – Chevron and Texaco – commercial and industrial product lines to a single line under the Chevron name in the United States and Canada. The change will not affect Chevron Delo, Texaco Havoline and Texaco Xpress Lube. It also will not impact consumer products or the Texaco retail business. The outcome will be a single comprehensive, commercial and industrial lubricant portfolio which gives Chevron good coverage w...