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Bharat Petroleum Corporation Ltd. (BPCL) and Sembcorp, backed by Singapore's Temasek, have formed a joint venture to advance renewable energy and green hydrogen initiatives across India—a key step in supporting the country’s climate and decarbonization efforts.

ENEOS Corporation has announced a new collaboration with NVIDIA and Preferred Computational Chemistry Inc. (PFCC) to advance the AI-driven discovery and optimization of lubricants and immersion cooling fluids. The partnership brings together NVIDIA's ALCHEMI software and PFCC's Matlantis™ simulator to support ENEOS's mission of developing more sustainable, high-performance chemical solutions—particularly for energy-intensive sectors like data centers.

Binh Phuoc Province, Vietnam, March 27, 2025 — TotalEnergies Marketing Vietnam has entered into a strategic partnership with Cao Gia Quy Environment Company to manage the collection and recycling of used engine oil across Vietnam.

Mannheim, Germany, April 2, 2025 – On April 1, the FUCHS Group, a global leader in the lubricants industry, officially acquired IRMCO® Advanced Metalforming Lubricant Technologies, a U.S.-based company specializing in metal-forming lubricants for high-performance manufacturing. Founded in 1914 and headquartered in Illinois, the family-owned business brings over 100 years of expertise and innovation to FUCHS. This acquisition strengthens FUCHS’s industrial product range and supports its mission to deliver sustainable lubrication solutions across various sectors.

LEXINGTON, Ky., March 31, 2025 /PRNewswire/ — Valvoline™ Global Operations, a leader in automotive and industrial lubricants, has introduced its newly formulated passenger car motor oils for the U.S. and Canadian markets. These new products surpass the latest ILSAC GF-7 standards, which officially take effect today.

DALLAS, March 31, 2025 /PRNewswire/ — Pennzoil-Quaker State Company, a subsidiary of Shell plc, and Blue Tide, a re-refining innovator backed by Tailwater Capital LLC, have announced the successful completion of Blue Tide's large-scale used motor oil (UMO) re-refining facility in Baytown, Texas.

India needs a structured, phased approach that integrates regulatory reforms with technological advancements to revamp its fragmented and largely informal used oil recycling sector, according to a new report by the Federation of Indian Chambers of Commerce and Industry (FICCI), the Resource Efficiency and Circular Economy Industry Coalition (RECEIC), and Deloitte.

Castrol Unveils New Cyltech Lubricant Range for Two-Stroke Marine Engines

Castrol, a global leader in lubricants, has introduced its new Castrol Cyltech 70f, 100f, and 140f range to meet the evolving needs of the slow-speed two-stroke engine market.

India's Largest Solar Cell Gigafactory Launched in Gujarat

Union Minister for New and Renewable Energy, Shri Pralhad Joshi, inaugurated India’s largest solar cell gigafactory, a 5.4 GW advanced manufacturing facility by Waaree Energy, in Chikhli, Gujarat. The event was attended by key dignitaries, including Union Minister for Jal Shakti Shri C. R. Patil, Gujarat Chief Minister Shri Bhupendrabhai Patel, and senior state officials.

The FICCI-RECEIC-HUL report projects that India’s chemical industry will grow to $300 billion by 2030 and expand further to $1 trillion by 2040.

Meanwhile, India’s recycling sector is expected to reach $3 trillion within the next two decades, according to Ved Prakash Mishra, Joint Secretary at the Ministry of Environment, Forest & Climate Change (MoEF&CC). Speaking at the Global Symposium on Resource Efficiency & Circular Economy, organized by the Resource Efficiency and Circular Economy Industry Coalition (RECEIC) in partnership with FICCI and MoEF&CC, Mishra stressed that adopting a circular economy is no longer optional but a pressing necessity.

Canada-based Klean Industries and Australian energy infrastructure company Viva Energy are collaborating on a new tyre recycling initiative at the Geelong Refinery. The project aims to convert end-of-life tyres into valuable materials, supporting Australia’s circular economy and sustainability efforts. The plan involves developing a Melbourne-based facility capable of processing up to 80,000 tonnes of used tyres annually.

Richful Xinxiang Company, a major Chinese producer of lubricant additive components and packages, has signed a Memorandum of Understanding (MoU) with Farabi Downstream Petrochemical Company to form a joint venture. This collaboration aims to establish Saudi Arabia’s first lubricant additive manufacturing facility.

A recent survey conducted by Castrol reveals that industry experts believe existing data centre cooling systems will struggle to manage the rising demand for computing power. As AI and big data continue to drive increased workloads, many industry leaders stress the need for rapid adoption of immersion cooling technology within the next three years to maintain performance and competitiveness.

The ongoing trade dispute between the United States and China has created a favorable environment for Indian chemical manufacturers, according to a report by Prabhudas Lilladher. The U.S. has imposed an additional 10% tariff on Chinese imports, prompting American companies to seek alternative suppliers, potentially benefiting Indian exporters.

Shell and BMW M Motorsport have extended and broadened their collaboration, reinforcing their joint commitment to innovation in energy and motorsport technology. This renewed agreement positions Shell as the Premium Technology, Innovation, and Energy Partner of BMW M Motorsport, supporting factory racing programs in prominent series such as the FIA World Endurance Championship (WEC) and the International Motor Sports Association (IMSA).

TotalEnergies Lubrifiants has successfully integrated an immersion-cooled battery into the Renault Mégane E-Tech, marking a major advancement in electric vehicle (EV) battery technology. This innovation demonstrates the viability of immersion cooling on a large scale, offering significant benefits in efficiency, safety, and cost reduction.

TotalEnergies has inaugurated BioNorrois, its second-largest biomethane production facility in France, situated in Fontaine-le-Dun, Normandy. This plant is set to inject 153 gigawatt-hours (GWh) of biomethane annually into the natural gas network, equating to the average yearly gas consumption of over 30,000 residents.

Repsol, a Spanish multinational energy and petrochemical company, has expanded its footprint in Asia by acquiring a 40% stake in Unioil Lubricants, Inc. (ULI), the lubricants manufacturing and distribution arm of the Unioil Group of Companies. This strategic partnership aims to bolster Repsol's production and distribution capabilities in the Philippines, aligning with its long-term growth objectives in Southeast Asia—a region with annual lubricant sales of 3 million metric tonnes and a 4% growth rate.

WICHITA, Kas., Feb. 28, 2025 – Lubrication Engineers, Inc. (LE), a leading manufacturer of industrial lubricants, has signed an agreement to acquire the industrial brands and products of Royal Purple (RPI), a top provider of synthetic performance lubricants. Following the transaction, LE will exclusively manufacture and sell Royal Purple® industrial products, while Calumet, Inc. (NASDAQ: CLMT) will retain the consumer segment and related manufacturing assets.

BP Plc is reportedly evaluating the sale of its Castrol lubricants division, potentially valued at approximately $10 billion. This consideration emerges as part of a broader strategic overhaul influenced by activist investor Elliott Investment Management, which has acquired a nearly 5% stake in BP. Elliott has been advocating for significant cost reductions and asset divestitures to enhance BP's financial performance and shareholder returns.