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Hindustan Petroleum Corporation Limited (HPCL) has made a significant move by entering the US market with the export of its lubricants. This marks HPCL’s first foray into the American market, showcasing its ambition to expand its global footprint.

Azelis, a leader in specialty chemicals innovation, has enhanced its partnership with SI Group, a global manufacturer of performance additives. This agreement expands Azelis’ distribution of SI Group’s lubricant additives across Europe, including France and the Benelux region, and extends into key markets in the Middle East and Africa.

XCMG Machinery which is a global construction equipment company has come up with an alliance with Shell to develop specialised maintenance oils to improve the performance, efficiency, lifespan of XCMG’s machinery by optimising machinery performance and minimising downtime.

Esso SAF, a French subsidiary of ExxonMobil, has announced an innovative initiative to produce re-refined base oils (RRBO) from used oils at its Gravenchon Refinery. ExxonMobil will be the first major oil company to manufacture RRBO at its own facility.

In a significant move towards sustainable packaging, Castrol India Limited, one of the leading manufacturers of lubricants, has achieved a new milestone by incorporating 50% recycled content in its high-density polyethylene (HDPE) bottles.

A recent survey highlights a significant interest among Indian consumers in new energy vehicles (NEVs), with 83% of respondents expressing readiness to choose NEVs as their sole option for vehicle purchases by the end of the decade.

Castrol, a global leader in lubricants and automotive products, has announced two key partnerships to broaden its product range and enter new markets.

India is set to drive up to 35% of global energy demand growth over the next 20 years, Petroleum Minister Hardeep Puri stated at the Gastech conference in Houston on Tuesday.

Bharat Petroleum Corporation Limited (BPCL) is poised to expand its footprint in the renewable energy sector through two newly approved joint ventures. The state-owned company's Board of Directors has greenlit partnerships with Sembcorp Green Hydrogen India Pvt. Ltd. and GPS Renewables Pvt. Ltd.

After years of exploring synergies, Tata Group companies Tata Motors and Jaguar Land Rover (JLR) have finalized plans to manufacture JLR’s electric vehicles in India for global markets. This marks a major milestone in the group’s automotive business, according to Natarajan Chandrasekaran, chairman of Tata Sons, the holding company of Tata Group, including Tata Motors, in an interview with Autocar India.

Indian engineering and construction giant Larsen & Toubro (L&T) is currently engaged in three major solar projects across Saudi Arabia, with a combined capacity of 3,200 megawatts (MW).

Maxol Lubricants, a division of The Maxol Group, has launched its latest innovation—the Maxol Agri-Max Plus Grease range. This new product line is specifically designed to address the evolving requirements of the agricultural, organic farming, marine, and forestry sectors. In addition, the launch introduces more sustainable packaging, reflecting Maxol’s commitment to reducing its environmental impact.

Castrol has unveiled two innovative low-viscosity lubricants under its GTX brand, engineered to enhance the longevity and fuel efficiency of Renault engines. The newly launched formulations, Castrol GTX 0W-16 AN2022 and Castrol GTX 0W-20 RN17 FE, are specifically designed for the latest models of Renault and Dacia vehicles, offering cleaner engines and superior performance.

Honeywell and Repsol have announced a strategic partnership to accelerate the production of renewable fuels and circular materials. This collaboration will harness Honeywell’s advanced technologies to convert waste materials, including fats, oils, greases, biomass, and solids, into renewable fuels at Repsol’s refineries.

According to a new report by energy think tank Ember, India’s annual wind power installations have increased over the past three years but remain significantly below the levels required to meet its 2030 renewable energy goals. India aims to build 509 GW of renewable energy capacity, including 110 GW of wind power, by 2030.

In order to explore the commercial development of converting green Hydrogen toto methanol and sustainable aviation fuel (SAF), Masdar a UAE clean energy company has made an agreement with Total Energies and aims to decarbonise the emissions from the aviation and marine industry.

Japanese lubricant manufacturer Idemitsu Kosan Co., Ltd. has unveiled the “IDEMITSU IFG Plantech Racing,” the world’s first API SP-certified engine oil made with over 80% plant-based materials. This groundbreaking product, set to launch in November 2024, marks a significant advancement in sustainable automotive technology.

The Indian government has announced plans to establish multiple bio-ethanol plants nationwide under the Pradhan Mantri JI-VAN Yojana. This initiative is designed to promote the production of second-generation (2G) bioethanol from cellulosic and lignocellulosic biomass, fostering cleaner fuel production and bolstering India’s energy security objectives.

TotalEnergies and SSE have announced a joint venture to establish a new entity called ‘Source,’ focused on developing a robust electric vehicle (EV) charging network across the UK and Ireland.

Indian Oil Corp. (IOC) has introduced its new high-octane racing fuel, STORM-X, at the Madras International Circuit during the Indian National Car Racing Championship. This groundbreaking initiative, driven by IOC Chairman Shrikant Madhav Vaidya, highlights the company’s dedication to innovation and excellence in advanced fuel technology.