Latest News
12 Oct 2026
ADNOC Eyes Additional Long-Term LPG Supply Agreements with India, Plans Deeper Energy Cooperation
Abu Dhabi National Oil Company (ADNOC) is considering further long-term liquefied petroleum gas (LPG) supply arrangements with India as it looks to strengthen commercial ties across the energy sector. Nasser Omair Al Muhairi, Acting CEO of ADNOC’s downstream industry, marketing and trading business, highlighted India’s strategic importance and identified opportunities to expand collaboration in crude oil, liquefied natural gas (LNG), naphtha, shipping, trading and strategic petroleum storage.
10 Oct 2026
China’s EV Market Share May Climb to 80% by 2030, Reshaping Oil Demand
China could see electric vehicles account for 75–80% of its vehicle market by 2030, although further growth is expected to become more gradual as adoption increases and the market matures. The projection was shared by Wang Pei, deputy general manager of Sinopec’s Economics & Development Research Institute, at the Asia Pacific Petroleum Conference (APPEC), according to China Daily.
8 Oct 2026
Savita Oil Technologies Posts Record Quarterly Revenue and Profit
Savita Oil Technologies Ltd., a Mumbai-based manufacturer of lubricants and specialty oils, has recorded its strongest-ever quarterly performance, supported by substantial growth in revenue, profitability and sales volumes during the April–June quarter. According to the company’s unaudited consolidated financial results, revenue from operations increased 49.6% year-on-year to INR 14.80 billion (USD 153 million).
6 Oct 2026
Lubrizol Strengthens Singapore Innovation Hub with New R&D Capabilities and STEM Programme
Lubrizol has expanded the technical capabilities of its Southeast Asia Innovation Center in Jurong, Singapore, by introducing new facilities for synthesis, analytical science and physical sciences. Announced on October 5, the development builds on the centre’s existing application, formulation and technical testing infrastructure, enabling the specialty chemicals company to respond more effectively to evolving regional requirements and accelerate customer-driven product development.
4 Oct 2026
Mazda and ENEOS to Demonstrate E20 Biofuel in Roadster Endurance Race
Mazda Motor Corporation and ENEOS Corporation are joining forces to highlight the potential of lower-carbon fuels by introducing ENEOS EARTH ONE (E20) in a motorsport event. The fuel contains 20% bioethanol derived from plant-based sources and will be used in around 20 Mazda Roadster cars.
2 Oct 2026
Castrol Introduces CORE Thermal Management Solutions for Data Centres
Castrol has unveiled Castrol CORE, a comprehensive thermal management solution developed to address the growing cooling demands of data centres driven by artificial intelligence (AI) and high-performance computing. The launch took place in Singapore on 29 September, marking a strategic expansion of the company’s role in the data centre cooling sector.
26 Sept 2026
LANXESS, Wuxi South Explore Strategic Partnership to Bolster Asia-Pacific Lubricant Additives Supply
LANXESS and China-based Wuxi South Petroleum Additive Co. have entered into a Memorandum of Understanding (MoU) to explore potential collaboration in the lubricant additives sector, with the objective of enhancing supply chain capabilities across China and the broader Asia-Pacific region.
24 Sept 2026
Daimler Truck Places India at the Heart of New ISEAA Market Structure
Daimler India Commercial Vehicles (DICV), the company behind BharatBenz trucks and buses, has taken on a central role in Mercedes-Benz Trucks’ newly established India, Southeast Asia and Australia-Pacific (ISEAA) customer region. The new regional structure was unveiled at IAA Transportation 2026 in Hanover, Germany, positioning India as the operational hub for a market spanning 42 countries and nearly 2.8 billion people.
22 Sept 2026
Lubrizol and Tongyi Petrochemical Broaden Strategic Partnership to Global Markets
The Lubrizol Corporation and Tongyi Petrochemical are expanding their long-standing partnership beyond China, with a new strategic framework focused on global market development, supply chain integration, joint product innovation and specialty industrial lubricant opportunities.
20 Sept 2026
Lubricants Industry Pushes for Recognition of Avoided Emissions
Europe’s two main lubricants associations, ATIEL (Technical Association of the European Lubricants Industry) and UEIL (Union of the European Lubricants Industry), have jointly requested that standard-setters recognize the emissions savings delivered by high-performance lubricants used within existing fossil-fueled equipment. Downstream Working Group published a position paper addressing avoided emissions and handprint methodologies, emphasizing the need for robust, transparent, and scientifically credible standards that reflect real-world climate benefits.
16 Sept 2026
Shell Expands Grease Manufacturing Capacity in Indonesia
Shell has expanded its lubricant manufacturing footprint in Indonesia with the commissioning of a new grease production facility at its Marunda site in Bekasi. The facility was formally inaugurated on September 15, 2026, following construction that began in 2024.
12 Sept 2026
Arteco Coolant Wins NVIDIA Qualification for Data Centres
Arteco has announced that ZITREC EC 20, its premium propylene glycol 25 (PG25) direct-to-chip coolant, has achieved NVIDIA Qualified status for artificial intelligence (AI) factory and data centre infrastructure. The product is now included on the NVIDIA Validated AI Factory Infrastructure listing, positioning Arteco among a limited number of coolant suppliers worldwide to earn this designation.
8 Sept 2026
Richful posts 12% rise in first-half profit while challenging EU sanctions
Xinxiang Richful Lube Additive Co., Ltd. recorded strong growth in revenue and profit during the first half of 2026, despite facing sanctions imposed by the European Union. The Chinese lubricant additives producer is also pursuing legal action in Europe to have its designation removed.
2 Sept 2026
Clariant Strengthens Additives Innovation with New R&D Facilities in China
Clariant has expanded its research and development footprint in China with the launch of two new laboratories dedicated to its additives business. The facilities, located in Huizhou and Shanghai, give the Swiss specialty chemicals producer local capabilities covering the synthesis and development of flame retardants and performance additives.
26 Aug 2026
Shell Expands Used Lubricant Recycling Initiative in Vietnam
To comply with Vietnam's evolving extended producer responsibility (EPR) mandates, Shell Vietnam has partnered with a local recycling provider to handle the collection, transport, and processing of used lubricating oil. While the local partner manages operations and recycling procedures, Shell oversees management operations and maintains the compliance documentation required under EPR regulations.
24 Aug 2026
Valvoline Upgrades Formula E Role with Mahindra Racing
Valvoline Global Operations has deepened its partnership with Mahindra Racing, officially stepping into the role of Official Partner. Announced during the Formula E World Championship season finale in London, England, the expanded alliance merges Valvoline’s 160-year background in lubricant innovation with cutting-edge electric mobility development.




















