Photo courtesy of Castrol India Reliance BP Mobility Limited (RBML), a joint venture between Reliance Industries Limited (RIL), and British energy major BP, has appointed Kedar Apte as chief marketing officer (CMO). His key roles will include fuel, convenience retail, electric vehicles charging, etc. Operating under the “Jio-bp” brand, the Reliance Industries and BP pan-India fuels…
DetailsPhoto courtesy of ReGen III ReGen III Corp., formerly known as Gen III Oil Corporation, has signed a definitive, multi-year offtake agreement for bp to purchase all of the company’s base oil to be produced from its proposed 5,600 barrel-per-day (bpd) U.S. Gulf Coast re-refining facility. The USGC Facility will serve as the foundation for…
DetailsPhoto courtesy of Shell Raízen, a joint venture between Royal Dutch Shell Plc and Cosan SA, is acquiring Shell’s lubricant business in Brazil. In a securities filing this week, Cosan said the agreement signifies “the acquisition of the entirety of Shell’s lubricants business in Brazil by Raízen.” Shell’s lubricant assets include the lubricant blending plant located…
DetailsPhoto courtesy of Grindaix GmbH Quaker Houghton, a global leader in industrial process fluids, has entered into an exclusive joint venture with Grindaix GmbH, a German-based, high-tech provider of coolant control and delivery systems. Grindaix is a spin-off from RWTH-Aachen, a public research university located in Aachen, North Rhine-Westphalia, Germany. Grindaix specializes in optimizing and…
DetailsPhoto courtesy of Q8Oils Q8Oils, a subsidiary of Kuwait Petroleum Corporation (KPC), and INNIO Jenbacher launched Jenbacher S Oil 40 gas engine oil for engines that do not operate on natural gas, including, but not limited to, biogas, sewage gas and landfill gas. This lubricant is one of the first products developed by the long-term…
DetailsPhoto courtesy of INNIO Jenbacher Q8Oils has signed a long-term global partnership agreement with INNIO Jenbacher to supply lubricants for all Jenbacher gas engines that operate on non-natural gas, including biogas, sewage gas and landfill gas. Combining the technical expertise and knowledge of INNIO Jenbacher and Q8Oils will further enhance the durability and efficiency of…
DetailsPhoto courtesy of Phoenix Petroleum Phoenix Petroleum Philippines announced it will sell PNX Lubricants, the company’s market-entry product under its newly established overseas subsidiary Phoenix Petroleum Indonesia. Two years ago, the company announced its plan to invest in at least five countries in the Asia-Pacific region, including Australia, Indonesia, Myanmar, Thailand and Vietnam. “Indonesia currently has…
DetailsPhoto courtesy of Phoenix Petroleum Phoenix Petroleum has received the approval for its license application for API SN category from the American Petroleum Institute (API) for one of its automotive lubricant products, Phoenix Accelerate Super G 15W-40. The Phoenix engine oil received the license approval from API after passing the testing and certification process. “We…
DetailsPhillips 66 Lubricants announced the launch of its electric vehicle fluids product line called Phillips 66 e-Shield. Optimized for electric vehicle performance and protection, e-Shield is a new line of products, including system fluid, grease and coolant, designed to fulfill the unique needs of electric vehicles. These lubricants use modern proprietary formulations to enable extended…
DetailsPhoto courtesy of PetroChina PetroChina, China’s second-largest refiner, said it will endeavor to achieve peak carbon emissions by around 2025 and “near-zero” emissions by around 2050. To achieve these targets, PetroChina said it will carry out five development strategies: innovation, resources, market, internationalization, and green and low-carbon. “While complying with laws and regulation and laying…
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