Falling oil prices are prompting lubes producers to revise product costs, but hard discounting can prove as troublesome as maintaining high prices in China's online marketplace
Heavy duty trucks which operate night and day may be putting a strain on their engine oil, according to Chevron.
The drive for US gas is affecting the energy majors' profitability, but the lubes sector is running a tighter ship. The internet is forcing an omni-channel model in the retail sector and OATS is re-aligning its Bulletin from next month.
Chevron Malaysia is putting more of its Caltex service stations in the hands of retailers, while Crevier announces new facility
Argentina surprised the oil and finance world by 'nationalising' YPF, scuppering a potential Sinopec deal and is now looking to Brazil's Petrobras for production investment
Chevron set to sell its Namibian assets, but Tullow faces further delays to its proposed exploration sell-off.
An alliance between Baker Hughes and Intertek is set to enhance cargo treatment additives services, while Chevron Oranite has appointed Azelis as its Euro distributor
Chevron gained permission to drill north of the Shetland Islands as a new report reveals the potential cost of North Sea decomissioning
Aramco expands its Yanbu refinery; Shell and BP consolidate in Africa; Chevron contracts but expands in Sri Lanka; better news for Fuchs; Ford sells Volvo to China; Renault-Nissan join forces with Daimler; and Afton buys Polartech.
The lastest GF-5 specs are drafted; passenger car oils will lead the lubricants recovery according to Kline; Nigeria's base oil import ban is a cause for debate and Chevron pulls out of India.
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