Tongyi, a joint venture between Shell and Huo’s Group, is a prominent Chinese lubricant supplier with blending plants in Beijing, Xianyang of Shaanxi province and Wuxi of Jiangsu province. Shell acquired its 75% stake from Huo’s ...
Tags: Shell, Huo's Group, lubricant
“The sale is consistent with Shell’s strategy to concentrate its Downstream footprint on a smaller number of assets and markets where it can be most competitive,” said John Abbott, Shell Downstream Director. ...
Tags: Shell, Idemitsu, shareholding
Shell’s Upstream business in Denmark are not impacted by this agreement. Separately, Shell is seeking a buyer for its Fredericia refinery. The sale is subject to regulatory approvals and is expected to complete in 2015. Details of ...
The sale is subject to regulatory approval and is expected to be completed in 2015. The transaction includes a Retail Brand Licence Agreement which will ensure that Shell’s brand remains highly visible in Norway and that ...
Tags: the sale, the transaction, the deal
The sale covers Shell’s Geelong Refinery and 870-site retail business - along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in Australia. It also includes a brand license arrangement and an exclusive ...
Sinopec Lubricant Company held a promotion conference themed with “Boundless Lubrication for Win-Win Cooperation” in Colombo, Sri Lanka on May 17. The president units, director units and member units of Chinese Enterprises ...
Tags: promotion conference, oundless Lubrication for Win-Win Cooperation
Sinopec Lubricant Co.,Ltd. cooperated with Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC) to win a bidding for port equipment lubricants of PSA recently. Sinopec will supply PSA with hydraulic oil, gear oil and extreme pressure ...
Tags: ZPMC, PSA, port equipment lubricants
Mercedes-Benz recently started global lubricant supplier bidding project held every three years, extending an olive branch to Sinopec’s Great Wall lubricants firstly. The Great Wall Lubricants has obtained technology certification ...
Tags: Mercedes-Benz, Great Wall Lubricants, lubricant supplier bidding project
ExxonMobil today announced plans to increase production of ultra-low sulfur fuels at its Beaumont refinery by approximately 40,000 barrels per day, further strengthening its integrated downstream portfolio while meeting environmental ...
Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...
Tags: second quarter 2016, results
Alan Kelly, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has announced his intention to retire effective Aug. 1, 2016, after more than 34 years of service. It is anticipated that the board of directors of ...
Tags: Alan Kelly, retirement, Bryan Milton
China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...
Tags: CNOOC, Shell, final investment decision, expasion
A Long March 2F rocket carrying the Tiangong II space lab blasted off at the Jiuquan Satellite Launch Center in Northwest China on September 15. Sinopec’s Great Wall Lubricant provided lubricating service for the launch. ...
Tags: Great Wall Lubricant, Tiangong II
Shell has reached a conditional agreement with Malaysia Hengyuan International Limited (MHIL) for the sale of its 51% shareholding in the Shell Refining Company (SRC) in Malaysia for $66.3 million. It is MHIL’s intention for SRC to ...
Tags: SRC, shareholding, MHIL, conditional agreement
Iveco, a brand of CNH Industrial (NYSE: CNHI /MI: CNHI), presented its world premiere IVECO Z TRUCK at the 2016 IAA Show in Hannover, Germany. IAA is the commercial vehicle industry's leading international trade show, taking place every two ...
Tags: Iveco, IVECO Z TRUCK, IAA Show