First quarter 2017 sees oil majors in the black by some margin.
Oil majors have reported a significant improvement in earnings and profit.
Oil majors have reported a significant improvement in earnings and profit.
New research from Transparency shows that products from regional lubes makers will increase pressure on an auto lubes market set to be worth $79bn by 2024.
BP and Fuchs are bucking the downwards trend for the fourth quarter 2016.
Shell has reported a large increase in CCS earnings amidst mainly poorer figures.
ExxonMobil hopes its new crosshead slow speed test engine will be able to accommodate different fuels.
Tech, oil major and Chinese independent lubes producer link up for a joint marketing and tech alliance.
Independent, Fuchs, was the only ray of sunshine for 2016 Q1 figures, with all the majors reporting either a loss or a drop in earnings.
Buoyant on growth prospects, the US major will more than double capacity at its Taicang plant
Oil majors face continued misery as oil prices hit $30 a barrel.
Low oil prices continue to drag positive downstream performances.