The API is set to review the standards development process following the nine year development period for the lastest GF-6 spec. But the approved spec could now roll-out faster than expected across EMEA.
Tag: Lubes marketing
A mixed set of Q2 2019 reports from the oil majors and lubes producers including Shell, BP, ExxonMobil and Fuchs.
The much heralded, and much delayed, ILSAC GF-6 engine oil specification is finally approved and a launch date revealed. Meanwhile Japanese OEMs push specs harder.
Lubrizol and Lanxess are amongst the latest lubes and additive suppliers to announce new product as the industry faces the challenge of rising development costs to meet the low-viscocity trend.
Tata partners with Valvoline Cummins for exclusive product range, while Saudi Aramco and Hyundai Heavy Industries subsidiaries announce a deal to give Aramco broader downstream growth.
A generally volatile market has led to slightly depressed numbers for most of the oil majors at the start of the year, but their CEOs are confident of being able to manage the volatility.
India set to purchase more oil products - particularly gasoline and diesel - than China, making it the world's second largest oil consumer.
Shell will partner with Pitstop, India's leading doorsetp car-services company to provide periodicoil service to vehicles.
Lubes production plants win global Zero Waste validation Silver standard.
BP's highest quarterly results for more than five years demonstrates the trend of increased profits and revenue for oil majors.