World to buy Western
World Fuel Services has agreed to buy the Western Petroleum Company.
World Fuel Services has agreed to buy the Western Petroleum Company.
Valvoline and Shell are both facing sanctions for advertising authorities over product claims.
Federal-Mogul has launched a new coated piston which, it claims, can save up to 0.8% in fuel consumption and reduce friction.
BP appears to have successfully capped the leaking Horizon Deepwater well, although the move is temporary until relief wells can be completed.
BP are seeking new options to stem the flow of oil from the Gulf of Mexico seabed after the Deepwater Horizon explosion last month.
Chevron continue its downstream restructure with further job losses.
The US Federal Railroad Administration is offering $700,000 for research into biofuels and biolubes in railway locomotives.
Ghostbusters star Dan Aykroyd gives a spooky interview after being appointed Art Car Grand Marshall
Holly Corporation announced a first quarter loss for 2010, although revenues soared.
API has approved the SN and SN Resource Conserving engine oil categories in line with ILSAC GF-5