Lubes producers are identifying partnerships, new markets and product innovations to differentiate in a constantly changing global environment.
Many of the oil majors are taking a greener approach to product development and how they run their businesses.
BP continues to move into the mobility sector with purchase of a city transportation app.
The oil majors delivered disappointing short-term news to thier shareholders after earning and profits were hit across the board as a result of lower oil prices and increased costs.
Oil major Exxon-Mobil is expanding its low-emissions technology research in India, while backing Porsche's Formula E motorsport programme
The South American passenger car market is expanding according to reasearch, with Mobil and Shell set to take advantage.
A mixed set of Q2 2019 reports from the oil majors and lubes producers including Shell, BP, ExxonMobil and Fuchs.
Laboratories, Group II base oil, lubes and additive plants all announced in expansion plans.
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.
Lubes production plants win global Zero Waste validation Silver standard.