ExxonMobil to build new R&D facility in 2015
US major plans to expand its presence in China with a new lubes lab in Shanghai\n
US major plans to expand its presence in China with a new lubes lab in Shanghai\n
The third quarter results for 2014 are mainly neutral or positive, despite falling oil prices, although BP has seen a fall in earnings.
ExxonMobil is planning to install a new processing unit at its Slagen refinery to enable production of a higher-yield feedstock.
Exxon opens and OEM-focussed tech centre in Germany, as chemical specialist Lubrizol breaks ground on new operation to meet Brazil's domestic surfactant product demand as
ExxonMobil Premium Heavy Distillate Marine (HDME 50) will comply with upcoming sulphur cap.
RUSAL and Rosneft have signed an agreement for the supply of petroleum coke and natural gas to RUSAL's plants. The Russian Energy Ministry plans to introduce a complex export tax formula for different grades of base oil.
In a recent interview, an Exxon China rep highlighted the importance of word-of-mouth recommendation in the digital age
30 years of OATS has seen plenty of change in the global and Chinese lubricants markets. Now China's oil majors are under pressure from smaller domestic producers and larger overseas competitors. 2014 is a time of convergence both nationally and internationally.
12 people arrested in connection with a multi-million dollar counterfeit lubricants ring\n
Sinopec and CNPC are under increasing pressure from foreign and domestic oil producers\n