Marine lubes need innovation
Marine lubes need innovative performance lubes as costs and regulations change shipping use.
Marine lubes need innovative performance lubes as costs and regulations change shipping use.
Total is to invest in a new lubes blending plant set to open in 2012.
Abu Dhabi's IPIC has bought Total's share of Cepsa to take 100% stake.
Shell will sell six Gulf of Mexico fields, while Total revitalises its interests in Gabon.
Total is set to sell its 500 UK forecourts with Russia's Gazprom in the frame.
Total is claiming it's Lubemarine product will set the industry standard in low sulphur lubricants.
Shell completed the sale of its Greek downstream businesses, while Saudi Aramco has clinched $8.5bn funding for a new refinery.
Total is planning a 25,000 metric tonne lubes production plant in Saudi Arabia due to be commissioned in 2012
Chevron gains a new Chairman; GM and ILSAC lose a key figure; PTT buys into Total's blending operations and Rhein Chemie opens in China.
This month, BP appoint a new Chairman and sells its Greek fuels business; Fuchs go hunting for new acquisitions; Total suffer in the Middle East; and Taiwan CPC consider a new lubricants plant.