Shell Lubricants, Exxon Mobil, Bp and Sinopec Lubricants Dominate $6.8b global automotive lubricants market. The global automotive lubricant market was valued at $4,403.0 million in 2014, and is expected to reach $6,839.9 million by 2019, growing at a CAGR of 9.2% from 2014 to 2019. Asia-Pacific is expected to hold a market share, in terms […]
Shell Alexia S3 Transition to emission control areas (ECAs) The shipping world has been settling down to new restrictions on sulphur content in fuel, introduced after 1st January, 2015 in Emission Control Areas (ECAs). Ships in the Baltic Sea, North Sea, English Channel, and waters 200 nautical miles from the coast of US and Canada
South Africa’s SacOil is exiting Nigeria oil and gas while Eland endured and now benefiting from their investments and toil, Sacoil ended its joint venture with Nigeria’s Nigdel United Oil Company and abandoned its oil licence due to softer oil prices forcing the firm to cut costs. Global oil prices have dropped by about 40 percent
Sacoil is exiting Nigeria oil and Gas while Eland endured and now benefiting Read More »
China’s Sinopec  fuel Oil (2386.HK) and and British Petroleum (BP.L) Set Up Joint Venture for Global Marine Bunkering Business. Sinopec and BP announced today  that they have formed  a 50:50 marine fuels bunkering joint-venture, it is to be named BP Sinopec Marine Fuels Pte Ltd, BP announced this in a press release today. This company will be
Sinopec and BP Set Up Joint Venture for Global Marine Bunkering Business Read More »
