Corporate News

Take a lookOATS Corporate News at our most recent corporate news articles which we have selected as most relevant to the OATS audience. New articles will be added every week.

To search for specific news over a longer period use our news filter tool...


India's Tide Water Oil is looking to expand its lubes business through acquisition, while the state will retain its shareholding. Read more...
 
Sri Lanka's Laugfs Holdings are set to raise millions of dollars through a share issue and plan to build a lubes plant. Read more...
 
Shell is set to sell its African retail and distribution business. Read more...
 
German chemicals specialist, Cognis, has reported record H1 results as business booms. Read more...
 
World Fuel Services has agreed to buy the Western Petroleum Company. Read more...
 
Shell signs a new distribution deal for its aviation lubes in the United Arab Emirates. Read more...
 
Fuchs has bought Shell's food lubricants business for an undisclosed sum. Read more...
 
The European car market remains volatile with German and Italian sales down, but France and the UK see signs of improvement. Read more...
 
Galana has sealed a distribution deal with Engen for Madagascar - one of a number for the Galana group. Read more...
 
Lubrizol is set to repurchase 10% of its share capital. Read more...
 
First European-made hybrid rolls off Toyota line, but there are more recalls. Read more...
 
Kuwait Petroleum International is expanding its European market presence, starting with expansion of its storage facilities. Read more...
 
Shell completed the sale of its Greek downstream businesses, while Saudi Aramco has clinched $8.5bn funding for a new refinery. Read more...
 
Ghana's leading oil company celebrates its 50th Anniversary as environmental agencies warn of dangers of oil spills in Ghana. Read more...
 
Lubes and additives producer, Chemtura, and its affiliates is stepping closer to an exit from bankruptcy Read more...
 
Mobil Australia is selling its retail fuel business to supermarket chain 7-Eleven. Read more...
 
Hinduja Group is planning a public sale of 30% of Saudi-based Petromin. Read more...
 
EPPCO has signed an exclusive lubes supply deal with the Ilyas and Mustafa Galadari Group. Read more...
 
Chevron continue its downstream restructure with further job losses. Read more...
 
Automakers Toyota and Kia both announced positive numbers despite Toyota's recall woes and global recession. Read more...
 
Holly Corporation announced a first quarter loss for 2010, although revenues soared. Read more...
 
The major oil producers have reported a strong start to 2010 with significant improvements in Q1 earnings Read more...
 
Lubrizol are considering the purchase of German rival Cognis. Read more...
 
Shell looks to sell Finnish and Swedish assets. Read more...
 
WD-40 reports a doubling of 2nd quarter profits. Read more...
 
Kenya's KenkolKobil announces 45% increase in profits Read more...
 
Aramco expands its Yanbu refinery; Shell and BP consolidate in Africa; Chevron contracts but expands in Sri Lanka; better news for Fuchs; Ford sells Volvo to China; Renault-Nissan join forces with Daimler; and Afton buys Polartech. Read more...
 
Q4 brings some relief for specialists; Imperial, BP and GS Caltex change direction; Toyota under global recall spotlight, but less attention for VW. Read more...
 
Q4 upturns offer some relief after poor year for majors; large downstream restructures planned; Lubrizol announce $1bn investment plan; positive results for Ashland; Sinopec gain Singapore go-ahead; UK companies active in Asia; Saab is saved. Read more...
 
Canadian deals are prominent; Australia's Caltex streamlines capacity; Ford steps closer to Volvo sale, but Saab faces extinction; Shell sells in Scandinavia; and merger and investment news in Uganda. Read more...
 
More positive Q3 results; Shell and Chevron buy and sell; India Oil invest in R & D; and serious warnings from the commercial vehicle sector. Read more...
 
Chemicals are buoyant in Q3, controversy over the Lyondell ressurrection, VW drives ahead, a new truck deal for Cat and Navistar, and Valvoline chooses Prista. Read more...
 
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. Read more...
 
Corporate news is dominated by Q2 results from the oil producers, showing the full impact of the global recession. There are, however, small signs of recovery and news of acquisitions around the world. Read more...
 
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. Read more...
 
The Fiat, Chrysler, GM, Magna loop is finally closed; Shell undergoes a major restructure; Chevron and ExxonMobil have a busy month and there is plenty of activity in Malaysia. Read more...
 
Fiat’s bid for global automotive domination is the focus of a packed "In The Mix" section, with Q1 figures from the major oil producers, Valvoline up for sale and some good news for NewMarket and Petrobras also making the news. Read more...
 

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