Corporate News
KenkolKobil profits up
Kenya's KenkolKobil announces 45% increase in profits
WD-40 profits lift
WD-40 reports a doubling of 2nd quarter profits.
Tags: Corporate News, WD-40
Lubrizol eyes Cognis purchase
Lubrizol are considering the purchase of German rival Cognis.
Newmarket sales boost
Newmarket additive sales boosted the company's Q1 profits.
Majors see strong Q1
The major oil producers have reported a strong start to 2010 with significant improvements in Q1 earnings
Holly announces Q1 loss
Holly Corporation announced a first quarter loss for 2010, although revenues soared.
Toyota and Kia have profitable years
Automakers Toyota and Kia both announced positive numbers despite Toyota's recall woes and global recession.
Chevron restructure continues
Chevron continue its downstream restructure with further job losses.
Emirates subsidiary signs major fleet deal
EPPCO has signed an exclusive lubes supply deal with the Ilyas and Mustafa Galadari Group.
Hinduja to float Petromin shares
Hinduja Group is planning a public sale of 30% of Saudi-based Petromin.
Mobil Australia sells retail business
Mobil Australia is selling its retail fuel business to supermarket chain 7-Eleven.
Chemtura moves away from bankruptcy
Lubes and additives producer, Chemtura, and its affiliates is stepping closer to an exit from bankruptcy
Tags: Corporate News, N America
GOIL Celebrates 50th birthday
Ghana's leading oil company celebrates its 50th Anniversary as environmental agencies warn of dangers of oil spills in Ghana.
Tags: Africa, Corporate News
Kuwait boosts European market presence
Kuwait Petroleum International is expanding its European market presence, starting with expansion of its storage facilities.
Good and bad news for Toyota
First European-made hybrid rolls off Toyota line, but there are more recalls.
Lubrizol in share buy-back
Lubrizol is set to repurchase 10% of its share capital.
Tags: Corporate News, Lubrizol
Galana seals Madagascar deal
Galana has sealed a distribution deal with Engen for Madagascar - one of a number for the Galana group.
Fuchs acquires Shell food lubes
Fuchs has bought Shell's food lubricants business for an undisclosed sum.
Shell aviation deal in UAE
Shell signs a new distribution deal for its aviation lubes in the United Arab Emirates.
World to buy Western
World Fuel Services has agreed to buy the Western Petroleum Company.
Tags: Corporate News, North America
Cognis reports historic results
German chemicals specialist, Cognis, has reported record H1 results as business booms.
Tags: Corporate News, Europe
Shell sells in Africa
Shell is set to sell its African retail and distribution business.
Sri Lanka's Laugfs to raise cash and build plant
Sri Lanka's Laugfs Holdings are set to raise millions of dollars through a share issue and plan to build a lubes plant.
Tags: Asia, Corporate News
Tide Water to acquire and hold shares
India's Tide Water Oil is looking to expand its lubes business through acquisition, while the state will retain its shareholding.
