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Oil majors release Q1 reports

Petron Malaysia has quit the lubes business to focus on fuel and gas

Bids by companies offering to take over the bankrupt refiner's site have been rejected. .

GE to buy oil pump maker Lufkin for nearly $3 billion

Chinese car maker drops subsidiary brand strategy

China's major automakers fail to beat off competition in 2012 to post heavy losses.

Two of the world's largest vehicle rental companies are seeking an alliance

Nissan boss moves the targets for growth after tensions.

A 100% purchase signed by Lukoil for Samara-Nafta awaits final approval from the authorities.

Phillips 66 has appointed a new general manager of lubricants

Russia's Rosneft has overtaken ExxonMobil to become the world's biggest oil company after sealing the TNK-BP deal.

ONGC and Oil India have bid for a 20% stake in Mozambique's lucrative Rovuma oil & gas field, but China is also staking a claim

Record numbers recalled after gearbox fault is identified.

Chinese automaker to boost products output to keep up with market expansion

German automaker set to double production over next five years

China's largest oil producers likely to be hit by combination of increased refining costs and fluctuating crude prices and show falling profits for 2012.

Hess is the latest energy giant to join the list of split-ups as it offloads Hetco to focus on exploration and production

Fuchs Petrolub AG set record earnings in 2012, with further ambitious targets for 2013.

Rosneft and ExxonMobil are using the 2011 Strategic Cooperation Agreement to expand their cooperation.

New vehicle sales and production still buoyant despite expanding used-car market.

Chinese oil major set to take a share in Australian exploration interests

China's used car market overtakes new vehicle sales in 2012.

French tyre-maker opens new plant in Liaoning Province.

Chinese automaker likely to be hit by more than 600m Yuan losses after being hit be Japanese boycott.

Total is seeking a closer relationship with Masdar on future solar energy deals as Abu Dhabi plant nears completion.

Gulf Oil seals the deal for Houghton International

Details of the siege at the In Amenas gas facility are still being investigated after 37 overseas employees, including senior execs were killed.

Exports booming as China's car majors look abroad for business.

Major car manufacturers see production levels improve after being hit by protests.

China overtakes Europe as it tops the passenger vehicle sales table

Phillips 66 and Chevron plan 2013 capital budgets worth around $40bn, with Phillips 66 also announcing creation of an MLP.

UK-based construction specialists win two project contracts worth more than $1bn

Indonesian oil major set to spend billions on projects including a new HQ

Deepwater Horizon operator pleads guilty and pays the price for its part in the Gulf disaster

Chinese group beats US Johnson to bankrupt battery-maker's assets at auction.

German automakers' sales reach new milestone with forecasts for similar figures over the next three years.

Japanese car sales are forecast to rally in China as cross-border tensions ease.

BP to sell package to Taqa

ECL has announced the formation of a new subsidiary in Germany.

ConocoPhillipsis set to to sell its interest in the North Caspian Sea Production Sharing Agreement

French major sells stake in African oilfield to Chinese.

A tender process over the next few months will herald a new Shell blending plant in Indonesia.

Company blames domestic tariffs and gas import losses

Major Sino-European automotive venture is given government approval

Increased sales leave overseas competitors in the wake of domestic producers.

Automakers form strategic alliance in Chinese industry first

Japanese car maker to quit the US after nearly thirty years of sales.

There were mixed results for additives and chemical companies in Q3 as the market shows signs of slowing.

BP defied the analysts with strong Q3 results as most of the other oil majors see poor performance.

SK Lubricants is looking to boost its cash reserves in one of South Korea's largest share sales.

Domestic lubes maker hit by currency issues and rising costs.

VW is planning a possible 14th car plant in China

Shandong subsidiary takes on forklift maker.

Miller Oils opens an new R&D Centre as GB Oils seals Tincknell takeover.

BP is set to dispose of its PTA operations to its Malaysian plant owner.

Gulf Oil is leading the bids for Houghton International.

CNOOC's bid for Canada's Nexen has cleared a major legal hurdle on the way to completion.

Exxon is to expand its synth lubes production with expansion of its Baton Rouge operations, while closing other sites.

Malaysian lubes supplier to provide non-motor oil products to Perodua

Summer production slow-down reduces dealer glut.

Joint venture between US and Japanese car makers is positive for Ford.

Shale oil and gas producer reveals ambitious plans for the future.

Anti-Japanese protests damage production at major car plants across China.

Sinopec and PetroChina look for overseas acquisition to offset losses

Sinopec is China's highest earning business again in 2011 with $402bn revenues

An Indian state-owned lubes producer is set to open it's first European plant to boost sales of the Veedol brand.

Nigerian oil producer Conoil is planning a major investment aimed at stimulating domestic lubes sales.

Japanese oil producer continues its recovery with news of a lubes operation in Vietnam.

Saudi Aramco has received bids from Europe and Asia for expansion of its Yanbu refinery.

BP is continuing towards its $38bn asset sales target with the latest disposal of Gulf fields.

China's car sales may receive a boost as many younger buyers turn to loans and credit financing

Chinese oil major suffers the after-effects of last year's oil spill despite recent positive exploration news.

The Second Half of 2012 is set for growth in China's auto market, but dealer inventories continue to expand.

CNOOC announced a massive bid for Canada's Nexen, which has led to a political backlash across North America

Distributor Samuel Cooke will survive, at least in name after rescuer arrives.

Unlike the oil majors, the chemical and downstream specialists showed buoyant Q2 figures.

Oil majors show drop in Q2 profits with BP the hardest hit, while its asset sale continues with the Carson Refinery.

Ducati's new owners have pledged to keep the brand unchanged at a workforce meeting

Geely and Chery boost overseas output in developing countries.

PetroChina's parent company reports healthy growth in overseas output.

Energy service provider buys into oilfield services company to strengthen China links

More than half of China's car brands may disappear within five years according to analysts

Third time lucky hope for Fiat production in the world's largest auto market.

Shell and PTT continue bidding battle for Cove Energy

Calumet confirms Royal Purple deal, Cosan completes Comma purchase, but Evonik puts IPO on hold.

VW has taken a controlling stake in Porsche as the German Group continues to grow its worldwide market

Nissan moves its luxury brand HQ in Hong Kong

Lubes specialists Calumet is set to boost its lubes business with the purchase of Royal Purple

Rosneft could be in the market to buy BP's share of troubled Russian joint venture

Brazilian lubes distributor by the country's gas equivalent from UK's BG.

A Saudi group is looking to offload its stake in a JV with Fuchs Petrolub as the German company eyes investment in Australia

Q1 figures from South Korea's SK Group show record export figures.

US Pipeline company boosts capacity with purchase of key oil distributor.

Chinese automaker seeks permission to seal JV agreement and make initial investment in a new production plant.

Chinese automakers are aiming for increased profitability in 2012 despite a poor 2011.

Audi is looking to the China market to boost sales beyond 1.5m as BMW opens new dealerships to play catch-up.

More luxury car dealerships are springing up across China as Porsche and Aston Martin announce new locations

Afton Chemical and Fuchs Petrolub show positive starts to the year.

Shell and Chevron both announced positive Q1 figures.

Downstream business struggles as BP finds trading hard going while ExxonMobil has the opposite experience.

German car maker lands iconic Italian motorcycle brand

Valvoline and parent company Ashland reported mixed Q2 results as a deal is struck with TNK-BP to market lubes in Russia

Lubrizol is aiming at significant expansion through increased capital expenditure in 2012 and 2013.

ConocoPhillips Board agrees spin-off and new company begins trading as Q1 results reveal a drop in profits and more Chinese compensation payments.

Geely and Guangzhou look to JVs to boost business.

Chinese automaker SAIC sees 67% profit leap helped by VW joint venture and forecasts a good year to come.

Mixed results for CNOOC and Sinopec but both on upward path

Petrochemicals giant to build multi-million dollar technology centre.

Chinese car makers see profits nosedive after sales drop and Saab fallout takes its toll.

Chinese automaker aiming to be the nation's largest vehicle exporter

VC deals see waste fuel and chemical companies change hands.

Exxon has been overtaken as the world's largest publicly traded oil producer by Chinese rival

Malaysian distributor eyes significant sales revenue as Petronas links with country's automaker.

Germany's VW continues its global rise, but ACEA's latest figures show a slump in total vehicle sales across Europe.

Iconic British brands to invest on hopes of government approval of joint deal.

Fiat-Chrysler and Volvo seek Chinese partners despite policy limitations

Growth predictions may prove optimistic for foreign and domestic car makers this year.

Profit slumps blamed on weak domestic demand and market saturation

Private equity giant buys stake in Chinese lubes additive manufacturer.

Sinopec is set to buy upstream and gas assets from China Petrochemical Corporation.

Brazil's largest ethanol exporter has bought and Exxon-owned UK oil and chemicals business.

Shell is set to close blending and distribution operations but open a new blending plant and save a Petroplus refinery.

France's Total and Germany's Fuchs Petrolub announce strong 2011 numbers after good Q4 finishes.

BP delivered a strong finish to 2011 and is set to sell Global LPG bottling assets and US natural gas processing operations in Kansas.

Volvo to increase vehicle production through new joint enterprise

Two major suppliers to the Chinese vehicle market have set ambitious targets for the year.

US car giant set to increase Chinese production by a third.

French lube producer signs a co-operation deal with China's largest SUV manufacturer.

China's largest oil producer looking for a massive acceleration in output.

Two auto majors to use joint venture to expand Chinese-based manufacturing operations

Slow revenue growth report for 2011 by China's oil major

A slowing economy and New Year celebrations have slowed the auto market in China.

Pertamina announces resources set aside for significant overseas expansion plans

Afton Chemical and parent company, NewMarket, saw a strong 2011 despite a decline in the final Quarter.

ExxonMobil has offloaded its refining division in a multi-billion dollar sale

China's largest car rental company turns to North America to raise capital.

Swiss refining independent Petroplus has filed for insolvency, threatening European jobs and supply.

Fuchs is using joint ventures to take a firm foothold in Turkey's lubricants market

Overseas car makers are set to have their ambitions trimmed when it comes to investing in China's auto industry.

Domestic and overseas car makers aim to defy slowing China market in 2012

China Petrochemical is set to clinch two major refinery deals in the Middle East.

Daylight Energy's sale to Sinopec was sealed at the end of 2011.

US-based Safety-Kleen is to boost its blending capacity with a new plant

A new banking report puts forecasts China's growth below 8%.

Car maker Daimler is looking for a Chinese investor to boost market share in domestic sales.

ExxonMobil is set to consolidate it fuels and lubes marketing divisions

Swedish car brand finally declared bankrupt despite last-ditch efforts to save it.

VW takes total Chinese assembly plants to 13 by 2013.

Shell has sold two key mining blocks in Nigeria to local operators.

BP is set to divest its Natural Gas Liquids operations to a Canadian operator

Prista takes on UzTexaco stake to increase its lubes output.

Car and battery maker suffers as debts mount

Ashland has sold part of its specialist synlubes operations and settled on a distributor in Cambodia.

Russian sales help boost flagging Chinese automakers

Sinochem is turning to the Shanghai market to raise massive fund injection.

Shell has disposed of its share in Petcen to Sinopec.

Sinopec buys stake in Brazilian deep sea oil blocks.

The proposed sale of Pan American Energy to Bridas falls through and BP looks no further.

US chemical specialists to buy grease manufacturer by end of the year.

Chemical specialist to produce oxo derivatives from South China factory.

Automaker to push for Brazilian market as domestic sales drop.

French oil major to build new Tianjin plant.

South Korean carmaker to establish new factory in Jiangsu as truck manufacturer heads for India

Chinese government's deal approval seemed like salvation for Swedish car maker, but GM proves otherwise.

Shell, ExxonMobil and Chevron all revealed strong Q3 results, although ConocoPhilips saw a fall.

BP is extending its asset sales targets after announcing strong Q3 figures

VW has overtaken last year's earnings with a quarter of 2011 still to go.

Cosan extends its rights for Mobil brand sales in Latin America

CNPC is looking to foreign resources to secure China's oil futures.

A mixed third quarter for two of China's largest car makers.

Pace accelerates on Chinese vehicle sales despite government restrictions.

Joint venture signed for heavy truck production.

Sonangol is taking steps to return to business as usual after factory fire.

BP says it won't negotiate on Rumaila Field contracts and is shy on Macondo legal deal.

Chevron set to sell its Namibian assets, but Tullow faces further delays to its proposed exploration sell-off.

World's major car makers fear China expansion could cause cheap dumping.

Deal will hand over oil and gas operations in billion dollar deal.

A Serbian lubes factory has seen significant growth after becoming a state-owned operation

The car rental market is flourishing and set to rise further by 2015 according to latest forecasts

Cash-rich United Energy Group is on the lookout for potential purchases worldwide.

Saab continues to fight closure thanks to a further cash injection while UK arm stays 'unaffected'.

Germany's Brenntag has bought UK-based chemicals distributor

Japanese lubes specialist set to expand US blending and storage operation.

Lubrizol is set to refurbish its Mumbai laboratory

ExxonMobil has sold its downstream operations in Malaysia to a Philippines company.

Australia's AED Oil in administration after Puffin Oil field arbitration decision goes against them.

Indian buyers freed up to repay Iran debts as Ghana looks to payment in kind to offset China loan.

New report suggests that China's oil SOEs are making poor overseas investments.

Nissan's Chinese division plans to almost double annual sales within the next five years.

A Q2 slip in profits, but half year shows marginal improvement for Castrol's India operations.

A new base oil and chemical refinery are being planned by JX Nippon Oil and SK Innovation as part of a new JV.

The joint Russian-UK company has applied to buy a stake in Lotos.

Q2 results mixed for the major oil and lubes producers.

Brazil's Petrobras has approved a five year plan to include $220bn investments.

Lubrizol's Q2 figures take a dip, but there are plans for a major R&D centre in China.

Oil sands developer OPTI Canada is set for sale to CNOOC Luxembourg.

BP's profits continue to rise as the company recovers from last year's Gulf spill.

A New York based lubes producer has had its operations destroyed by a massive fire.

ConocoPhillips is to split its refining and exploration units as the trend grows.

Chongqing Lifan is to set up an auto production plant in Brazil.

PetroChina has signed a joint venture agreement for refining operations in Scotland and France.

Puma Energy launches Zambia division.

Total will continue to supply OEM lubes to Mazda Europe.

Marathon Oil spins off its refining division to become fifth largest in US.

PetroChina reports significant losses for the start of 1011 but product sales keep it ahead.

Saab returns to production as normal after two Chinese companies take a stake

Volvo's global sales have been boosted by a buoyant Chinese market, along with Ford and Mercedes, but GM dips slightly.

Australia's Petsec is set to sell its Chinese assets to invest in US shale oil.

Chrysler repays its loans to Canada and the US ahead of schedule.

Joy Global acquires mining OEM LeTourneau from Rowan.

BP sells its UK inshore operation to UK based Perenco.

A third Chinese company has now stepped forward as a likely saviour of the Saab brand.

BP's Rosneft deal fails after the companies and AAR are unable to strike a deal over TNK-BP.

The auto industry continues a slow recovery after massive production losses following the earthquake but Nissan still posts a profit.

The Saab brand has received more finance from China, this time through Hawtai Motor Group.

China's BAIC is looking to break into the top ranks of the auto manufacturers in the next five years.

Lubrizol showed positive Q1 results despite bearing costs from the Hathaway takeover

SK Group has posted record exports during a positive Q1.

NewMarket has reported a "terrific year" helped by strong results from its Afton Chemical subsidiary but Ashland saw Valvoline down despite recent launch in Pakistan.

Q1 results from Shell and Exxon show a good start to 2011 as does BP and it's Russian subsidiary TNK-BP

China and Brazil's leading oil producers join forces in co-operation deal

Mobil Jamuna Lubricants listing bid is blocked in Bangladesh as Calumet aims to raise funds with share sale in US

Total is to invest in a new lubes blending plant set to open in 2012.

Shell sells the majority of its downstream Chilean business to Quinenco and Exxon is set to sell businesses across six countries.

Essar Oil has bought Shell's Stanlow refinery in the UK

Nigeria's Oando and Sweden's Univar are planning major plant upgrades to help supply.

Warren Buffett has bought Lubrizol through his Berkshire Hathaway Corporation

Indonesia's Pertamina is set to invest in an Asian lubricants production plant

BP is hoping to sell a number of UK onshore and offshore oil and gas fields.

Fuchs Petrolub saw a significant increase in revenues and BASF broke its sales records in 2010

Indian group Essar is bidding for Shell refineries including Stanlow.

BP is looking for a buyer for it's historic Duckhams and Veedol brands.

Abu Dhabi's IPIC has bought Total's share of Cepsa to take 100% stake.

Chemical group Clariant is to buy competitor Sud-Chemie as part of its restructuring process.

Chevron has sold the majority of its Spanish operations to Cepsa.

Shell and ExxonMobil declare significant profit increases in their final results for 2010.

BP's latest figures showed a loss as a result of the Gulf oil spill, but has re-started dividend payments to shareholders.

Chevron, Ashland and Conoco all showed positive finishes to the financial year.

Schilling Robotics is expanding its ROV support centres

WD-40 is introducing a new industrial product range

German additive specialist is aiming for significant global growth through exports

Shell has signed two new Alliance Distributors in separate Canadian provinces.

SK Energy is to be renamed as SK Innovation and spin-off a number of key operations into stand-alone units.

BP is set to offload its Pakistan upstream operations to United Energy Group.

Quaker Chemical Corp has acquired specialist grease maker Summit Lubricants, while Sea-Land Chemicals opens in Europe

Russia's Lukoil benefitted from a strong domestic DIY and industrial lubes market in 2010, with SOCAR making the most of increased lubes demand in Azerbaijan.

Shell is set to sell iconic brands including Slick 50 to Illinois Tool Works.

Western Australia's Gull Petroleum has been sold to Ausfuel, keeping the company in independent hands

Chemical specialist BASF received good news from the EU over Cognis and is set to help Gazprom

Spain's Repsol has signed a five year distribtuion deal with UMW.

GS Caltex and Samsung C&T are to join forces to push into China's rapidly growing lubes market.

Shell will sell six Gulf of Mexico fields, while Total revitalises its interests in Gabon.

Statoil has sold 40% of its Alberta oil sands project to PTT Exploration.

BP is to sell five of its African marketing businesses, while Chevron sells marketing and aviation in the Caribbean and Central America.

Caterpiller is set to buy mining equipment maker Bacyrus in a multi-million dollar deal.

Ashland Inc has sold its global distribution business to TPG Capital.

Chemtura posted strong Q3 figures as it finally exits bankruptcy

Fuchs Q3 figures show strong growth through first nine months of 2010.

Specialist additives producer Calumet showed strong Q3 figures in line with the majority of the competition.

A recent meeting with overseas energy companies gives an insight into the South Korean lubes producers' challenges.

Austria's OMV has taken its share in Turkey's Petrol Ofisi to 95% after its latest purchase.

Auto manufacturer, VW saw profits more than treble as it heads into the final quarter.

Engineering giant SKF has acquired US-based Lincoln Holdings to expand its lubricants systems business.

The household lubricants company continues to grow and predicts more.

Georgia's oil distributor, Wissol, signs an exclusive deal with Total.

Johnson Matthey has agreed to buy the leading supplier of cracking additives.

Mobil Jamuna is set for the a massive public share offering on the Bangladesh stock market.

Chevron gained permission to drill north of the Shetland Islands as a new report reveals the potential cost of North Sea decomissioning

Fuchs' buoyant first half figures indicate increasing optimism in the European economy.

Petronas in Malaysia announces an exclusive lubes supply deal with car maker Proton.

Kolkata-based Balmer Lawrie is investing in its auto lubricants business as it plans expansion

Shell have topped the global finished lubes market for the fourth consecutive year according to Kline.

Total is set to sell its 500 UK forecourts with Russia's Gazprom in the frame.

India's Tide Water Oil is looking to expand its lubes business through acquisition, while the state will retain its shareholding.

Sri Lanka's Laugfs Holdings are set to raise millions of dollars through a share issue and plan to build a lubes plant.

Shell is set to sell its African retail and distribution business.

German chemicals specialist, Cognis, has reported record H1 results as business booms.

World Fuel Services has agreed to buy the Western Petroleum Company.

Shell signs a new distribution deal for its aviation lubes in the United Arab Emirates.

BP appears to have sealed the Macondo oil well in the Gulf of Mexico, but the distaster has cost the company it's CEO, Bob Hayward.

Fuchs has bought Shell's food lubricants business for an undisclosed sum.

Galana has sealed a distribution deal with Engen for Madagascar - one of a number for the Galana group.

Lubrizol is set to repurchase 10% of its share capital.

First European-made hybrid rolls off Toyota line, but there are more recalls.

Kuwait Petroleum International is expanding its European market presence, starting with expansion of its storage facilities.

Ghana's leading oil company celebrates its 50th Anniversary as environmental agencies warn of dangers of oil spills in Ghana.

Lubes and additives producer, Chemtura, and its affiliates is stepping closer to an exit from bankruptcy

Mobil Australia is selling its retail fuel business to supermarket chain 7-Eleven.

Hinduja Group is planning a public sale of 30% of Saudi-based Petromin.

Statoil has agreed the sale of a 40% stake in the Bazilian Peregrino field to Sinochem

Fuel additives and chemicals specialist sees oilfields as next growth area.

EPPCO has signed an exclusive lubes supply deal with the Ilyas and Mustafa Galadari Group.

Chevron continue its downstream restructure with further job losses.

Automakers Toyota and Kia both announced positive numbers despite Toyota's recall woes and global recession.

Holly Corporation announced a first quarter loss for 2010, although revenues soared.

Russian marines overcame Somali pirates who had hijacked a tanker on its way from the Red Sea to China.

The major oil producers have reported a strong start to 2010 with significant improvements in Q1 earnings

Newmarket additive sales boosted the company's Q1 profits.

Lubrizol are considering the purchase of German rival Cognis.

WD-40 reports a doubling of 2nd quarter profits.

Kenya's KenkolKobil announces 45% increase in profits