Photo courtesy of SKF An oil-recovery system, which SKF has used to regenerate lubricant at two of its production plants, is now available to customers as a service. SKF RecondOil’s Double Separation Technology (DST) continually removes contamination, including nano-sized particles, from lubricating oils. This allows for a circular use of the oil, over a longer…
DetailsOn February 20, 2019, the United States – winning card Lexington, Kentucky (the New York stock exchange transaction number: VVV), as a supplier of high-end lubricating oil and automobile maintenance products, announced that its Chinese partner, Beijing rabbit master automobile technology co., LTD. Was established in China’s shandong province and run fast oil change service…
DetailsPhoto courtesy of Shell Royal Dutch Shell plc announced that it will transform its oil refining portfolio from the current 14 sites into six high-value energy and chemical parks by 2025. These six sites include Deer Park, Texas, and Norco, Louisiana, in the U.S.A.; Pernis, the Netherlands; Pulau Bukom, Singapore; Rheinland, Germany; and Scotford, Canada.…
DetailsPhoto courtesy of Shell Shell Oil Company, a subsidiary of Royal Dutch Shell plc, has reached an agreement to sell its stake in Deer Park Refining Limited Partnership, a 50-50 joint venture between Shell Oil Company and P.M.I. Norteamerica, S.A. De C.V. (a subsidiary of Petroleos Mexicanos or Pemex). The transaction will transfer Shell’s interest…
DetailsPhoto courtesy of Shell Lubricants Idemitsu Kosan Co., Ltd. announced yesterday that it has entered into a share purchase agreement with Shell Overseas Holdings Limited for all shares of Shell Lubricants Japan K.K. (SLJ), a wholly-owned subsidiary of the company. Terms of the deal were not disclosed. Shell Lubricants Japan’s capitalization was stated as JPY310,000,000…
DetailsPhoto courtesy of Pilipinas Shell Pilipinas Shell announced today that it is permanently shutting down its oil refinery operations in Tabangao, Batangas, on the main Philippine island of Luzon, after suspending refinery operations last May 24 due to reduced fuel demand from Covid-19. The Tabangao Refinery commenced commercial operations in 1962, with an initial nameplate…
DetailsPhoto courtesy of ubitricity Shell has signed an agreement to buy 100% of ubitricity, a leading European provider of on-street charging for electric vehicles (EVs). The move represents a further step in Shell’s efforts to support drivers as they switch to lower-carbon transport. Subject to regulatory clearance, the deal is expected to be completed later…
DetailsPhoto courtesy of Shell A Shell spokesperson confirmed that Shell will cease operations at its Group I base oil manufacturing plant within the Pulau Bukom manufacturing site in Singapore from July 2022. “This decision is consistent with Shell’s intent to enhance the competitiveness of its lubricants business, base oils supply demand balance and the general…
DetailsPhoto courtesy of Shell Singapore Shell Singapore wants to transform its business in the country to thrive through the energy transition. To this end, it has outlined a 10-year plan for how the company could make significant investments in people, assets and capabilities to repurpose its core business and aim to cut its own CO2 emissions…
DetailsPhoto courtesy of Shell Shell has extended its globally available specialised fluids portfolio – Shell E-Fluids – to support battery electric (BEV) as well as fuel cell electric (FCEV) powertrains for commercial light, medium and heavy duty vehicles. This extension to its product portfolio builds on the successful launch of the Shell E-Fluids range for…
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