Azerbaijan names new energy minister
According to the announcement made by the Azerbaijan Presidency, Parviz Shahbazov is appointed as the new Energy Minister of Azerbaijan. Azerbaijan President Ilham Aliyev signed...
Category: Worldwide
BP and Bridas to form integrated energy company
BP announced that it has agreed with Bridas Corporation (Bridas) to form a new integrated energy company by combining their interests in the oil and...
UEIL Annual Congress to take place with the theme ‘Innovation and Sustainability’
Union of the European Lubricants Industry’s Annual Congress will take place on 25-27 October. Gathering key players in the European and global lubricants industry, the...
Mobil helps gold mine save 1.1 million USD
ExxonMobil helped a gold mine in the US save more than 1.1 million USD by switching to its Premium hydraulic oil Mobil DTE 10 Excel™...
BASF listed in DJSI World for 17th consecutive year
BASF has succeeded to be listed in the Dow Jones Sustainability World Index that evaluates the sustainability efforts of global companies. It is recognized for...
Lukoil launches its Genesis motor oils in UAE market
Lukoil has launched its flagship Lukoil Genesis synthetic motor oils range in United Arab Emirates in partnership with Al Habtoor Motors LLC. “We see a...
Klüber released a new lubricating paste against unwanted noises
Klüber Lubrication recently introduced a new paste to prevent undesirable noises during vehicle brake operation. Such noises are often produced in the brake pad guides,...
Largest market actor sold: Vitol to acquire Petrol Ofisi for € 1.4 billion
Following months of negotiations, Petrol Ofisi’s new owner is finally announced. As mentioned in recent weeks, Saudi Arabia’s public-owned energy company Saudi Aramco, and Azerbaijani...