It’s just rumor and conjecture at this point, but some oil industry pundits are predicting that an oil company flush with cash (like, say, ExxonMobil) could go after another oil company (say, BP or Shell) in coming months. It’s difficult to say whether such a move would require the company to spin off its lubricants division, or how any conjectured merger would affect the lube industry, but like the last round of industry mergers in the late 1990s/early 2000s, be on the lookout!
- One of the few remaining structures in Paradise, California, is said to be Lyons Express Oil & Lube. ow.ly/VnBp30mBCf8 16 hours ago
- It looks like it may already be a little late for some parts of the country, but for the rest, keep your oil change… twitter.com/i/web/status/1… 19 hours ago
- Valvoline has completed the acquisition of Oil Changers, their second acquisition in Canada. ow.ly/2SAD30mAHfw 1 day ago