GROUP CORPORATE DEVELOPMENT: 04/01/2010

Apr 27, 2010

New GF-5 Vehicle Lubricant Standard Approved

Written by Bob Chabot | www.nastfenews.org | Saturday, 13 February 2010 11:13

CARCHITECTURE
New GF-5 Vehicle Lubricant Standard Approved

GF-5, a new oil standard developed by the International Lubricant Standardization and Approval Committee (ILSAC), received final approval on December 22, 2009. The approval paves the way for the Oct. 1, 2010, introduction of new lubricants for gasoline- and diesel-powered automobiles, at both the OEM factory-fill and aftermarket servicing levels.

Years Back in Oct 2004: GF-5 Engine Oils What, When, How?

lubereport.com by David Mcfall | Wednesday, October 13, 2004

Meeting in Detroit last week, ILSAC/Oil, the inter-industry committee responsible for gasoline engine oil upgrades, kicked off planning for the next one, GF-5. Although this new engine oil isn't scheduled to enter commercial service until 2009, three dozen technical specialists representing auto manufacturers, engine oil marketers, independent test laboratories and chemical additive companies assembled for the first in a series of meetings that will extend over the next few years.

UMW reviving plans to list O&G business

Business Times | Tuesday, April 27, 2010, 10.53 AM

An executive director at UMW Corp says it is possible that the listing might happen this year or early next year

A Successful Restructuring in Greece May Leave a Weaker Europe Economy

Wall Street Journal | Monday, April 26, 2010 As of 10:17 AM (GMT +8 hours)

It matters little in the long run whether Greece's euroland colleagues and the International Monetary Fund agree to the requested €45 billion bailout— €30 billion from the euro-zone countries, €15 billion from the IMF. Even if the deal gets done, the bailers will have only applied a Band-Aid to a hemorrhage.

IMF Managing Director Dominique Strauss-Kahn (right) with Nicolas Sarkozy.

Europe flights back to '100 percent'

By the CNN Wire Staff | April 22, 2010 -- Updated 1242 GMT (2042 HKT)

London, England (CNN) -- Flights across Europe are expected to return to "100 percent" on Thursday -- seven days after ash from an Icelandic volcano forced the shutdown of airspace and stranded thousands of passengers around the world, the air traffic agency Eurocontrol said.

Threat of new, larger Icelandic eruption looms

AP – A plume of ash, dust and steam is seen coming from a volcano erupting beneath Iceland's Eyjafjallajokull.

By CARLO PIOVANO, Associated Press Writer Carlo Piovano | Associated Press Writer – Tue Apr 20, 1:44 pm ET

REYKJAVIK, Iceland – For all the worldwide chaos that Iceland's volcano has already created, it may just be the opening act.

Scientists fear tremors at the Eyjafjallajokull (ay-yah-FYAH-lah-yer-kuhl) volcano could trigger an even more dangerous eruption at the nearby Katla volcano — creating a worst-case scenario for the airline industry and travelers around the globe.

Volcano's grip on Europe's airspace expected for 3rd straight day

By the CNN Wire Staff | April 18, 2010 -- Updated 0311 GMT (1111 HKT)

London, England (CNN) -- An ash cloud from an Icelandic volcano was projected to snarl international travel for a third straight day, as flight cancellations and airspace restrictions stretched into Sunday.

British Airways canceled flights to and from London airports on Sunday, and the United Kingdom's air traffic agency extended restrictions on U.K.-controlled airspace until at least 7 p.m. Sunday (2 p.m. ET).

Thousands of flights were canceled Saturday. European air traffic officials said 5,000 flights took place instead of the customary number of 22,000. About 10,400 flights took place in Europe on Friday, compared with the normal 28,000.

GROUP CORPORATE DEVELOPMENT

Linkbar