(EnergyAsia, May 9) — India’s Gulf Oil Corporation Ltd, a Hinduja Group company, has agreed to acquire a 51% stake in Gulf Oil Yantai (Co) Ltd, a lubricants manufacturer in Shandong, China with a total plant capacity of more than 200,000 tons a year.   China has lubricant market potential of 4.3 million tons/year, roughly…

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