Aviation Lubricants Market - Top Companies and Manufacturers

Companies Dominating the Aviation Lubricants Landscape

Exxon Mobil Corporation
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Royal Dutch Shell plc
Eastman Chemical Company
The Phillips 66 Company
NYCO
Total S.A.
BP plc

March 23, 2020: In the wake of COVID- 19, Royal Dutch Shell plc reduced its underlying operating costs by US$ 3-4 billion per annum as compared to that of 2019, further, the cash capital expenditure further reduced to US$ 20 billion or below for 2020 which was US$ 25 billion earlier.
March 24, 2020: Phillips 66 announced the reduction of the consolidated capital spending for the year 2020 by US$ 700 million, which stands to US$ 3.1 billion now. Also, operating and administrative cost reduced by US$ 500 million.