Chevron Lubricants rebranded its commercial and industrial brand in European markets as Texaco Delo. Spanish energy major Repsol said in its updated strategic plan that between 2018 and 2020 it plans to invest 6.8 billion (U.S. $7.9 billion) in its downstream – refining, chemicals, marketing, lubricants, trading, LPG, gas and power – and low emissions assets.