Another oil firm is moving into the data center space and making its own cooling fluid.

Cummins stock photo of HVO oil for diesel generators.png
Cooling fluid for data centers is a growing market for oil companies – Cummins

CNBCTV18 reports Gulf Oil Lubricants India (GOLIL), a part of the Hinduja Group, is targeting data center thermal management.

“Data center cooling, as we see it, is not a very large market, but it is beneficial for the environment,” said Ravi Chawla, managing director and CEO of GOLIL.

He said most lubricant companies could leverage synthetic-based stocks to develop products for this sector – but the entire market reportedly has an estimated volume of only 12 to 14 million liters at full penetration.

“If you convert the 1,700MW [in India] into about 8.3 liters per kilowatt, it's approximately 14 million liters. It's a small market but significant for the environment,” he said.

Gulf Oil was founded in 1901. It merged with Standard Oil of California in 1985, rebranding in the US as Chevron and broke up its international units.

Owned by Indian conglomerate Hinduja, GOLIL provides engine oils, brake fluids, radiator coolants, and greases for cars, trucks, and tractors,

A number of other oil companies, including Shell, Castrol, ExxonMobil, ENEOS, Petronas, and SK Enmove have launched data center coolant fluids. US food giant Cargill and chemical firm Chemours have also launched fluids.