Mark Townsend

MarkTownsend@lng.com

Recent Articles

Last Word

Last Word

Mark Townsend sheds some light on blockchain technology.

Base Oil Traders Fret Over Tensions

Base Oil Traders Fret Over Tensions

Simmering tensions between Iran and the United States are stoking fears of cargo interruptions among major base oil trad …

The Best Bang for Your Bike

The Best Bang for Your Bike

Advances in four-stroke engines and emission regulations mean that passenger car oils arent a good deal for todays motor …

Neste Settles Dispute With Bapco

Neste Settles Dispute With Bapco

Finnish refiner Neste announced the settlement of a previously undisclosed dispute with Bahrain Petroleum Co. and Nogaho …

Marketing Matters

Marketing Matters

Mark Townsend reports on the Gulf base oil scene.

Gauging Lube Impacts of New Marine Fuels

Gauging Lube Impacts of New Marine Fuels

Seventy-two percent of vessels are projected to use very-low-sulfur fuel oil after the International Maritime Organizati …

Gauging Lube Impacts of New Marine Fuels

Gauging Lube Impacts of New Marine Fuels

Seventy-two percent of vessels are projected to use very-low-sulfur fuel oil after the International Maritime Organizati …

Tensions Rattle Middle East Base Oils

Tensions Rattle Middle East Base Oils

Higher insurance premiums could put upward pressure on prices for API Group II and III base stocks from the Middle East …

Last Word

Last Word

Mark Townsend searches for Bapcos missing revenue stream.

Middle East May Shift to Better Lubes Faster

Middle East May Shift to Better Lubes Faster

More than 26 million new light vehicles will enter the Middle East vehicle parc between now and 2023, and that could spe …

Headwinds Cloud Lubricant Outlook

Headwinds Cloud Lubricant Outlook

Large potential disruptions loom on the horizon for the global lubricants industry – from electric vehicles to shared mo …

Headwinds Cloud Lubricant Outlook

Headwinds Cloud Lubricant Outlook

Large potential disruptions loom on the horizon for the global lubricants industry – from electric vehicles to shared mo …

Turkeys Market Weathers Tariffs

Turkeys Market Weathers Tariffs

Base oil imports to Turkey dropped sharply in recent years due to a government clampdown on previously widespread dodgin …

Russian Bear Goes Bullish on Base Oil Capacity

Russian Bear Goes Bullish on Base Oil Capacity

With half a million tons a year of new capacity coming online, Russia is aims to be a major player in the Group II and I …

U.S. Base Oil Exports to Middle East Surge

U.S. Base Oil Exports to Middle East Surge

U.S. refiners export significant quantities of base oils to the Middle East despite the regions substantial investment i …

Middle East Refiners Face Base Oil Oversupply

Middle East Refiners Face Base Oil Oversupply

The Middle East is a major base oil producer and consumer, and its market is fast moving. How will this dynamism affect …

Falling Auto Sales Hurt Middle East Lubes

Falling Auto Sales Hurt Middle East Lubes

Plummeting automotive sales in the Middle East are stoking fears of a knock-on effect on the regional lubricants market.

Bright Stock Shortfall Still Growing

Bright Stock Shortfall Still Growing

Bright stock supply volumes fell by around 15 percent since 2005, and according to one industry veteran, the global mark …