Business

Recycler Vertex Files for Bankruptcy

Recycler Vertex Files for Bankruptcy

October 2, 2024

Vertex Energy Inc., a renewable fuels and environmental services company, filed for bankruptcy last week after its attem ...

Additive

Exxon Enters French Rerefining Arena

September 30, 2024

ExxonMobil's French subsidiary Esso Societe Anonyme Francaise will start rerefining base oil at its Port Jerome facility ...

Is the Lubricants Industry Working for its Workforce?

Is the Lubricants Industry Working for its Workforce?

September 27, 2024

From job satisfaction to retention struggles, ABN Resource explores the findings of its Lubricants Talent Report 2024.

Innovation Is More than New Molecules

Innovation Is More than New Molecules

September 27, 2024

Chemical regulation may be reducing the flow of new molecules into the market, but it has prompted a variety of new appr ...

Stanley Oil Files For Bankruptcy

Stanley Oil Files For Bankruptcy

September 25, 2024

American lubricant distributor Stanley Oil & Lubricants filed for Chapter 11 protection after a prolonged dispute ov ...

RelaDyne Expands in Latin America

RelaDyne Expands in Latin America

September 25, 2024

RelaDyne acquired Oil Flush, an industrial lubrication service provider based in Chihuahua, Mexico. The acquisition furt ...

Fuchs Acquires Swiss Lube Maker

Fuchs Acquires Swiss Lube Maker

September 18, 2024

German lubricant manufacturer Fuchs SE signed a letter of intent to acquire Swiss lubricant company Strub & Co. AG, ...

Additive

Petrobras Wants Refineries Back

September 11, 2024

Petrobras is negotiating to regain ownership of the Landulpho Alves refinery and reverse the previous administration’s ...

Additive

Breaking News: Exxon Opens New UK Distribution Hub

September 10, 2024

ExxonMobil is opening a new supply terminal in Dagenham, United Kingdom, providing an extension in the supply chain for ...

Additive

Fuchs Posts Higher Earnings

September 4, 2024

Fuchs SE’s reported a 9% increase in profits for the first half of 2024 despite a 3% drop in sales revenue that it bla ...

Additive

Pakistan’s National Refinery Still in the Red

September 4, 2024

Rising cost of sales forced National Refinery Ltd, Pakistan’s only base oil refiner, to announce losses of Rs 15.79 bi ...

Regeneration of Fire-Resistant Turbine Oils with the Use of Fuller’s Earth Sorbents

Regeneration of Fire-Resistant Turbine Oils with the Use of Fuller’s Earth Sorbents

September 3, 2024

A Ukraine-based company may have found a more effective way to regenerate aged fire-resistant turbine oils.

Additive

Potential Citgo Buyer Emerges

August 28, 2024

New York investment firm Elliott Investment Management emerged as a likely buyer of Petroleos de Venezuela Holding Inc., ...

New CEO Takes the Helm at Puraglobe

New CEO Takes the Helm at Puraglobe

August 21, 2024

German rerefiner Puraglobe appointed a new CEO, Alois Virag. He replaces the long-serving Andreas Schueppel, who was at ...

Additive

Chevron Leaving San Ramon

August 14, 2024

After 145 years in California, the second-biggest U.S. oil company, Chevron, is moving to Texas, the traditional home of ...

Moove Considers Stock Offer in U.S.

Moove Considers Stock Offer in U.S.

August 8, 2024

Brazilian-based lubricant supplier Moove last month submitted a confidential draft proposal for an initial public stock ...

Fuchs’ First Half 2024 Earnings Decent

Fuchs’ First Half 2024 Earnings Decent

August 7, 2024

Fuchs SE, the largest independent lubricant manufacturer in the world, reported a reasonable increase in earnings in th ...

Breaking News: Puraglobe Commissions Engineering for Rerefinery

Breaking News: Puraglobe Commissions Engineering for Rerefinery

August 1, 2024

German rerefiner Puraglobe said today that it has contracted an engineering firm to build another used lubricant rerefin ...