Earnings

Terpel Posts Jump in Profits

Terpel Posts Jump in Profits

Lube Report Americas - August 30, 2023

Colombian oil and gas company Terpel reported hefty increases in gross profit for its lubricants segment in Colombia and ...

First Half Lube Profits Fall for Vivo Energy

First Half Lube Profits Fall for Vivo Energy

Lube Report EMEA - August 29, 2023

African distributor Vivo Energy reported double-digit declines in profit for its lubricant segment and a 5% decrease in ...

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Profits Up at Thai Oil and PV Oil, Down at AP Oil

Lube Report Asia - August 25, 2023

Thai Oil Group’s base oil business achieved higher net profit on lower sales revenue for the second quarter – a sale ...

Lubrizol Profit Down, Mr. Lube Revenue Up

Lubrizol Profit Down, Mr. Lube Revenue Up

Lube Report Americas - August 23, 2023

Lubrizol Corp.’s pre-tax profit for the second quarter fell 25% year to year due to the fact that earnings in the same ...

Profits Up at Yushiro, KH Neochem, GS Caltex

Profits Up at Yushiro, KH Neochem, GS Caltex

Lube Report Asia - August 18, 2023

Second quarter profits for metalworking fluids and industrial fluids manufacturer Yushiro Chemical received a boost from ...

Financials Fall for Heritage-Crystal Clean, Moove

Financials Fall for Heritage-Crystal Clean, Moove

Lube Report Americas - August 16, 2023

Rerefiner Heritage-Crystal Clean reported a steep fall in second quarter revenues for its oil business segment – which ...

MRS Oil Reports Huge Earnings Increase

MRS Oil Reports Huge Earnings Increase

Lube Report EMEA - August 15, 2023

Nigerian blender MRS Oil Nigeria Plc reported a nearly six-fold jump in gross profit and an 18% increase in sales revenu ...

Results Mixed for Gulf, GP, Savita, Castrol India

Results Mixed for Gulf, GP, Savita, Castrol India

Lube Report Asia - August 11, 2023

The quarter ending June 30 brought mixed results for several Indian lubricant companies, as Gulf Oil Lubricants India Lt ...

Valvoline Inc. Reports Higher Profits, Sales

Valvoline Inc. Reports Higher Profits, Sales

Lube Report Americas - August 9, 2023

Valvoline Inc. reported large increases in income and sales from continuing operations and in system-wide store sales fo ...

Profits Fall at Castrol, Conoil

Profits Fall at Castrol, Conoil

Lube Report EMEA - August 8, 2023

BP reported that profits for its Castrol lubricants business dropped 23% in the second quarter, as adverse foreign excha ...

Hyundai Shell Posts Big Earnings Jump

Hyundai Shell Posts Big Earnings Jump

Lube Report Asia - August 4, 2023

SK Enmove’s base oils and lubricants business and S-Oils base oils and lubricants business both achieved slightly high ...

Profits Dip at Safety-Kleen, Jump at Quaker Chem

Profits Dip at Safety-Kleen, Jump at Quaker Chem

Lube Report Americas - August 2, 2023

Despite increases in used oil collection and sales volumes of rerefined base oils, Clean Harbors reported lower second q ...

Earnings Rise for Fuchs, Luberef

Earnings Rise for Fuchs, Luberef

Lube Report EMEA - August 1, 2023

Fuchs SE reported a 10% increase in net profit on 7% greater sales revenue for the second quarter, citing continued impa ...

Moresco’s Specialty Lube Sales Rise

Moresco’s Specialty Lube Sales Rise

Lube Report Asia - July 28, 2023

Japanese specialty lubricant maker Moresco Corp. reported increased sales for its specialty lubricants, boosted by incre ...

Profits Up for Afton, WD-40

Profits Up for Afton, WD-40

Lube Report Americas - July 26, 2023

Increased selling prices helped lead to increased operating profit for Afton Chemical’s petroleum additives business f ...

Lopal Posts Higher Revenue, Lower Volume

Lopal Posts Higher Revenue, Lower Volume

Lube Report Asia - July 14, 2023

Chinese lubricant marketer Lopal Tech Co. reported a 9% increase in first quarter sales revenue for its lubes segment de ...

Richful Q1 Profits, Sales Rise

Richful Q1 Profits, Sales Rise

Lube Report Asia - July 7, 2023

China’s Richful Lube Additives Co. reported an 88% jump in net profit for and a 58% rise in sales revenue for the firs ...

Resurgent Auto Lube Sales Boost Copton Profits

Resurgent Auto Lube Sales Boost Copton Profits

Lube Report Asia - June 30, 2023

Chinese lubricants blender Qingdao Copton Tech Co. reported a 12% increase in first quarter net profit, compared to the ...