Base oil demand-supply balances have diverged significantly between Europe, the Middle East Gulf and Africa. Europe is flush with API Group II oils, b ...

Base oil demand is lackluster across most of Europe, the Middle East and Africa, although there has been an uptick in calls from some export markets, ...

Base oil markets across Europe, the Middle East and Africa are experiencing pressure from the downturn in economic activity in almost all countries ar ...

Base oil markets in Europe, the Middle East and Africa are being pulled apart by two opposing dynamics. On one hand, a real lack of interest from the ...

Nigerian National Petroleum Co. has acquired OVH Energy Marketing, operator of the Oando fuels and lubricants business and one of the largest lubrican ...

Declaring that it sees encouraging signs of recovery from the COVID-19 pandemic, India-based Maximus International Ltd. say it plans to expand its pro ...

Russia produced around 600,000 metric tons of finished lubricants in 2021, a slight increase from the previous year, according to recently released go ...

Nigerian blender and distributor Ardova Plc’s lubricants and greases segment reported a net loss and a 16% increase in sales revenue for the quarter ...

BP’s Castrol segment reported a decrease in underlying replacement cost before interest and taxes for the second quarter ending June 30, yet remaine ...

United Arab Emirates-based Adnoc Distribution expanded into Egypt with the acquisition of a 50% stake of French energy company TotalEnergies’ Egypti ...

Indian lubricants blender Maximus International Ltd. plans to triple its production capacity in East Africa, the company announced, setting a high gro ...

Nigerian blender and distributor Ardova Plc’s lubricants and greases segment reported an increase of more than 200% in its net profit and a large ri ...

Digitalization of sales and supply activities can help lubricant companies to manage their businesses more efficiently and effectively, according to a ...

Nigeria’s government and industry have worked for years to staunch the flow of substandard lubricants in the country. One industry insider suggested ...

TotalEnergies has opened a lubricant blending plant on Algeria’s Mediterranean coast to cater to the growing market in that country. The plant, loca ...

Nigerian lubricants blender and marketer Conoil reported higher gross profit and sales for the fourth quarter of 2021 as well as for all of that year. ...

Al-Manar, an Egyptian automotive parts dealer and lubricant blender, announced it started operations at a new production facility last week. The plant ...

Nigerian blender and distributor Ardova PLC reported an enlarged operating loss and higher sales revenue for its lubricants and greases segment for th ...

The South African base oil market will become completely import-dependent from March when Sapref – the joint venture between BP and Shell – halts ...

The lubricants and greases segment of Nigerian blender and distributor Ardova Plc posted an increase in net profit and a more than 60% jump in sales r ...