Africa

Sentuo Group is scheduled to begin commissioning its new refinery in Tema, Ghana, next month, bringing sub-Saharan Africa a step closer to again havin ...

Base oil markets are gearing down for the holiday period that is fast approaching. Trading across much of Europe and the Middle East will slow during ...

Base oil markets throughout Europe, the Middle East and Africa remain subdued, with much less trading than normal for this time of year and an absence ...

Base oil markets around Europe, the Middle East and Africa are somewhat lethargic, with many areas affected by holiday celebrations going on now or co ...

BP and Shell have decided not to repair their damaged Sapref joint venture, signaling that the Durban, South Africa, refinery – which includes the l ...

Summer mode may be arriving early to base oil markets this year, and this seasonal hiatus will only further dampen the demand picture across all regio ...

European grease production declined slightly in 2022, dipping less than a third of one percent compared to the prior year, according to the National L ...

The knock-on effects of inflation and rising interest rates are constraining manufacturing and services industries to the extent of denting demand for ...

Parts of the European, Middle Eastern and African region are showing vibrant activity, whilst others for one reason or another are dull and flat. In E ...

The European Union’s ban on imports of Russian petroleum products reduced imports of Russian base oils by 55,000 metric tons during the first half o ...

Aiming to serve what it describes as a vibrant Algerian transportation market, petroleum products distributor Petro Baraka recently opened a lubricant ...

Base oil markets throughout Europe, the Middle East and Africa seem to have hit a flat spot where little new business or trades are taking place. Busi ...

Nigerian lubricants blender and marketer Conoil reported a 21% decline in gross profit and 51% less sales revenue for the quarter ended March 31, desp ...

Base oil markets throughout Europe, the Middle East and Africa remain subdued, with much less trading than normal for this time of year and an absence ...

Base oil markets around Europe, the Middle East and Africa are suffering from the same contagion as other industries – a number of the key economies ...

Gross profit for Nigerian blender MRS Oil’s lubricants segment skyrocketed more than 20 fold in the fourth quarter, on a slight decrease in sales re ...

This week saw a return to business as usual for base oil markets, with many buyers and sellers playing catch-up after extended holidays clouded takes ...

Holidays caused a slow start to base oil trading this week, but prices for API Group I and II oils have risen, while values for some Group III stocks ...

Base oil demand appears to be picking up around Europe, the Middle East and Africa as buyers begin building back inventories that had sunk to extremel ...

Following the Easter and Passover holidays, and with Ramadan coming toward an end, base oil markets are returning to normal and – it appears – fin ...