Europe

Russia Softens Ban on Exports to Ukraine
A freight train with petroleum tank-cars used for transporting liquids. © yaalan / stock.adobe.com

Russia Softens Ban on Exports to Ukraine

Lube Report EMEA - October 20, 2020

Russia last week relaxed a ban on exports of base oils, lubricants and other petroleum products to Ukraine, stepping bac ...

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Fuchs Elevates 2020 Outlook

Lube Report EMEA - October 20, 2020

German independent lubricants blender Fuchs Petrolub SE issued a preliminary report last week showing a 17% decrease ear ...

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Oxea Boosts Isononanoic Acid Capacity

Lube Report EMEA - October 13, 2020

OQ Chemicals – formerly Oxea – recently completed an expansion at its site in Oberhausen, Germany, increasing its is ...

Survey Shows Improving Russia Outlook

Survey Shows Improving Russia Outlook

Lube Report EMEA - October 13, 2020

An increasing number of Russian lubricant market participants report that demand is rebounding from the impacts of the C ...

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Adnoc Offers Base Oil Guarantee

Lube Report EMEA - October 13, 2020

Abu Dhabi National Oil Co. said Monday that it will now guarantee that its base stocks meet specified parameters for vis ...

Europe Motorcycle Oil Demand to Stay Flat

Europe Motorcycle Oil Demand to Stay Flat

Lube Report EMEA - October 13, 2020

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four year ...

Condat Acquires Italian Firm

Condat Acquires Italian Firm

Lube Report EMEA - October 6, 2020

French lubricant company Condat SA last week finalized the acquisition of Kemno, a specialist lubricant and coolant comp ...

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Prista Owners Battle Charges in Bulgaria

Lube Report EMEA - October 6, 2020

The co-owners of lubricant marketer Prista Oil have been charged by Bulgarian authorities with waste mismanagement and c ...

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Fuchs Acquires Italian Distributor

Lube Report EMEA - October 6, 2020

Fuchs Petrolub SE announced the purchase of Welponer SpA, an Italian lubricant distributor with annual revenue of €4 m ...

In Russia, Clawing Back from Lockdown

In Russia, Clawing Back from Lockdown

Lube Report EMEA - September 29, 2020

Lukoil’s LLK International and Total’s subsidiary in Russia both suffered setbacks due to the country’s COVID-19 l ...

Total Acquires Lubrilog

Total Acquires Lubrilog

Lube Report EMEA - September 29, 2020

French energy major Total announced last week that it had acquired Lubrilog SAS, thereby strengthening Total’s presenc ...

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France Market Makes Strong Rebound

Lube Report EMEA - September 22, 2020

Lubricant demand in France rebounded after bottoming out in April and in June actually ran ahead of sales from the same ...

Neste Divests Stake in Nynas

Neste Divests Stake in Nynas

Lube Report EMEA - September 22, 2020

A district judge in Sodertorn, Sweden, on Thursday approved Nynas AB’s petition to extend its court-administered reorg ...

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Former Fam Operator Awaits Sentence

Lube Report EMEA - September 22, 2020

An appeals court in Serbia is expected to hand out a final verdict soon to the owner of lube marketer Fam’s former op ...

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BP Sales Rebound in Poland

Lube Report EMEA - September 15, 2020

BP Polska, the British oil major’s subsidiary in Poland, said recently that its lubricant sales in the country have be ...

European Energy Use Expected to Fall

European Energy Use Expected to Fall

Lube Report EMEA - September 15, 2020

The European Union’s energy demand is forecast to decline by as much as 30% by 2050, depending on how quickly policy m ...

Rebound Forecast for Industrial Lubes

Rebound Forecast for Industrial Lubes

Lube Report EMEA - September 15, 2020

Global demand for general industrial lubricants will decline 13 percent for this year, due to the COVID-19 pandemic, con ...