MOSCOW – Lukoil and Russian Railways formed a joint venture and will invest 1 billion rubles (U.S. $316 million) in a grease production plant ex ...

Avista Oil AG of Germany acquired a majority stake in Universal Environmental Services, which is building a new rerefinery in Georgia. Terms were not ...

Petroplus Holdings AG is closing its Petit Couronne, France, refinery this month, including its 7,300 barrels per day base oil plant, to cut costs. P ...

Driven by increased sales of foreign branded cars and consumption of higher-quality lubricants, Russias demand for light-vehicle lubricants grew 1.6 p ...

Russia is raising the export duty on petrochemicals, including lubricants, Oct. 1. However, industry insiders dont expect higher international market ...

A growing number of Russian car owners have extended their engine oil drain intervals and become do-it-for-me oil change customers since 2007, althoug ...

MOSCOW – Russias lubricant market faces modest recovery in 2010, but due to the economic downturn lubricant demand contracted so heavily in 2009 ...

Russias government has raised export duties on heavy refined petroleum products $5 per metric ton, which could impact motor oil prices, Itar-Tass repo ...

Oleon has started a new distillation tower at its fatty acid plant in Ertvelde, Belgium, a year after a fire destroyed part of the plants main distill ...

Royal Dutch Shell signed a letter of intent last week to sell its refinery in Petit Couronne, France, including its biggest base oil plant in Europe, ...

Veolia Environnement and Total on Nov. 30 announced the creation of Osilub, a joint venture to develop a sustainable used motor oil recycling business ...

EDINBURGH, Scotland- While the United Kingdoms grease market has shriveled and the major oil companies have stopped making grease here, an industry ex ...

Bulgarian lubricants maker Prista Oil significantly expanded grease production at its plant near the nations capital, the company told Lube Report. Th ...