Europe

The headline-grabbing geopolitical events during the past few days may have implications for energy markets and, more specifically, base oils’ compl ...

Madrid – Avista Green will undertake an expansion of its used lubricant rerefinery in Kalundborg, Denmark, and aims to increase the facility’s bas ...

Base oil prices are generally weaker across all groups and in every region. API Group I values are coming under the most intense pressure – perhaps ...

British energy company Shell will expand production capacity of its synthetic ester fluid subsidiary Midel & Mivolt Fluids Ltd. at the company’s ...

Base oil markets, like much of the world, are anticipating potential impacts from the United States presidential election last week, and many in the i ...

Lubricant demand in Germany, including process oils, sank to 26,323 metric tons in August, easily the market’s worst performance in 2024 in terms bo ...

Base oil prices around Europe, the Middle East and Africa are mixed, with values firming in some areas but weakening in others, such as mainland Europ ...

Commercialization of Europe’s new industry engine oil standard for heavy-duty diesel engines opened on Oct. 15, allowing lubricant marketers to prom ...

Italy is the European Union’s leading collector and regenerator of waste oil, said the head of the country's waste oil consortium at an environmenta ...

A report last week that Russia has provided shipping data to Houthi rebels disclosed Russia’s complicity in attacks on vessels in the Red Sea, which ...

Gazpromneft’s Singapore subsidiary, Gazpromneft Marine Lubricants, will close down after a final general meeting of board members and creditors on N ...

Norway Goes Full EV

October 23, 2024

Norway is the first country in the world where there are more electric vehicles than internal combustion engine cars, according to new figures publish ...

Brazilian lubricant maker Moove launched its engine oil and automotive chemicals brand Comma in Spain. The launch is part of a strategy to diversify i ...

The wars in the Middle East and Ukraine have caused significant disruptions to base oil and finished lubricant trading patterns across Europe, the Mid ...

The two major conflicts, in Ukraine and in the Middle East, continue to dominate the headlines with continuing Israeli strikes in Lebanon and Gaza to ...

Norac Additives broke ground on a new esterification line at its production site in Helena, Arkansas, giving German parent company Peter Greven greate ...

Authorities in the United Kingdom are mulling the imposition of import tariffs on certain engine oils and hydraulic fluids as a potential outcome of a ...

Moove Suspends IPO

October 16, 2024

Lubricant maker Moove postponed its initial public offering on the New York Stock Exchange a few hours before it was due to start. The company blamed ...

Sustainability ratings agency EcoVadis put Perstorp among the top 1% of companies it assessed for sustainability.

This report continues to collate information and activities regarding base oil trading and supply, but important geopolitical activities in the Middle ...