Europe

The United States last month gave regulators new authority to target domestic and international institutions involved in evading bans on exports to Ru ...

Passenger car registrations in the European Union rose 14% to 10.5 million units in 2023, despite December marking the first month of contraction afte ...

Solvay last month completed the spin-off of its specialty chemicals business, which has been named Syensqo and supplies a range of lubricant additives ...

EMEA Base Oil Price Report

January 23, 2024

The effects of ships avoiding the Red Sea are becoming more apparent as the days go by, with governments and operating companies realizing the complic ...

Sales of new passenger cars in Russia rebounded by 69% in 2023 to 1.1 million units, boosted by a hefty uptake of Chinese models, the Moscow-based ana ...

The European Union built a record 17 gigawatts of wind energy generating capacity in 2023, a 13% increase from 2022, but the pace remains well behind ...

Researchers with a technical foundation and a university in Norway said their efforts to develop new knowledge on the interaction between lubricants, ...

EMEA Base Oil Price Report

January 16, 2024

The main news topic this week is the escalation of attacks against merchant shipping in the Red Sea corridor, and retaliatory strikes against the Hout ...

EMEA Base Oil Price Report

January 9, 2024

European, Middle Eastern and African base oil markets are gradually returning to everyday business as players head back to desks following the winter ...

Nynas AB has entered a partnership with waste management firm Stena Recycling to collect, process and reuse used electrical transformer fluid. Under t ...

Russia – the largest country in the world, spanning two continents and 11 time zones – consumes a range of motor oil viscosity grades, although 5W ...

EMEA Base Oil Price Report

January 2, 2024

Base oil markets remain very quiet, but activity could pick up this week as many players come back into circulation. The exception is that anyone invo ...

Germany's finished lubricants demand, including process oils, declined 11% in October, as a year-long trend of falling consumption continued, with the ...

Russian lubricant maker VMPAvto, recently opened a small factory in Saint Petersburg’s heavily industrialized Kirovsky district, which has port acce ...

Neste announced it will convert its Porvoo, Finland, crude oil refinery to process renewable feedstocks, but that change will not affect the site’s ...

United Kingdom-based Millers Oil Ltd., manufacturer and independent blender of oils and lubricants, reported a 21% decline in net profit despite a 9% ...

EMEA Base Oil Price Report

December 26, 2023

As markets close for the festive season, and more and more players are missing from desks and offices, the major talking point in the base oil industr ...

The European Council and European Parliament reached a provisional agreement Monday to not make major changes to passenger car engine emissions limits ...

EMEA Base Oil Price Report

December 19, 2023

Last week saw a stand-off in European, Middle Eastern and African base oil markets, with buyers stating firmly that they did not have any requirements ...

Lanxess completed an expansion at its Mannheim, Germany, factory of production capacity for sustainable light-color sulfur carriers – used as extrem ...