Two Italian used oil recycling operators filed an antimonopoly petition against Conou, Italy’s National Consortium for Waste Oils Management, allegi ...
If possible, base oil trade across Europe, the Middle East and Africa is slowing even more. Demand is disappearing from all sectors of the industry, w ...
Shell and Mobil remain two of the three most popular motor oil brands in Russia, despite Shell and ExxonMobil exiting the country following its 2022 i ...
Base oil prices are weakening throughout Europe, the Middle East and Africa as trading activity slows ahead of the year end. December has been forecas ...
Lithium greases are under pressure from a run-up in lithium prices and from calls for the European Union to classify the mineral as hazardous, an indu ...
Russian lubricant producer Sintec Group recently doubled the size of its grease plant, increasing production capacity to 12,000 metric tons per year i ...
A Germany-based leading testing service provider validated a methodology co-developed by the Union of the European Lubricant Industry and the Technica ...
United Kingdom-based blender Exol Lubricants Ltd. reported a 12% decline in net profit on a 25% rise in sales for full-year 2022, as price hikes led t ...
Europe’s finished lubricant demand is expected to stagnate during the next few years, affected by the continent’s continued energy crisis and high ...
Finished lubricants demand in Germany, including process oils, fell 21% in September, continuing a year-long trend of monthly decreases, as only trans ...
Demand for all types of base oil has been falling the past week across Europe, the Middle East and Africa – especially for API Group I oils. In ligh ...
Energy company Petrol Ofisi announced recently that it is expanding its lubricant blending plant in Kocaeli, Turkey, increasing production capacity fr ...
The European Union Parliament this month adopted its negotiation position on Euro 7, the revamping of EU rules for type-approval and market surveillan ...
Global news continues to be dominated by warring in Gaza and Ukraine, where innocent civilians are not only being killed and wounded but also face sho ...
After being hammered by Western sanctions in 2022, Russian base oil exports have continued to fall this year as sanctions were tightened and global de ...
The war between Israel and Hamas continues to have a destabilizing effect on energy markets, creating uncertainty for base oil markets throughout Euro ...
Russian lubricant demand is expected to further stagnate in 2023 at about 1.7 million tons, as automotive lube imports shrink to record low levels, an ...
Top Lubricants unveiled recently a new Russian brand that sounds very French – Lemarc, which is produced at the former TotalEnergies blending plant ...
BP reported that profit for its Castrol lubricants business rose 23% because of higher margins, and Luberef reported a 28% drop in net profit for the ...
The increasing hostilities in and around the Gaza Strip are severely disrupting base oil supply lines in the area, and lubricant blending operations i ...
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