ADM Capital and the European Bank for Reconstruction and Development (EBRD) jointly paid 48 million (U.S. $61 million) for a 30 percent stake in Bulga ...

MOSCOW — Almost all vertically integrated oil companies in Russia have plans to upgrade their base oil plants, but Rosneft claims a leadership r ...

U.S. lubricants and chemicals producer Ashland Inc. and Russias TNK-BP signed a five-year agreement to distribute Valvoline passenger car products in ...

Oil Refinery Modrica has begun expansion of its API Group III base oil plant and construction of a new lubricant blending plant, the company said last ...

Shell Russia is setting its sights on Ukraines lubricants market once its 180,000 tons per year blending plant in Torzhok begins full production, the ...

MOSCOW – Russian production of high quality API Groups II and III base oils is predicted to reach 1.7 million tons per year by 2020, meeting dom ...

BASF commissioned a new oxidized polyethylene waxes manufacturing plant at its Ludwigshafen site in Germany. The low-density polyethylene wax that fo ...

STUTTGART, Germany – Mercedes-Benz has adopted a wide-ranging upgrade of service-fill engine oil specifications for its passenger cars and heavy ...

German lubricant producer Rowe Mineraloelwerk GmbH is building a second blending plant to accommodate the growth of its business. The facility – ...

MOSCOW – Russias grease production is expected to grow at an annual rate of 5 to 7 percent after 2014, when new plants will be launched, a resea ...

Russian lubes producer Gazprom Neft-SM plans to break ground on a 15,000 metric ton per year lubricant blending plant in Finland in early 2013. The c ...

Russias Gazprom will produce Texaco-branded marine oils in Russia for U.S. oil major Chevron, Gazprom Neft said yesterday. Under the agreement, Gazp ...

Total temporarily cut base oil production at its Gonfreville, France, refinery on March 10, citing a weak market and economy, a company spokesperson c ...

Russian lubes producer Gazprom Neft-SMs automotive lubricants sales soared in 2011, boosted by new high-end products for domestic and international ma ...

Rosneft and Russian automaker Avtovaz signed a fuels and lubricants procurement contract that could lead to development of new lubricants in Russia. ...

LONDON – With the help of lubricants ally BP Castrol, Ford has created a proprietary engine oil for its innovative 1.0-liter, three-cylinder Eco ...

Fuchs Petrolub AG posted 2011 earnings of 183 million (U.S. $240.7 million) on full-year sales revenue of 1.7 billion, up from 2010 earnings of 172 mi ...

The opening of Shells Russian blending plant has been delayed again, to mid-2012. Shell previously pushed back the completion date for the 180,000 me ...

OSTFILDERN, Germany – European lubricant blenders have long benefited from the regions surplus of base oils. Not only has the excess supply made ...

Petroplus Holdings AG will file for insolvency, and the refiner was granted administration orders in the United Kingdom. Petroplus said Friday it woul ...