Russia

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Russian Car Sales Forecast to Slump

July 5, 2022

Sales of new passenger cars in Russia are expected to plummet to about 454,000 vehicles in 2022, a 67% decline from the ...

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Some Suppliers Exit Russia, Others Don’t

June 7, 2022

Several foreign lubricant brands – including BP’s Castrol – are disappearing from the Russian market, but others a ...

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Lukoil Replaces Shell with Teboil

June 7, 2022

The Torzhok, Russia, lubricant factory that Lukoil bought recently from Shell will produce products to be marketed under ...

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Agency Approves Shell Sale to Lukoil

May 24, 2022

Russia’s antitrust regulator approved last week Lukoil’s purchase of Shell’s retail and lubricants business in the ...

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Shell Sells Russia Business to Lukoil

May 17, 2022

Oil giant Shell signed an agreement to sell its retail and lubricant businesses in Russia to privately owned Lukoil, the ...

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Shell in Talks to Sell Torzhok Plant

May 10, 2022

Shell is negotiating with an unidentified party to sell its lubricant blending plant in Torzhok, Russia, along with its ...

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EU to Embargo Russian Oil, Petrochemicals

May 10, 2022

The European Union announced last week firm plans to impose an embargo on Russian oil and refined products, including ba ...

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Mixed Actions of Lube Suppliers in Russia

April 12, 2022

Seven weeks into Vladimir Putin’s invasion of Ukraine, the number of foreign businesses vowing to leave Russia or scal ...

Sanctions Set to Staunch Russian Base Oils

Sanctions Set to Staunch Russian Base Oils

April 5, 2022

The effective date is approaching for a European Union ban on purchases from government-controlled Russian oil companies ...

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Totachi JV Expands in Russia

March 22, 2022

Shell has vowed to close its lubricant business along with other operations in Russia to protest that country’s invasi ...

War Impacts Ukraine Blenders

War Impacts Ukraine Blenders

March 15, 2022

As Russian forces continue to batter Ukraine, it’s no surprise that Ukraine’s lubricant industry is being impacted. ...

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Shell to Close Russia Lubes

March 8, 2022

Shell announced today that it will close its finished lubricant manufacturing plant in Torzhok, Russia, and shut down it ...

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Pull-outs from Russia Exclude Lube Plants

March 1, 2022

Several Western oil companies announced the past few days that they will exit joint ventures in Russia to protest that c ...

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Russian Base Oil Exports Rose

February 15, 2022

Russian base oil exports jumped 21% in December after an 11% decline in November, a trading company concluded, providing ...

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Russian Light Vehicle Sales Rose in 2021

February 8, 2022

New passenger and light commercial vehicle sales in Russia increased by 4.3% in 2021, driven primarily by positive sales ...

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Shell, Lukoil Top Russian Survey

January 18, 2022

A recent survey of Russian motorists found that Shell, Lukoil and ExxonMobil were the most recognized motor oil brands i ...

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China Halts Lube Imports from Russia

January 11, 2022

China recently halted land-based import of a variety of Russian products, including finished lubricants, after authoriti ...

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Rosneft Sales Improved from 2020

December 21, 2021

Benefiting from expanded sales at home and abroad, Rosneft sold 208,000 tons of finished lubricants and greases in the f ...