Russia

Russian lubricants production stagnated in 2013 because of the economic slowdown caused by slow industrial output and a weak ruble, and is forecasted ...

Russia will soon introduce a complex export tax formula for different grades of base oil, responding to a request by three Russian oil majors to lower ...

Tatneft and Nizhnekamskneftekhim expressed readiness to resume polyalphaolefin and finished oil production at their joint ventures idled plant in Nizh ...

MUMBAI, India – Lukoil tabled plans to upgrade its base oil plants, in deference to a growing oversupply of API Group III oils. Given the curren ...

For a variety of reasons, Russia is failing to meet its internal demands for white oils. One company calls this an opportunity and is looking for part ...

Tatnefts 190,000 ton per year API Group II/III base oil plant at its new Nizhnekamsk refinery will commission in test mode by September and could star ...

Long on Promise

April 25, 2014

When the Soviet Union broke apart, Ukraines grease industry lost its biggest market and Russia lost its main supplier. Now the industries in both coun ...

Gazprom Neft commissioned the second stage of its lubricant blending production in Omsk, Western Siberia, and confirmed it will soon start constructio ...

Russian oil major Gazprom Neft posted a 10 percent increase in combined base oil and lubricant production in 2013 compared to the previous year and in ...

Russian oil major Lukoil started supplying marine lubricants in bulk quantities to a key Black Sea port in southwest Russia. Lukoil Marine Lubricants ...

Russian lube maker Gazprom Neft Lubricants has signed a factory-fill and lubricant supply deal with Rostselmash, a major manufacturer of agricultural ...

Russias automotive gear oil consumption could surge 27 percent to 79,400 metric tons by 2018, largely due to a boost in passenger car sales, a market ...

Russian oil majors Lukoil, Gazprom Neft and Tatneft appealed to Prime Minister Dmitry Medvedev to slash Russias lubricant export tax to 20 percent of ...

Lukoil Cuts More Lube Deals

January 29, 2014

Russian oil major Lukoil recently signed lubricants supply contracts with a number of business and government customers in northern Russia, Sweden, Ro ...

The European Commission on Jan. 15 approved Lukoils acquisition of Austrian energy group OMVs non-retail lubricants business, including a 35,000 tons ...

Shell and Hyundai extended their Russian agreement for lubricants supply, training, technical support and marketing events to a five-year period. Unde ...

Azmol Goes out of Business

January 8, 2014

Azmol, one of the former Soviet Unions largest lubricant makers, went bankrupt under a recent commercial court rule, according to Voice of Ukraine, th ...

BRIC Countries Recover

January 1, 2014

BRUSSELS-The $1 trillion economies of Brazil, Russia, India and China all have different development drivers and potential for growth, but consultancy ...

Russian Lube Output Slows

January 1, 2014

MOSCOW – The Kremlins hefty spending on Russias defense industry and heavy investments in infrastructural and security projects ahead of the 201 ...

Russian lube marketer Gazpromneft Lubricants signed a strategic partnership deal with the Russian Association of Auto Dealers.The agreement announced ...