Russia

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Rusoil Plant Sold in Russia

Lube Report - May 30, 2012

Neftgazsbyt acquired a 51.9 percent stake in the Mendeleev-Rusoil fuel refinery and lubricants plant from Slavneft for a ...

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Good Prospects for Russias PAOs

Lube Report - May 23, 2012

The production of PAOs in Russia could resume by 2014 once a major petrochemical company completes recently authorized m ...

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Russia Refiners Fight Export Tax

Lube Report - May 16, 2012

Russias Ministry of Economic Development yesterday said the government will review exempting base oil from the new expor ...

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Rosneft’s Base Oil Press

Lube Report - May 2, 2012

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

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Valvoline Steps over BP into Russia

Lube Report - April 25, 2012

U.S. lubricants and chemicals producer Ashland Inc. and Russias TNK-BP signed a five-year agreement to distribute Valvol ...

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Bright Outlook for Russian Base Oils

Lube Report - April 11, 2012

MOSCOW – Russian production of high quality API Groups II and III base oils is predicted to reach 1.7 million tons ...

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Brighter Future for Russian Greases

Lube Report - April 4, 2012

MOSCOW – Russias grease production is expected to grow at an annual rate of 5 to 7 percent after 2014, when new pl ...

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Chevron Picks Russian Marine-oil Partner

Lube Report - March 28, 2012

Russias Gazprom will produce Texaco-branded marine oils in Russia for U.S. oil major Chevron, Gazprom Neft said yesterda ...

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Gazprom Eyes EU Lubes Market

Lube Report - March 28, 2012

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

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Gazproms Lube Sales Rise

Lube Report - March 21, 2012

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

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Rosneft, Avtovaz Team Up on Lubes

Lube Report - March 14, 2012

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

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Shell Russian Lubes Plant Delayed

Lube Report - February 8, 2012

The opening of Shells Russian blending plant has been delayed again, to mid-2012. Shell previously pushed back the comp ...

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Russia to Get New Grease Plant

Lube Report - January 18, 2012

MOSCOW – Lukoil and Russian Railways formed a joint venture and will invest 1 billion rubles (U.S. $316 million) i ...

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Lube Demand Grows in Russia

Lube Report - January 4, 2012

Driven by increased sales of foreign branded cars and consumption of higher-quality lubricants, Russias demand for light ...

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Russia Raises Oil Export Duty

Lube Report - September 28, 2011

Russia is raising the export duty on petrochemicals, including lubricants, Oct. 1. However, industry insiders dont expec ...

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Russian Drivers Shift Lube Habits

Lube Report - December 15, 2010

A growing number of Russian car owners have extended their engine oil drain intervals and become do-it-for-me oil change ...

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Russian Lubes Regain Ground, Slowly

Lube Report - December 1, 2010

MOSCOW – Russias lubricant market faces modest recovery in 2010, but due to the economic downturn lubricant demand ...

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Russia Hikes Petroleum Export Taxes

Lube Report - August 4, 2010

Russias government has raised export duties on heavy refined petroleum products $5 per metric ton, which could impact mo ...