Emeka Umejei reports on the effects of currency devaluations in sub-Saharan Africa.

In an international arbitration court, a World Bank tribunal ruled that it didnt have jurisdiction in a 2012 case in which the Netherlands-incorporate ...

Russian lubricant demand fell more than 10 percent to 1.5 million metric tons in 2014 due to sluggish industrial output and lower new car sales, a Mos ...

Lube marketer Motul signed an agreement last month to promote its brand through an online racing video game now under development in South Korea.

ExxonMobil confirmed that it completed an expansion of its base oil plant at Jurong, Singapore, last quarter. The project further saturates a market t ...

In the few short years since 2011, the Middle East has gone from being an importer of base oils to a major export center, especially of API Group III ...

Vivo Energy reached an agreement with a local investor, CH Group Ltd., to take an 8-percent equity stake in Vivos Ghanaian holdings in order to meet a ...

Kazakhstan reduced export duties on lubricants, crude oil and other petroleum products, and identified the lowest acceptable crude oil price that stil ...

Chevron Lummus Global and ExxonMobil have had a near corner on the business of providing technologies needed to refine API Group II and III base stock ...

Malaysias Petronas Lubricants International recently opened a new research and development center in China and launched several new products for domes ...

Australia announced last month that it would not scrap an automotive bailout fund as previously planned, eliciting sighs of relief from automakers and ...

Chevron on Friday sold its 50-percent stake in Caltex Australia, a leading fuel retailer and one of the largest lubricant suppliers in Australia.

Most motorists in five Asian nations get their engine oil changed by professionals and follow experts advice in choosing which oil to use, according t ...

The Hong Kong Stock Exchange suspended trading of Tianhe Chemicals Group Ltd. shares Thursday. Tianhe said it requested the suspension because a delay ...

The Philippines will move from Euro 2 to Euro 4 fuel standards in July instead of next year as previously planned.

The Kremlin-backed state oil company -- Russia's second-largest lubricants marketer -- opens up about its goals at home and abroad.

Cosan Lubrificantes reported increased revenues in the fourth quarter and full year, compared to 2013s fourth quarter and full year, while 2014 profit ...

Lukoil plans to permanently shut down its API Group I base oil plant in Nizhny Novgorod early next month, a source close to Lukoil activities told Lub ...

DUBAI, United Arab Emirates – Emirates Lube Oil Co (Elco) confirmed to Lube Report it commenced operations at a new grease plant located in Umm ...

South Korea and China recently announced that their forthcoming free-trade pact will take 15 years to eliminate Chinese tariffs on South Korean base o ...