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Nigerian lube blender Conoil reported a slightly lower gross profit and a 42% drop in sales revenue for its lubricants segment for the full year. The ...

The United States last week announced a sweeping new round of sanctions against Russia, covering a large number of companies including 10 Russian comp ...

German Demand Falls Again

February 27, 2024

Although Germany’s domestic lubricant demand declined 7% in November, the largest category – motor oils – posted a 5% year-on-year increase, and ...

Castrol India Ltd. reported higher net profit for 2023 and the quarter ended Dec. 31, while the quarter brought double- or triple-digit gains in profi ...

Perstorp inaugurated a pentaerythritol production plant in western India on Feb. 20, saying it will meet growing regional demand for the chemical, whi ...

Motorcycle and moped sales in India rose 9% during the 2023 calendar year, while sales of new passenger cars topped 4 million for the first time ever, ...

After pushback from automakers and unions, the United States Environmental Protection Agency may propose slowing the pace of regulations that would re ...

Amid early signs of a thaw in international relations, Venezuela’s economy and lubricant market have begun to rebound, stirring renewed interest by ...

The global lubricants industry is facing new challenges from geopolitical and economic events, such as wars in Ukraine and the Middle East, supply rou ...

MRS Posts Big Earnings Jump

February 20, 2024

Nigerian blender MRS Oil Nigeria Plc reported a 154% jump in gross profit for its lubes segment for the full year, on a 17% increase in sales revenue, ...

Uzbekistan oil and gas company Saneg acquired CGC Lubricants Italy S.p.A., an Italian lube maker, to expand its footprint on the European markets and ...

South Korea’s GS Caltex reported higher operating profit for its base oil and lubricants business for full-year 2023 despite a decline in the fourth ...

South Korea exported 23% less base oil volume in November and the exports’ declared value was flat, compared to the same month last year, according ...

Special Report: Base Stocks

February 16, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Special Report: Base Stocks

February 14, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...

Valvoline Inc. reported a 114% jump in operating income and a 12% increase in net sales revenue for the quarter ended Dec. 31, which is the first quar ...

Earth Alive Clean Technologies, a Canadian engineering company in the biochemical sector, acquired Interlube Inc. a Quebec-based producer of biodegrad ...

Blue Tide Environmental announced today completion of the first phase of its base oils rerefinery in Baytown, Texas – a low-sulfur vacuum gasoil pla ...

Indonesia requested World Trade Organization dispute consultations with the European Union over its imposition of anti-dumping duties on imports of fa ...

Special Report: Base Stocks

February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive industry is impacting base oil deman ...