South America

Thirst Increases for Motorcycle Oils
A traffic jam of cars and motorcycles in downtown Sao Paulo, Brazil. © Alf Ribeiro / stock.adobe.com

Thirst Increases for Motorcycle Oils

Lube Report Americas - October 14, 2020

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four year ...

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Brazil Court Orders Halt to Refineries Sale

Lube Report Americas - September 23, 2020

Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil comp ...

Decarbonization Could Boost EV Sales

Decarbonization Could Boost EV Sales

Lube Report Americas - September 16, 2020

Electric vehicles could make up 90% of the United States’ passenger vehicle fleet by 2050 if the government and consum ...

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Sale of Petrobras’ Lubnor Delayed

Lube Report Americas - August 19, 2020

Petrobras said recently that the COVID-19 pandemic has delayed its efforts to sell a naphthenic base oil plant in the Br ...

Profits Up for Calumet, Down for Quaker

Profits Up for Calumet, Down for Quaker

Lube Report Americas - August 12, 2020

For the quarter ending June 30, Calumet Specialty Products Partners LP reported a net profit, while Quaker Chemical, Hol ...

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Base Oil Plant Studied in Brazil

Lube Report Americas - July 15, 2020

Two energy start-up companies – Houston-based Oil Group Investments and Rio de Janeiro’s EnP – have agreed to stud ...

YPF Distributes Chevron Base Oils

YPF Distributes Chevron Base Oils

Lube Report Americas - July 1, 2020

Chevron Products Co. announced a base oil distribution agreement with Argentine energy company YPF S.A., adding its seco ...

North American Grease Production Slips

North American Grease Production Slips

Lube Report Americas - July 1, 2020

North American production of lubricating greases seems to have dipped from 2018 to 2019, according to a survey by the Un ...

Lube Demand Drops in Brazil

Lube Demand Drops in Brazil

Lube Report Americas - June 8, 2020

The Covid-19 pandemic has hammered Brazil’s finished lubricant industry, a consultant said this week, causing a sharp ...

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Isla Talks Stalled by Covid-19

Lube Report Americas - May 22, 2020

The Covid-19 pandemic has delayed negotiations toward a final agreement for the Klesch Group to become operator of Curac ...

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Calumet Returns Payroll Protection Loans

Lube Report Americas - May 15, 2020

Calumet Specialty Products Partners repaid $31.4 million in federal Paycheck Protection Program loans Monday, two weeks ...

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U.S. Lifts Sanctions on Nynas

Lube Report Americas - May 12, 2020

Nynas AB announced Tuesday that Petroleos de Venezuela S.A. sold a 35 percent stake in the company and that the United S ...

Coronavirus Constricts Lithium Supplier Livent

Coronavirus Constricts Lithium Supplier Livent

Lube Report Americas - March 25, 2020

Lithium supplier Livent Corp. suspended operations at its two Argentinian facilities this week in accordance with a nati ...

PdVSA Lube Chief Arrested

PdVSA Lube Chief Arrested

Lube Report Americas - March 13, 2020

The president of Petroleos de Venezuela S.A.’s lubricant business was one of several company officials arrested early ...

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Petrobras to Exit Colombia

Lube Report Americas - March 4, 2020

Brazils Petrobras said Tuesday that it plans to sell its fuels and lubricants business in Colombia, part of a broader pl ...

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Oil & Politics

Lubes'n'Greases - February 14, 2020

Latin American countries have been dealing with their share of political turmoil in recent years. Is the unrest suppress ...

Car Sales Mixed in Latin America

Car Sales Mixed in Latin America

Lube Report Americas - February 5, 2020

Vehicle sales for last year were up in Brazil and Colombia but down in Mexico, Argentina and Chile, according to data fr ...