South America

Terpel Reports Higher Profits

December 13, 2023

Colombian oil and gas company Terpel reported increases in gross profit for its lubricants segment in Colombia and Peru – its two primary geographic ...

Brazil’s base oil production tumbled down by 56% to its lowest point this year, while its lubricants import volume was up 18% in October, reaching i ...

Brazil’s state-owned Petrobras announced Monday that it had terminated the sale of the Lubnor refinery to Grepar Participacoes, claiming that govern ...

Brazil’s base oil production plummeted 51%, and the country’s base oil imports volume fell 23% in September, according to government agency data r ...

North America’s finished lubricant demand is projected to grow at a compound annual rate of 0.8% out to 2032, held back by shrinking consumer demand ...

Brazil’s base oil production plummeted 29%, while its base oil import volumes surged 55% in July, the National Agency of Petroleum, Natural Gas and ...

Chevron and Ipiranga recently agreed that their Brazil joint venture, Iconic, will distribute Chevron base oils in addition to the finished lubricants ...

Saudi Aramco is entering the South American lubricants market after fully acquiring Chilean blender, distributor and retailer Esmax Distribusción SpA ...

Independent lubricant manufacturer Fuchs Petrolub bought out its partner in a joint venture distributorship in Chile, the company announced this week. ...

Brazil’s base oil production jumped 22%, and its base oil imports rose 14% in July, compared to volumes in the same month last year, a government ag ...

To help reduce potential for environmental contamination, an Argentinian waste management company launched a used lubricant collection and treatment p ...

Colombian oil and gas company Terpel reported hefty increases in gross profit for its lubricants segment in Colombia and Peru, its two major geographi ...

Rerefiner Heritage-Crystal Clean reported a steep fall in second quarter revenues for its oil business segment – which includes oil rerefining, wast ...

Brazil imported 17% less base oil, and the South American country's base oil exports declined 14% in June, compared to the volumes in the same month l ...

Brazil’s base oil production rose 7%, while its base oil import volume fell 24% and its base oil exports plummeted 38% in May, according to data rel ...

A competition court in Brazil today approved Grepar Participacoes’ acquisition of the Lubnor refinery from Petrobras – a decision intended as the ...

Chilean President Gabriel Boric Font unveiled a plan recently to nationalize the country’s lithium industry, declaring that the nation should make t ...

Brazil’s base oil production rose 9% in April, while base oil imports jumped 14%, according to government data released today. Domestic output – m ...

The lubricant segment of Colombian oil and gas company Terpel attained large increases in gross profit in the first quarter in Colombia and Peru, its ...

Police in the Brazilian state of Goias, in a joint operation with government agencies, on May 22 seized more than 4,000 liters of engine oil at a dist ...