Brazil

Brazil’s Vibra Energia kicked off discussions with Cosan S.A. over potentially buying its lubricants business Moove.

Vibra, Brazil’s largest fuel distributor, launched a new brand, Vibra Base Oil.

Petrobras plans to invest $6.07 billion in increasing refining and petrochemicals capacity.

Operations at the joint BASF-Sinopec ethanolamines plant in Nanjing are expected to resume at the end of May.

Fuchs Petrolub SE, the German lubricants manufacturer, is investing more than 220 million Brazilian real (U.S.$39 million) to construct a blending fac ...

Brazil’s base oil market is off to a slower start in 2025 as domestic production and imports both declined significantly in January compared to the ...

State Investigates Moove Fire

February 19, 2025

Prosecutors in the Brazilian state of Rio de Janeiro opened an investigation into a large Feb. 8 fire at a Moove finished lubricant factory on Governa ...

Residents were evacuated from a blaze and fluid leak into Guanabara Bay at the Moove lubricant factory near Rio.

Brazil’s output of virgin mineral base oils jumped 24% in December, compared to the same month of 2023, rounding out the country’s most productive ...

Vibra Expands Rio Plant

December 4, 2024

Brazilian lube company Vibra completed expansion works of its Lubrax lubricant plant in Duque de Caxias to the tune of $16.55 million.

Brazilian refiners continued making base oil at a steady pace in September, churning out 49,000 kiloliters, according to the latest data from the coun ...

Moove Acquires Grupo Pax

November 6, 2024

Brazilian lubricant maker and distributor Moove acquired Grupo Pax and its three lubricant companies. The Brazilian Antitrust Authority is yet to appr ...

Moove Suspends IPO

October 16, 2024

Lubricant maker Moove postponed its initial public offering on the New York Stock Exchange a few hours before it was due to start. The company blamed ...

Belgian oleo-chemicals company Oleon acquired a majority stake in A.Azevedo Óleos, a Brazilian oleo-chemical company based in Sao Paulo.

Moove IPO Confirmed

September 18, 2024

Brazilian lube company Moove has registered for a initial public offering on the New York Stock Exchange, confirming reports from last month that the ...

Petrobras Wants Refineries Back

September 11, 2024

Petrobras is negotiating to regain ownership of the Landulpho Alves refinery and reverse the previous administration’s sell-off of state assets.

Base oil production in Brazil rose 8% in July, compared to the same month last year, according to the latest data from a government agency.

The head of Argentinian oil major YPF said recently that the company will sell its businesses in Brazil and Chile, both focused on lubricants, as part ...

Base oil production in Brazil increased by 9% in April, according to data released by the National Agency of Petroleum, Natural Gas and Biofuels.