Brazil

Consortium Seeks Isla Refinery Deal
A view of Isla Refinery in Curacao. © TamasV

Consortium Seeks Isla Refinery Deal

Lube Report Americas - June 22, 2022

Refineria di Kursou, the Curacao government agency that owns the Isla Refinery, entered exclusive negotiations with a he ...

Brazil Base Oil Output Rises

Brazil Base Oil Output Rises

Lube Report Americas - June 8, 2022

Brazil’s base oil production – mainly API Group I – increased by 5% in April, while imports dropped by almost 30%, ...

Additive

Petrobras Agrees to Sell Lubnor Refinery

Lube Report Americas - June 1, 2022

Petrobras announced last week an agreement to sell its Lubnor refinery in Fortaleza, Brazil, to a consortium of companie ...

Moove to Acquire PetroChoice

Moove to Acquire PetroChoice

Lube Report Americas - May 25, 2022

Cosan’s Moove made a splash this week with an almost half-billion-dollar acquisition for PetroChoice, the largest lubr ...

Moove Posts Higher Profits

Moove Posts Higher Profits

Lube Report Americas - May 18, 2022

Moove, Brazil-based Cosan’s lubricants arm, reported higher profits and revenue despite lower sales volume in the firs ...

Brazil Base Oils Dipped in March

Brazil Base Oils Dipped in March

Lube Report Americas - May 11, 2022

Brazil’s base oil output – mostly API Group I oils – declined 6% to 44,000 metric tons in March, while base oil im ...

Additive

Raizen Closes on Shell Brazil Purchase

Lube Report Americas - May 4, 2022

Brazilian energy company Raizen said last week that it completed its acquisition of Shell’s lubricant business in Braz ...

Brazil Base Oil Output Fell in February

Brazil Base Oil Output Fell in February

Lube Report Americas - April 13, 2022

Brazil’s production of base oil – mostly API Group I – dropped 15% in February, and imports were down by more than ...

Brazil Base Oils Declined in January

Brazil Base Oils Declined in January

Lube Report Americas - March 9, 2022

The South American country’s output of base oil – primarily consisting of API Group I oils – declined to 44,000 me ...

Moove Posts Decline for Fourth Quarter

Moove Posts Decline for Fourth Quarter

Lube Report Americas - February 23, 2022

Cosan’s Moove posted lower net income and sales volume amid an increase in revenue for the quarter ended Dec. 31 but r ...

Brazil Auto Sales Recovering Slowly

Brazil Auto Sales Recovering Slowly

Lube Report Americas - February 9, 2022

Passenger car registrations in Brazil declined in December but were higher for full year 2021, showing a slight recovery ...

Brazil Base Oils Hit a Bump

Brazil Base Oils Hit a Bump

Lube Report Americas - January 5, 2022

Base oil production in Brazil in November was slightly lower than in the same month last year, ending a streak of three ...

Brazil Base Oils Stay Ahead of 2020

Brazil Base Oils Stay Ahead of 2020

Lube Report Americas - December 1, 2021

Base oil production in Brazil in October was more than 20% higher than in the same month last year, the third consecutiv ...

Additive

Petrobras Updates on Lubnor, GasLub

Lube Report Americas - December 1, 2021

Petrobras said last week that it still intends to move forward with two initiatives that would alter the country’s bas ...

Moove Posts Higher Profits

Moove Posts Higher Profits

Lube Report Americas - November 17, 2021

Cosan’s Moove reported increases in profit and revenue and a decrease in sales volume for the quarter ending Sept. 30, ...

Brazil Auto Sales, Production Drop in October

Brazil Auto Sales, Production Drop in October

Lube Report Americas - November 10, 2021

Passenger car registrations and automotive production in Brazil both dropped in October to the lowest levels for the mon ...

Brazil Base Oils Keep Rebounding

Brazil Base Oils Keep Rebounding

Lube Report Americas - November 3, 2021

September base oil production in Brazil was 22% higher than the same month of last year and was up even more from pre-CO ...