South America

Last year, governments around the globe scrambled to dodge the economic effects of stay-at-home orders, increased unemployment, widened income gaps an ...

Cosan’s Moove lubricants arm reported higher profits, revenue and sales volumes for the fourth quarter and full year, finishing 2020 strong after a ...

Petrobras announced on Feb. 8 that has agreed to sell its Landulpho Alves Refinery in Mataripe, Brazil, to Mubadala Investment Co. for U.S. $1.7 billi ...

Base oil production in Brazil fell by nearly a fifth in 2020, and output was still off by about that much during the fourth quarter, according to rece ...

Pandemic Dominated 2020

December 30, 2020

The coronavirus pandemic upended lubricant markets in the Americas in 2020, as it did for industries everywhere, but the year also saw plenty of other ...

Brazil has its own cadre of base oil refineries, but the country is still highly dependent on imports, especially of highly refined mineral oils – a ...

After delays caused by the coronavirus pandemic, Petrobras is moving forward again with plans to divest several oil refineries – including one that ...

The COVID-19 pandemic has battered domestic base oil production in Brazil, but the large amount base oils that the country imports appear to have been ...

Cosan’s Moove finished lubricants production and distribution segment reported higher income and revenue for the quarter ending Sept. 30, compared t ...

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four years, according to a forecast tha ...

Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil company Petrobras, while it consid ...

Electric vehicles could make up 90% of the United States’ passenger vehicle fleet by 2050 if the government and consumers become more aggressive abo ...

Petrobras said recently that the COVID-19 pandemic has delayed its efforts to sell a naphthenic base oil plant in the Brazilian state of Ceara, but th ...

For the quarter ending June 30, Calumet Specialty Products Partners LP reported a net profit, while Quaker Chemical, HollyFrontier’s lubricants and ...

Two energy start-up companies – Houston-based Oil Group Investments and Rio de Janeiro’s EnP – have agreed to study the feasibility of developin ...

Chevron Products Co. announced a base oil distribution agreement with Argentine energy company YPF S.A., adding its second API Group II base oil hub i ...

North American production of lubricating greases seems to have dipped from 2018 to 2019, according to a survey by the United States-based National Lub ...

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

The Covid-19 pandemic has delayed negotiations toward a final agreement for the Klesch Group to become operator of Curacao’s Isla Refinery, accordin ...

Calumet Specialty Products Partners repaid $31.4 million in federal Paycheck Protection Program loans Monday, two weeks after acknowledging that it co ...