South America

Brazil Selling Refineries with Base Oils

Brazil Selling Refineries with Base Oils

Lube Report Americas - July 31, 2019

Arguing that privatization will lead to cheaper energy products, the administration of Brazilian President Jair Bolsonar ...

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Brazil’s Lube Market Rebounds

Lube Report Americas - June 19, 2019

Lubricant demand in Brazil jumped to 399,000 metric tons for the first four months of this year, a 5 percent increase co ...

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Ecuador Aims to Recycle More Used Lubes

Lube Report Americas - May 29, 2019

The government of Ecuador aims for the country to recycle 100 percent of its used lubricants and has vowed to guarantee ...

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Auto Sales Growth Forecast in Latin America

Lube Report Americas - May 29, 2019

The passenger vehicle market in Latin America is projected to grow 4.3 percent in 2019 to 5.7 million new units, accordi ...

Lubricants a Luxury in Venezuela

Lubricants a Luxury in Venezuela

Lube Report Americas - May 22, 2019

Due to the ongoing political and economic crisis in Venezuela, acquiring goods is an uphill battle in the country - and ...

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Profits Up for Calumet, Cosan

Lube Report Americas - May 15, 2019

Calumet Specialty Product Partners L.P. reported net income of more than $16 million for the first quarter, much improve ...

Curacao Visits Potential Refinery Partners

Curacao Visits Potential Refinery Partners

Lube Report Americas - April 10, 2019

Curacao officials are again making rounds with potential partners interested in managing and modernizing the countrys Is ...

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Puma In, Petrobras Out at Argentina Plant

Lube Report Americas - April 10, 2019

The new owner of a blending plant in Avellaneda, Argentina has entered a contract to make lubricants for Puma Energy, an ...

Chemicals Regulation Looms in Brazil

Chemicals Regulation Looms in Brazil

Lube Report Americas - April 3, 2019

Brazils government is considering a proposed overhaul of its regulations of chemicals - a step that would be in line wit ...

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U.S. Energy Demand Flat to 2040

Lube Report Americas - March 20, 2019

The United States energy demand is projected to remain essentially flat out to 2040, down just 1 percent, and Brazils is ...

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Big Oil’s Shrinking Share in Andes Region

Lube Report Americas - February 20, 2019

Except for Venezuela, lubricant demand in South Americas Andes region has been growing in recent years, and the biggest ...

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Cosan Caps 2018 with Strong Fourth Quarter

Lube Report Americas - February 20, 2019

Moove - Cosans lubricant production and distribution arm - capped off an auspicious run in 2018 with a strong fourth qua ...

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Mexico Demands Quality

Lubes'n'Greases - February 19, 2019

With new national lube standards on the books and the latest trade agreement in place, the country is pushing toward bet ...

Preferred Bidder Ditches Curacao Talks

Preferred Bidder Ditches Curacao Talks

Lube Report Americas - February 13, 2019

Curacaos Isla Refinery is taking a step back in its search for a new manager after its preferred bidder withdrew from ne ...

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South America Survives Without PdVSA Base Oils

Lube Report Americas - February 6, 2019

The sidelining of base oil plants operated by Venezuelas national oil company may be crippling that nations lubricant in ...

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Isla Refinery Halts Search Amid Probe

Lube Report Americas - January 23, 2019

Curacaos government suspended its impending selection of a new operator for its Isla Refinery until a probe into corrupt ...

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Venezuela Progresses on Settlement to Retain Citgo

Lube Report Americas - November 28, 2018

Venezuela completed an initial payment to defunct Canadian gold miner Crystallex International last week as part of a $1 ...

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Shell Completes Sale of Argentina Assets

Lube Report Americas - October 10, 2018

Shell announced last week the closing of its sale of downstream assets in Argentina to Raizen - a 50-50 joint venture be ...