South America

Brazil’s base oil production fell 35% in March and was down 7% in the first quarter, compared to the same periods last year, according to the latest ...

The lubricant segment of Colombian oil and gas company Terpel achieved increases in sales volumes and gross profit in 2022 in its two major geographic ...

Colombian oil and gas company Terpel is making investments to expand production capacity at its blending plant in Peru, a company executive confirmed ...

Base oil production and base oil imports volumes in Brazil were again higher in February compared to totals in the same month last year, according to ...

Petrobras has licensed technologies from Chevron Lummus Global for an API Group II base oil plant being built as part of Brazil’s Gaslub project, a ...

As the vehicle parc modernizes in Latin America, there is a widening gap between engine oils that new vehicles require and what is available in the ma ...

Vibra Energia’s lubricants business recorded 30% higher profit for 2022 on a 12% increase in sales revenue, while fourth quarter earnings also jumpe ...

API Group I and II base oil availability in South America increased in 2022 due to low prices in Asia-Pacific and the United States, caused by Western ...

While Petrobras and Grepar Participacoes await the conclusion of a second regulator review of Grepar’s bid to buy the Lubnor refinery in Fortaleza, ...

Brazil’s base oil market may have had a down year in 2022, but it’s off to a healthy start in 2023, as domestic production and imports both rose y ...

Cosan’s Moove and HF Sinclair’s lubricants and specialties segment both reported higher profits for 2022 but lower profits in the year’s fourth ...

The Latin American base oil market is going through a challenging time as its top economies – Brazil and Mexico – underperform and domestic base o ...

Retail sales and production of motorcycles in Brazil both increased by 18% in 2022, according to survey results released last month by the Brazilian A ...

Creating bio-lubricants using the liquid by-product extracted during processing of cashew nuts is the subject of a new patent earned by Brazil’s Fed ...

Brazil’s base oil production increased 16% in December 2022 but was down 7% for the full year, while base oil import volume doubled in December but ...

Might Latin America be on the cusp of increased base oil production capacity, or will its output dwindle in the coming years?

In another twist of the Isla Refinery saga, Curacao government officials confirmed the preferred bidder seeking to operate the facility provided sever ...

Last year’s purchase of the Lubnor refinery by Grepar Participacoes will be reviewed by a Brazilian court after a judicial official advised last wee ...

Passenger car registrations in Brazil rose 5% in December and were flat for 2022, gradually recovering in number after a lack of semiconductors for ne ...

Brazil produced 46,000 metric tons of base oil in November, close to flat compared to the same month of 2021. Meanwhile imported base oil volume dropp ...