South America

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Citgo Under Threat Again After Ruling

Lube Report Americas - October 2, 2019

A United States appeals court lifted a hold Monday on Crystallex International Corp.s efforts to seize shares of refiner ...

Brazil’s Refinery Sell-off Plan Hits Phase Two

Brazil’s Refinery Sell-off Plan Hits Phase Two

Lube Report Americas - September 25, 2019

Brazils state-run oil company Petrobras has started the second phase of a plan to sell controlling stakes in eight oil r ...

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Mobil Re-positions in Argentina

Lube Report Americas - August 28, 2019

ExxonMobil is working to reposition its Mobil brand in some South American countries, including Argentina where it recen ...

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Taking Advantage of Crude Price Volatility

Lube Report Americas - August 21, 2019

A consultant told an industry conference that lubricant companies can benefit from crude oil price volatility if they ca ...

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Earnings Improve at Cosan, Calumet

Lube Report Americas - August 14, 2019

Calumet Specialty Products Partners LP reported a smaller net loss and decreased sales for the second quarter, while Cos ...

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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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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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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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 ...