South America

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U.S. Base Oil Capacity Stays Steady

Lube Report - April 17, 2013

Base oil capacity in the United States totaled 218,000 barrels per day on Jan. 1, compared to 217,300 b/d a year earlier ...

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Flooding Idles YPF Base Oil Unit

Lube Report - April 10, 2013

Argentinas state-owned YPF halted production at its API Group I plant in La Plata last week after a heavy rainstorm floo ...

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Stay Flexible Is Key to Success

Lube Report - January 3, 2013

JERSEY CITY, N.J. – Petro-Canada, the Americas only major producer of both API Group II and Group III base oils, s ...

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Argentina Blasted for YPF Nationalization

Lube Report - April 18, 2012

Spanish refiner Repsol and Spains government blasted Argentinas decision to nationalize oil and gas company YPF SA, whic ...

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Cosan Acquisition Targets Europe

Lube Report - March 7, 2012

Brazils Cosan announced last week it is acquiring U.K.-based Comma Oil and Chemicals Ltd., staking a foothold in the Eur ...

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Hurdles Hinder Argentina’s Strong Lube Market

Lube Report - January 4, 2012

Advantages and disadvantages abound in Argentina. It is one of the G-20 economies, with an average income classified as ...