Amber Energy Inc. made the successful bid for Citgo, the formerly Venezuelan refiner.

Amid early signs of a thaw in international relations, Venezuela’s economy and lubricant market have begun to rebound, stirring renewed interest by ...

Negotiations between Refineria di Korsou and Klesch Group collapsed last week, leaving the tiny island nation once again searching for an operator to ...

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 ...

Nynas AB announced Tuesday that Petroleos de Venezuela S.A. sold a 35 percent stake in the company and that the United States lifted sanctions against ...

The president of Petroleos de Venezuela S.A.’s lubricant business was one of several company officials arrested early this month on corruption alleg ...

Petroleos de Venezuela S.A. agreed to a short-term lease extension with Refineria di Korsou - the Curacao government entity that owns the Isla Refiner ...

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

Due to the ongoing political and economic crisis in Venezuela, acquiring goods is an uphill battle in the country - and this certainly does not exclud ...

Curacao officials are again making rounds with potential partners interested in managing and modernizing the countrys Isla refinery, the government an ...

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

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

The sidelining of base oil plants operated by Venezuelas national oil company may be crippling that nations lubricant industry, but markets elsewhere ...

Curacaos government suspended its impending selection of a new operator for its Isla Refinery until a probe into corruption allegations regarding the ...

Venezuela completed an initial payment to defunct Canadian gold miner Crystallex International last week as part of a $1.2 billion amended settlement ...

Venezuelas economic and political crisis has hammered its vaunted petroleum industry, and the nations lubricant market is suffering along with it.

Group design, a holistic approach or a team effort - however its described, the key to achieving the next set of automotive fuel economy goals is work ...