Volume 11 Issue 37
Sanctions Risk Indian Additive Exports to U.S.
September 16, 2026A U.S. Senate amendment to the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026 would give the U.S. president authority to impose tariffs of up to 100% on imports from countries among the top five purchasers of Russian oil or gas, potentially exposing major Russian energy buyers such as India and China to punitive duties. The Senate version does not automatically impose the tariffs, and the legislation remains subject to progress through the House of Representatives. According to World...
Briefly Noted
September 16, 2026Afton New HD Additive Platforms Afton Chemical has launched two heavy-duty engine oil additive platforms ahead of the API’s new PC-12 categories, which are scheduled for formal introduction Jan. 1, 2027. The portfolio comprises HiTEC 12330, a fit-for-purpose platform designed for broad OEM coverage, wear protection and oxidation control, and HiTEC 12380, Afton’s premium multi-fuel platform for demanding applications and extended drain intervals. Both support Group II and re-refined base oil ...
Tatneft Challenges Freeze on $173M Award
September 16, 2026The United States has backed Ukraine in a $173 million dispute with Russian oil producer Tatneft, which has appealed a four-year freeze on enforcement and accused Ukraine of using the war to keep the case on hold indefinitely. The U.S. Department of Justice recently filed an amicus brief with the U.S. Court of Appeals for the District of Columbia Circuit that backs Ukraine’s effort to maintain restrictions on Tatneft’s enforcement of an arbitration award tied to its former stake in Ukraineâ€...
ATIEL, UEIL Push for Rules on Lube Emissions Claims
September 16, 2026European lubricant industry groups are pushing for tighter rules around how lubricant manufacturers calculate and communicate emissions reductions attributed to their products. The Technical Association of the European Lubricants Industry and the Union of the European Lubricants Industry, ATIEL and UEIL, published a joint position paper Sept. 15 addressing “avoided emissions” and “handprint” methodologies, with particular attention to the World Business Council for Sustainable Developmen...
Attack on Pipeline Rattles Saudi Bourse
September 16, 2026Saudi Arabia’s stock market value dropped on Sunday as investors reacted to fresh attacks on the kingdom’s energy infrastructure, including the temporary shutdown of the East-West Pipeline, a key route carrying crude from the Persian Gulf to the Red Sea. The sell-off hit energy stocks particularly hard, with base oil producer Luberef recording the market’s steepest decline. Loading at Yanbu Commercial Port, near to one of Luberef’s two plants, has been stopped since Sept. 11, according t...