Volume 7 Issue 2

Agreement Aims to Restart Curacao Refinery
January 10, 2024Petroleos de Venezuela S.A. and the owner of Refineria Isla have reached an agreement resolving a debt dispute and re-establishing commercial relations – raising the possibility that the Caribbean’s only base oil plant may reopen.

U.S. Base Oil Exports Rise, Imports Fall
January 10, 2024The United States exported 31% more base oil in October, while the volume of base oil imported into the U.S. plummeted 41%, compared with the same month last year, according to recently released government agency data.

Lubes’n’Greases January Issue Available
January 10, 2024Will PTFE be banned in the coming years, and how might increasing regulation affect lubricant formulations? What did North American lubricant demand look like last year? How are new tests, tools and regulations driving oil analysis into a new era? Check out the December issue to learn the answers to these questions and more.

Lubrication Systems, Pumps Maker Acquired
January 10, 2024Aerospace and defense manufacturer Crane Co. acquired lubrication pump and system components producer Vian Enterprises for $103 million, the company announced last week, for products used in those same industries.
From Other Editions of Lube Report
January 10, 2024Vietnam Requires Lube Suppliers to Recycle
Briefly Noted
January 10, 2024Future Energy Source Co. Ltd. was appointed exclusive authorized dealer for Castrol automotive lubricants in Jamaica.