Volume 9 Issue 22

YPF to Sell Lubes Units in Brazil, Chile

The head of Argentinian oil major YPF said recently that the company will sell its businesses in Brazil and Chile, both focused on lubricants, as part of an effort to shed underperforming assets.

Brazil Base Oil Output Edges Higher

Base oil production in Brazil increased by 9% in April, according to data released by the National Agency of Petroleum, Natural Gas and Biofuels.

Moove Profits Rebound in First Quarter

Cosan’s Moove rebounded with a net profit in the first quarter – after a net loss in the same period last year – on lower net operating revenue and flat combined lubricant and base oil sales volume.

From Other Editions of Lube Report

Verbio to Make Rapeseed Chemicals

State-owned Company Buys Sapref

Kluber Expands India Lubes Plant

Briefly Noted

Shoreline Lubricants will distribute the full range of TotalEnergies lubricants in Canada in New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador under a commercial partnership agreement with TotalEnergies Marketing Canada Inc.