British oil major Shell’s plans to convert a hydrocracker at its Wesseling, Germany, refinery into a production unit for API Group III base oil now include the installation of an electric low-emission tubular heater supplied by French furnace supplier Axens.

Venezuelan petrochemical and environmental management company Petromaca’s rerefinery is the latest used lubricant recycling project to spring up in South America. More than 900,000 metric tons of oil is used in vehicles and ships in Venezuela per year. The federal government is set on solving the problem of how to dispose of those lubricants once they are used, and its solution is to process the material to turn it back into a raw material for manufacturing new lubricants.  Officials claim th...

German lubricant manufacturer Fuchs SE signed a letter of intent to acquire Swiss lubricant company Strub & Co. AG, affording Fuchs direct access to the Swiss market.

Brazilian lube company Moove has registered for a initial public offering on the New York Stock Exchange, confirming reports from last month that the company was exploring that option.

ExxonMobil is opening a new supply terminal in Dagenham, United Kingdom, providing an extension in the supply chain for its API Group II base oil plant in Rotterdam.