Volume 2 Issue 15
The U.S. Gulf market has been thrown into disarray by the chemical fire at IBCs Deer Park facility in Houston and the ensuing clean-up operation. European trade is not that busy, and Asia is largely static too.-by Adrian Brown
The European Automobile Manufacturers Associations 2018 engine oil sequences will be delayed until at least mid-2020, ACEAs heavy-duty diesel chairman told a conference in Germany last week. He added, though, that the delay would not cause significant problems.
A refinery in Ballsh, Albania, and its associated API Group I base oil plant has been idled since January because of irregular crude oil supply.
Marine fuels and lubricants supplier Aegean Marine Petroleum Network emerged from Chapter 11 restructuring last week under a new name - Minerva Bunkering - as a wholly-owned subsidiary of Mercuria Energy Group Ltd., an independent energy and commodity company based in Geneva, Switzerland.