Volume 3 Issue 51
Galp Refinery Closing in 2021
December 22, 2020Portuguese energy company Galp said yesterday that it will close the smaller of its two refineries – a facility in Matosinhos, Portugal, that includes one of Western Europe’s smallest base oil plants, along with a finished lubricant blending plant.
Pandemic Cuts Russia Base Oil Exports
December 22, 2020Russia base oil exports are expected to drop 12% this year, a European trader forecasts, because of a drop in demand caused by COVID-19 lockdowns in Europe and Turkey.
Small Rerefinery Opens in Russia’s Far East
December 22, 2020A small API Group I base oil rerefinery opened last week in Amur Oblast in the Russian Far East, the region’s government announced.
Briefly Noted
December 22, 2020Under a new partnership with Total Marketing Middle East, Al Masaood TBA will serve as an official distributor of Total branded lubricants in Abu Dhabi and the western region of the United Arab Emirates.