African rerefiners agree that overcoming skeptical public perception of their rerefined base oils is a significant hurdle to growth. However, they debated about other factors - such as working with multinational companies and choosing the best production process - during a panel discussion at an industry conference in Cape Town, South Africa.
Oman Trading International, a subsidiary of Oman Oil Marketing Co., inked an agreement with Kenyas Hass Petroleum to sell the Muscat-based marketers range of lubricants in the East African country.
The European Unions energy demand is projected to decline by 11 percent by 2040, Africas energy consumption is expected to jump by 128 percent, and the Middle Easts energy consumption will grow 54 percent, according to the 2018 BP Energy Outlook.
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