Earnings

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Q1 Profits Down for BP, Fuchs

Lube Report EMEA - May 4, 2020

BP’s lubricants business posted a steep drop in profit for the first quarter, which it attributed primarily to Covid-1 ...

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Gazpromneft’s Lubes Sales Rose in 2019

Lube Report EMEA - March 29, 2020

Gazpromneft-Lubricants sold 708,000 tons of base oils and lubricants in 2019, up from 703,000 tons sold the year before, ...

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Fuchs Q4 Profits Down

Lube Report EMEA - March 23, 2020

Independent lubricants blender Fuchs Petrolub SE reported €52 million (U.S. $55.5 million) in earnings after tax for t ...

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Profits Down for Fuchs, Up for BP Lubes

Lube Report EMEA - November 5, 2019

Independent lubricants blender Fuchs Petrolub SE reported a decrease in profits and an increase in sales, while BPs lubr ...

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Neste Writes Off Stake in Nynas

Lube Report EMEA - October 29, 2019

Neste stated last week that it has written off its holding in Nynas, an admission of the difficulties that the joint ven ...

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Earnings Fall for Fuchs, BP Lubes

Lube Report EMEA - August 6, 2019

Independent lubricants blender Fuchs Petrolub SE posted decreased profit and sales, and BPs lubricants business reported ...

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Software Switch Backfires at Liqui Moly

Lube Report EMEA - July 23, 2019

German lubricant and additive marketer Liqui Moly said problems with new software caused a sharp drop in earnings and ar ...

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Rosneft Lubes Sales Rose in 2018

Lube Report EMEA - July 9, 2019

Rosneft sold 84,000 metric tons of what it calls premium lubricants, up 21 percent from the year before, driven by an ef ...

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Nynas Hits Rough Seas in 2018

Lube Report EMEA - June 25, 2019

Nynas naphthenic business segment, which primarily supplies base oils, reported 328 million Swedish krona (U.S. $35 mill ...

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Steeper Loss, Higher Revenue for Hydrodec in 2018

Lube Report EMEA - June 4, 2019

London-based transformer oil rerefiner Hydrodec posted a $13.7 million overall loss for 2018, compared to a $4.3 million ...

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Fuchs Q1 Profits Drop

Lube Report EMEA - May 7, 2019

Independent lubricants blender Fuchs Petrolub SE reported that its earnings after tax declined for the first quarter of ...

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Fuchs Reports Strong 2018

Lube Report EMEA - February 26, 2019

Fuchs Petrolub SE posted 288 million (U.S. $327 million) in earnings after tax for 2018, up 7 percent from 269 million i ...

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BP’s Lube Earnings Fall

Lube Report EMEA - February 12, 2019

BPs lubricant business profits decreased 20 percent to $311 million in the fourth quarter, down from $375 million during ...

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Profits Up for Fuchs, Down for BP Lubes

Lube Report EMEA - November 6, 2018

Independent lubricants blender Fuchs Petrolub SE reported increases in profits and sales, while BPs lubricants business ...

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Profits Rise for Fuchs, Fall at BP

Lube Report EMEA - August 7, 2018

Independent lubricants blender Fuchs Petrolub SE increased profits and sales, and BPs lubricants business reported a dec ...

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Mixed 2017 for Hydrodec

Lube Report EMEA - June 5, 2018

United Kingdom-based transformer oil rerefiner Hydrodec Group posted an overall loss for the year, although sales revenu ...

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Nynas Earnings Down

Lube Report EMEA - May 15, 2018

Nynas naphthenic business unit, which primarily supplies base oils, reported earnings before interest, taxes, depreciati ...