Legal & Regulatory

EU Group II Imports Stay Below Quota

EU Group II Imports Stay Below Quota

Lube Report EMEA - July 5, 2020

By a slender margin, base oil traders stayed within the half-year 200,000 metric ton quota on API Group II imports into ...

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Ajman Emirate Nabs Counterfeiters

Lube Report EMEA - June 14, 2020

Authorities in Ajman, United Arab Emirates, confiscated 100,000 packs of fake engine oil after a sweep last week on a co ...

Ukraine Duty Draws Criticism

Ukraine Duty Draws Criticism

Lube Report EMEA - June 8, 2020

Ukraine lubricant companies contended last week that they are facing a serious financial crisis because of a new base oi ...

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U.S. Lifts Sanctions on Nynas

Lube Report EMEA - May 18, 2020

Nynas AB announced May 12 that Petroleos de Venezuela S.A. sold a 35 percent stake in the company and that the United St ...

Locked-in Neighbors Complain of Lubrizol Odors

Locked-in Neighbors Complain of Lubrizol Odors

Lube Report EMEA - April 20, 2020

Months after fire swept through parts of a local Lubrizol factory, citizens in the northern France town of Rouen are com ...

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UEIL Opposes Tax Proposal

Lube Report EMEA - April 13, 2020

The European Commission is once again considering a proposal to bring lubricants into its Excise Movement and Control Sy ...

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Gulf Oil Auto Lube Now Compliant

Lube Report EMEA - April 13, 2020

Quality assurance organization Verification of Lubricant Specifications announced this week that it upheld a complaint ...

Estimates of EU Group II Imports Criticized

Estimates of EU Group II Imports Criticized

Lube Report EMEA - March 23, 2020

The European Commission seems to be determined to uphold the semestral quota on duty-free API Group II base oil imports, ...

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Nynas Clears Reorganization Hurdle

Lube Report EMEA - March 13, 2020

Nynas AB cleared a significant hurdle in its reorganization efforts last week after the United States Office of Foreign ...

Lubrizol Vows to Fight Charges

Lubrizol Vows to Fight Charges

Lube Report EMEA - March 3, 2020

Lubrizol will vigorously defend itself against charges of lax safety standards and pollution filed by French prosecutors ...

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Midterm Review Unlikely for Group II Quota

Lube Report EMEA - February 4, 2020

It is unlikely that the European Commission will review the new duty-free API Group II base oil import quota that it ado ...

Brexit Complicates U.K. Lube Industry

Brexit Complicates U.K. Lube Industry

Lube Report EMEA - February 4, 2020

The United Kingdom formally left the European Union on Jan. 31, triggering a transition period until the end of this yea ...

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Nynas Outlines Reorganization Next Steps

Lube Report EMEA - January 28, 2020

Nynas AB disclosed details and the next steps surrounding the companys reorganization efforts last week, including an at ...

Belarus Halts Exports of Base Oils, Lubes

Belarus Halts Exports of Base Oils, Lubes

Lube Report EMEA - January 14, 2020

Belarus halted exports of base oils and finished lubricants this month in an effort to mitigate a potential energy crisi ...

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Nynas Regains Access to Bank Accounts

Lube Report EMEA - January 14, 2020

Nynas AB regained access to its bank accounts and will pay off expenses incurred during the past month, taking a step to ...

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Nynas Files for Reorganization Protection

Lube Report EMEA - December 17, 2019

Nynas AB, one of the worlds largest suppliers of naphthenic base stocks, filed for reorganization protection in a Swedis ...

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IMO 2020 Brings Increased Base Oil Freight Costs

Lube Report EMEA - December 17, 2019

Compliance with the looming IMO 2020 will impact the cost of freight for African lubricant blenders, and some were advis ...