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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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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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 ...

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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 ...

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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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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 ...

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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 ...