Adrian Brown is away.

Global energy demand in 2040 will be 25 percent higher than in 2015, with oil, natural gas and coal still accounting for 77 percent of total energy consumption, according to the 2017 edition of ExxonMobils The Outlook for Energy: A View to 2040. Average fuel economy of new cars worldwide is expected to rise from 30 miles per gallon in 2015 to close to 50 mpg in 2040. Energy Demand The company projects demand for all energy types worldwide will rise at an average annual rate of just under 1 perce...

As environmental regulations and stricter fuel economy mandates continue to stack on truck manufacturers, API Group III base oils are increasingly catching the attention of heavy-duty diesel engine oil formulators to bring high-performance finished lubes to fleet operators. Speaking at the ICIS Pan American Base Oils and Lubricants Conference in Jersey City, New Jersey, Mike Brown, vice president of technology at SK Lubricants North America, said original equipment manufacturers have been design...

Haynes Publishing Group, known best for its owners workshop manuals, recently acquired Oats Ltd., a technology business that provides lubricant information and recommendations to equipment operators. The acquisition totaled at 2.4 million (US $2.93 million), with 1.8 million payable in cash upon completion and an additional 550,000 in assumed liabilities. Oats, which stands for oil advisory technical services, was founded in 1983, and sold 10 years later to Sebastian Crawshaw, who has managed th...

Russian oil major Rosneft produced 779,000 metric tons of base oils, finished lubricants and additives combined in 2015, 6 percent more than the year before, solidifying its position as the second-largest lubricant marketer in Russia, according to the companys annual report. Rosneft, in which the Russian government owns a majority stake, said 457,000 tons of the total were finished lubricants marketed on the domestic market by subsidiary RN-Lubricants. The company did not specify the volume of b...