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Higher cost and lackluster demand saw profits fall last year for a number of companies.
Capacity South America is another small base oil–producing region, with total installed capacity estimated at approxim...
A sample of financial reports showed the industry struggling for profitability in the first six months of 2025.
Brazil’s Vibra Energia kicked off discussions with Cosan S.A. over potentially buying its lubricants business Moove.
Prosecutors in the Brazilian state of Rio de Janeiro opened an investigation into a large Feb. 8 fire at a Moove finishe...
Residents were evacuated from a blaze and fluid leak into Guanabara Bay at the Moove lubricant factory near Rio.
The dust seems to have settled after recent price initiatives affected some base oil cuts. A group of producers called f...
French energy giant TotalEnergies is to sell off its Brazilian fuel retail network to SIM Distribuidora. The company sa...
Lubricant maker Moove postponed its initial public offering on the New York Stock Exchange a few hours before it was due...
Brazilian lube company Moove has registered for a initial public offering on the New York Stock Exchange, confirming rep...
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