Lubes news
Pipeline delays won’t deter Chinese investors
China continues to pour money into Canada despite oil pipeline delay.
$1 trillion petro-dollar windfall could help China rebalance
Money from oil price fluctuations amongst OECD nations could work in China's favour to boost the country's economy.
China to deploy first deep-see rig.
China is set to deploy its first deep see oil rig in the South China Sea oil fields.
Lubes boom in China continues
Analysts see lubes and grease demand continuing to grow over next five years.
Gazprom gets busy in oil, LNG and marine
Russian energy giant has a busy month announcing lubes deals and a new plant.
ADNOC to build new terminal
ADNOC is to build a new import terminal to help meet UAE fuel demands.
Tags: Lubes news, Middle East
Total goes for Uganda exploration
Total is to invest in exploration in Uganda as part of a partnership deal.
Chevron welcomes Asian retailers and new Canadian lubes facility
Chevron Malaysia is putting more of its Caltex service stations in the hands of retailers, while Crevier announces new facility
Ghana signs $1bn Chinese loan
Ghana will use Chinese finance to develop a major natural gas project.
Quick lube outlets drop, but female-owned mobiles may buck trend
The latest US quick lube and lubes plus rankings reveal a fall in outlets and revenues, but a new Vegas-based franchise may add some dash to a dull market.
Busy time for Chevron in Sri Lanka
Record earnings, a new plant site and political manouverings have kept Chevron Lanka busy at the start of the year.
China installs emergency oil tanks to hedge price volatility forecasts
China is building a second phase of emergency oil storage as forecasts of oil price volatility and continued high demand persist.
China found more oil and gas in 2011
China's annual oil and gas discoveries close to 70 year record high.
Idemitsu Kosan opens Changchun branch
Japanese chemical producer establishes China site.
Asia to drive oil growth in 2012, says IEA
French analysts see drive for oil demand coming from the East
Libya increases exports to China
Sinopec and PetroChina to buy increased Libyan crude output
ENOC opens new lubes plant
Massive new blending and grease production plant in UAE uses the latest technology.
First commercial oil strike in Ireland
The first major oil strike off the coast of Ireland has been announced by a small Irish oil company
BRICs & US oil consumption to top nearly $2,000bn and US synthetics to grow
Two new reports show significant growth in global oil consumption and specific US demand for synthetic lubes and functional fluids.
Total's Nigeran project onstream
Total starts up deep offshore project in Nigeria to boost crude output
BP plant stays idle into April
BP's Cherry Point refinery, one of the largest West Coast refineries, will remain idle until April after a fire
Asia's chemical sector benefits from sales and construction
Singapore and Thailand are set to benefit from a sale and new construction in the chemicals sector.
China's third-largest oil base becomes operational
Sinopec has begun operations at one of China's largest oil reserve bases in Hebei Province.
Sinopec plans massive refinery expansions
China oil major set to boost production and capacity to take on PetroChina
Kuwait and Total reach deal for China refinery
Multi-billion-dollar deal paves the way for new Guangdong province refinery
BP gets go-ahead for deepwater gas exploration
BP and CNOOC are set to collaborate on South China sea drilling.
Renault and Total stay partners
French lubes and auto producers seal an extended OEM partnership
Korea builds new refinery as India negotiates with Iran
Korea is joining with Shell to build a new base oil plant as India sends a delegation to Iran to negotiate oil payments.
New discoveries bode well for Brazil
Oil and gas finds by Repsol and Petrobras look good for Brazil's oil reserves
South Sudan closes supplies as Oryx opens in W Africa
South Sudanese oil suppliers are being shut down, but Oryx boosts lubes production on the other side of the African continent.
Petrobras celebrates record outputs
Brazil's oil producer declares record oil and gas levels for 2011.
Zhenhai closed for maintenance
Sinopec closes largest refinery for repairs with significant loss of output.
CNOOC starts shale gas exploration
China's leading offshore producer begins its first domestic drilling project.
China oil demand forecasts for 2012 lowered
IEA lowers short-term estimates but China still on target to lead world oil consumption.
CNPC aims at further records after declaring overseas milestone
China's largest energy firm announces record output levels, with more to come over the next four years.
Zhejiang to benefit from massive investment
Zhejiang Province is set to benefit from massive domestic investment from China's major oil producers.
Sino-Afghan oil deal signed
CNPC and Afghanistan ink a long-term exploration deal in the Amu Darya Basin.
Sinopec to double overseas output
China's Oil supplier to reach 1m barrels by 2015.
Russian output at record levels
Latest figures show new high in post-Soviet oil output.
Australia starts 2012 with no refineries
Caltex closure brings an end to Australian refining for the present.
Tags: Australia, Lubes news
Pakistan expanding refining capacity
Indications are clear that Pakistan's refining infrastructure is growing
Tags: Asia, Lubes news
CNOOC starts Cambodia drilling
CNOOC announces start of first oil and gas drilling in Cambodia.
Terminal boosts in Oman and Asia
Two new agreements are set to boost lube storage operations in Oman and China
TNK_BP to invest in Arctic pipeline
UK-Russian conglomerate set to boost oilfield and export infrastructure from Yamal region.
Saudi struggles with oil sales to Asia
Asian refiners are reluctant to use recent additional Saudi output
China to fund Costa Rican refinery modifications
China finances Latin American revamp of major refinery
China to match U.S. oil demand by 2040
China's thirst for oil is set to match the US according to a new report.
Chinese deepen oil ties with Kuwait
New plant and increased exports in Kuwait but Libyan investments may stall.
CNOOC to increase LNG and oil sands production
OPTI Canada sale completes as CNOOC builds LNG plant
Chevron and Marathon boost exploration spend
Chevron and Marathon Oil announce significant expenditure plans for 2012 exploration
ConocoPhillips names downstream business
ConocoPhillips has announced the name and location of its independent downstream company.
Repsol builds Group III plant for SK
A Repsol-SK joint venture will boost production of Group III lubricants for Europe.
World Bank predicts severe oil crunch by 2015
World Bank consultant claims oil could exceed $150 within five years.
Shell stays top for fifth year
The latest report from Kline puts Shell top of the table of lubricant producers for the fifth consecutive year and cautions on Asia optimism.
CNPC signs oil deal in Afghanistan
CNPC ignores tough political environment to broker major export contract
Bulgaria re-opens lubes plant
Plama refinery set to become leading producer in the country.
Iran moots avgas exports as Bahrain plant opens
Iran may begin exporting aviation fuel, while a new Group III plant starts up in Bahrain.
Hauxin builds new oil storage
Hauxin China is set to build a new oil storage facility in the South East
China oil demand slumps
Chinese demand for crude and finished products at 10-month low.
BP and partners massive investment in North Sea
BP commits to largest North Sea investment along with key partners to keep oil flowing.
Shell fire hits Asian and global markets
A major fire at Shell's Singapore refinery shuts the plant and hits global crude and naphtha supplies and trading
Pertamina targets Bangladesh
Bangladesh has become the latest export target for Pertamina
China oil consumption to rise dramatically by 2020
A new report forecasts a significant rise in China's oil consumption over the next 10 years.
Uganda oil production edges closer
A three-way "farm down" deal could bring the start of Ugandan oil production to within a few months
World lube demand to rise through 2015
Demand for lubricants is set to rise steadily through to 2015 according to a new report.
US backs Canada pipeline
State Department agrees Canada oil sands pipeline in first stage of approval process
Libyan change could isolate Russia and China
The fall of the Gaddafi regime has started a new oil race in the Libya
Nigeria launches new lubes
Nigeria's AMMASCO has launched a new range of high quality lubes for the domestic market.
Somaliland and Ethiopia look to China deals
Somaliland and Ethiopia are hoping new oil deals with China will help revitalise their economies.
Vietnam produces first Russian oil
VNOGG has begun pumping oil from its Russian oilfield venture.
Global industrial lubes on the up says Kline
Industrial and metalworking fluids are continuing their post-recession recovery, according to the latest Kline reports.
Sinopec to build first plant outside China
China's Sinopec is set to build it's first blending plant outside the country to take on the pan-Asian market
UK set to invest in India after BP block purchase approved
The British Government has pledged to make significant investments in Indian commerce, helped by recent BP purchase approval.
Castrol closes India plant
Castrol closes its production plant in Chennai.
China Oil Demand Growth Slowest in Two Years
China's oil demand has slowed significantly and may stay below forecast levels.
New drilling in Syria
Exploration begins in Itheria four years after licence is awarded
Tags: Lubes news, Middle East
Kyrgyzstn may not suffer from fuel ban
A fuel export ban by the Russian and Kazhak governments may to have a significant effect on local prices
Tags: Lubes news, Russia
Pertamina expands in Asia
Indonesia's Pertamina is expanding its lubes business with a move into Asia's marine sector
Fuchs Russian blending
Fuchs are set to build a Russian blending plant for OEM lubes.
Repsol begins lubes production in Malaysia and China
Production at lubes plants now on-stream in Asian countries as part of a deal with UMW
Grease output up 13%
Grease output for 2010 rose 13% according to the NLGI.
Tags: grease, Lubes news
Statoil discovers crude in Brazil
Statoil has made significant oil discoveries around its Peregrino Field in Brazil.
PQIA forms Advisory Board
New committee to help PQIA to deliver organisation's mission.
OEMs tending towards low viscosity fluids
Regulations will force OEMs to keep up with higher performing fluids
Encana and PetroChina shale deal fails
A potential joint venture for shale gas exploration has failed to materialise for PetroChina
China majors boost Group II production
China's three major oil producers are upgrading operations to increase Group II capacity, with Sinopec announcing an new refinery
South Korea pushes for China lubes market
South Korea's lubes makers are targeting new routes into the Chinese lubes market through the automotive industry.
Shell withdrawal puts Kashagan on thin ice
Shell pulls out of Kashagan oil project leaving it in doubt.
Iraq pushes oil output
Iraq is set to overcome oil infrastructure problems to increase output.
Tags: Lubes news, Middle East
Bumpy road ahead for Ugandan oil?
First oil from Ugandan wells may face transportation issues.
Tags: Africa, Lubes news
China-Russia venture for oil refinery
Chinese and Russian producers are set to build a multi-billion dollar refinery for 2015.
Blaze destroys oil plant
A massive blaze has destroyed the production of plant Australian independent TriTech.
Exxon set for lubes expansion in Indonesia
Exxon-Mobil is looking to expand its industrial lubes business across the country to help improve productivity.
China lubes production continues to grow
Statistics for March 2011 show China's lubes output continuing to grow.
Lexus gains GF-5 certification
Lexus Lubrication Oil Ltd has gained API SN/GF-5 accreditation for its motor oil products.
China lubes to continue annual rise
Forecasts from Sinolub predict a steady rise in the growth of the Chinese lubes market over the next three years.
Mixed news for post-earthquake lubes market
There are mixed fortunes for Japanese lubes production and sales as the country recovers from the earthquake and tsunami.
Great Wall pushes for quality market share
Sinopec is pushing its Great Wall brand to grow its share of the domestic high-quality lubes market despite external pressure.
Chrysler teams up with Shell for dealer lubes
Chrysler is to use Shell lubes and Magneti Marelli parts in its Mopar dealerships including for competitors.
Huge Norway oil find
Norway's oil economy could be revived with a massive discovery by Statoil
Indian lubes growth "not huge" predicts Castrol
Growth in the Indian lubes market will be driven by the automotive sector but won't be "huge" according to Castrol India's COO.
Sinopec JV tops China's production charts
A joint venture between Sinopec and Infineum is topping China's national lube production chart.
Biolubes market set to soar by 2017
The biolubes market will be driven by North America and Europe and is set for significant expansion by 2017 according to a new report.
Shell Pearl plant underway
One of Shell's largest ever infrastructure projects, the Pearl GTL Plant, is on the road to production
Liqui Moly goes mining
Liqui Moly is to expand its product range into the mining sector.
Ghana gains new lubes brand
A new local lubes brand has been launched in Ghana to fill majors name gap
Japan earthquake hits local refineries
The massive earthquake in Northern Japan damaged oil refineries and energy infrastructure and auto manufacture.
Fuchs gains Rolls Royce approval
Fuchs has gained approval for its metalworking products for aero-engine production
Wax production in the balance says Kline
Petroleum wax production is set to decline as other wax types jockey for control of the market according to Kline.
Tags: Kline, Lubes news
Shell opens in Indonesia and closes in Africa
Shell sells a significant amount of downstream operations in Africa as it opens a new lubes plant in Java.
Methanol markets set for growth
New report shows that the Methanol industry is set for signficant growth over the next few years.
Chemtura ups additive production
US specialist Chemtura is to increase its polymer output by the end of Q1
Serbian Base oil plant begins operation
Base oil production started at the NIS plant in Novi Sad.
Mobil Super premium lubes reach the US
ExxonMobil has launched its range of Mobil super lubes in the US.
Chevron to build $1.4bn lubes plant
Chevron is set to extend its largest wholly-owned refinery with a new Base Oil production facility.
Takreer to expand production by 2013
Saudi-owned Takreer is set to expand is refining operations and open a diesel plant.
Saudi ambitions to maximise reserves
Saudi Arabia is rapidly expanding oil products and services to maximise returns on hydrocarbon reserves.
Argus adds US GP III Base Oils
Pricing agency has added US Group III Base oils to its assessment portfolio
Functional Fluids to reach $18bn globally
The functional fluids market, including lubricants, is set to reach $18bn according to a new report.
Tags: Lubes news, Lubricants
China & India to drive Asian base oil markets
A new report keeps China and India in the driving seat for base oils, but the supply landscape may change.
ACEA announces latest Euro oil sequences
ACEA has released its latest European oil sequences list.
Euro vehicle production rises
European vehicle production increased over the first nine months of 2010 according to ACEA
EPA faces another ethanol battle
The US Environment Protection Agency faces another court battle over its 15% ethanol legislation.
Fuchs expands Indian operations
Fuchs is set to increase its share of the Indian lubes market with a news Mumbai development centre.
Shell starts work on Chinese grease plant
Shell has laid the foundations for its largest global grease production plant in Zhuhai, China.
Nigeria loses billons in fake lubes
Nigeria is losing billions of dollars as a result of trade in adulterated and fake lubricants.
Engen moves into Africa as Kline report shows demand increase
Engen has concluded its purchase of Chevron assets in Africa as Kline projects base oil growth in Africa and Middle East to 2019.
China launches coal-to-oil sites
China has announced the inclusion of coal-to-oil projects in its latest energy development plan.
Shell plans marine business in Dubai
Shell is set to launch a large-scale marine lubricants operation in Jebel Ali Port
SK Energy offers window into challenges
A recent meeting with overseas energy companies gives an insight into the South Korean lubes producers' challenges.
Results show lubes and chemical improvements
Quarterly figures from the lubes and chemical produces show positives across both sectors.
Gazprom pushes further into lubes market
Gazprom Neft is expanding its auto and industrial lubricants production to take on Russian Asian market.
Dexos lists published as GM takes on ILSAC
GM's list of licenced products has been published along with some challenging words, but some lubes producers are playing catch-up and Citgo announces GF-5 equivalent.
Lucas Oils heads down under
Lucas Oils is taking its motorcycle lubes brand to the Australian market
Venezuelan unions back lubes nationalisation
Trade unions Venezuela have backed the government's decision to nationalis a major lubes and chemical company.
Tags: Lubes news, S America
Global additives to reach $8.2bn by 2015, US also set to grow
The global petroleum additives market is set to reach $8.2bn within the next five years, with US demand also increasing, according to new reports.
Tags: additives, Lubes news
Baker Hughes/Intertek form alliance as Chevron appoints Azelis
An alliance between Baker Hughes and Intertek is set to enhance cargo treatment additives services, while Chevron Oranite has appointed Azelis as its Euro distributor
Sri Lanka looks to expand
Sri Lanka is looking to double its oil imports to meet demand.
Tags: Asia, Lubes news
Shell leads global lubes market again.
Shell have topped the global finished lubes market for the fourth consecutive year according to Kline.
Valvoline goes for new look
Valvoline has repackaged its EMEA motor oil products.
Cairn finds first evidence of oil in Greenland
Scotland-based Cairn Energy has discovered oil off the coast of Greenland, although the scale is yet to be determined
Exxon stays a GM supplier but Chevron & CITGO nix dexos1
ExxonMobil will continue as GM's US lubes supplier for the next five years as Mobil1 gains global DEXOS licence, but Chevron and CITGO will not go for dexos licences.
Exxon sign long-term Cat and Camping deal
ExxonMobil have signed a multi-year branded lubes deal with Caterpillar and an exclusive deal with Camping World
Tags: ExxonMobil, Lubes news
Afton to launch GF-5 busting motor oil
Afton Chemicals is set to launch a new PCMO to exceed the imminent GF-5 and Dexos standards
North American lubes market in slow recovery says Kline
The North American finished lubes and automotive consumer markets are recovering, but it will be a slow process according to Kline.
Trouble in Adland
Valvoline and Shell are both facing sanctions for advertising authorities over product claims.
New auto lube factory planned for Jordan
An Iraqi investment consortium is set to build a $50m car lube plant in Jordan
Lubes market continues to grow in Bangladesh
Mobil report shows continued lubes growth in automotive and other lubes across Bangladesh
Brazil get rerefinery for Group II
A new plant is set for construction in Brazil to capitalise on the governments drive for oil recycling.
Tags: Lubes news, S America
PIB market set to grow in North America
A new report shows Polyisobutylene volumes in North America will reach 410,000 tons by 2015.
Tags: Lubes news, N America
GL-4 to become obsolete
API will retire the SL-4 lubricant specification at the end of July
Tags: API, Lubes news
Armenia has oil to spare as Belarus builds new gas stations
Solid Armenian production has created a surplus of fuels and lubricants, while Tatneft is to build more fuel outlets in Belarus
Tags: Eurasia, Lubes news
Russian oil to drop as Kazaks opens lubes plant
Russian oil and gas production is predicted to fall from 2012 as Kazakstan opens its first lubes plant.
Tags: Lubes news, Russia
Valvoline shuns Dexos licence
Valvoline says it has no plans to buy licences for its Dexos-standard products.
Busy time for BASF
Chemical giant to seal deal for Cognis and opens PIB plant
Korea and Spain line up new oil plant
South Koera's SK Lubricants and Spain's Repsol are to build a new plant in South East Spain
Independents benefit from new EU rules
Independent lubes suppliers are set to benefit from the new European Union Block Exemption Regulations
Falklands find '"significant"
Rockhopper Exploration has discovered a significant oil field in the North Falkland Basin.
Tags: Lubes news, S America
dexos2 own-brand lubes launched by GM
GM subsidiary, Vauxhall, has launched the first own-brand lubricants range under the new Dexos2 specification
Total plan first Saudi lubes plant
Total is planning a 25,000 metric tonne lubes production plant in Saudi Arabia due to be commissioned in 2012
UEIL announces European Congress
The UEIL has announced the dates and venue of its Annual European Lubricants Congress
Castrol and VW stay united
Castrol has extended its lubes OEM and service contract with VW.
Lubrizol reports on European oil/fuel economy role
Lubrizol has released a report on the role of engine oils in improving fuel economy in Europe.
API SN finally wins approval
API has approved the SN and SN Resource Conserving engine oil categories in line with ILSAC GF-5
China set to hike Base Oil prices
CNPC and Sinopec have announced increases in base oil prices from the beginning of May.
Indian lube quality driven by OEMs
Indian automotive lube market is set to see a dramatic rise in quality, driven by OEM recommendations according to Kline.
Romanian lubes consumption drops
Romanian Lubes consumption dropped by 40 million litres in 2009, with 70% consumption comprising automotive
Ashland builds Valvoline plant
Ashland to build Valvoline packing and blending plant near Mumbai
PQIA to rival ILMA and API?
The Petroleum Quality Assocation of America has been established that could rival ILMA and API's testing programmes.
Dexos licences will pay for $50m development programme
GM's Dexos specification testing to be funded by licence and blending fees.


