Business

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PCF Methodology Gets Industry-first Certification

October 17, 2024

Certification agency TÜV Rheinland Energy GmbH has given the thumbs up to the “Methodology for Product Carbon Footpri ...

Dumping Claims May Trigger U.K. Tariffs

Dumping Claims May Trigger U.K. Tariffs

October 16, 2024

Authorities in the United Kingdom are mulling the imposition of import tariffs on certain engine oils and hydraulic flui ...

Moove Suspends IPO

Moove Suspends IPO

October 16, 2024

Lubricant maker Moove postponed its initial public offering on the New York Stock Exchange a few hours before it was due ...

Court Battle for Citgo Goes On

Court Battle for Citgo Goes On

October 9, 2024

Amber Energy Inc. made the successful bid for Citgo, the formerly Venezuelan refiner.

Recycler Vertex Files for Bankruptcy

Recycler Vertex Files for Bankruptcy

October 2, 2024

Vertex Energy Inc., a renewable fuels and environmental services company, filed for bankruptcy last week after its attem ...

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Exxon Enters French Rerefining Arena

September 30, 2024

ExxonMobil's French subsidiary Esso Societe Anonyme Francaise will start rerefining base oil at its Port Jerome facility ...

Is the Lubricants Industry Working for its Workforce?

Is the Lubricants Industry Working for its Workforce?

September 27, 2024

From job satisfaction to retention struggles, ABN Resource explores the findings of its Lubricants Talent Report 2024.

Innovation Is More than New Molecules

Innovation Is More than New Molecules

September 27, 2024

Chemical regulation may be reducing the flow of new molecules into the market, but it has prompted a variety of new appr ...

Stanley Oil Files For Bankruptcy

Stanley Oil Files For Bankruptcy

September 25, 2024

American lubricant distributor Stanley Oil & Lubricants filed for Chapter 11 protection after a prolonged dispute ov ...

RelaDyne Expands in Latin America

RelaDyne Expands in Latin America

September 25, 2024

RelaDyne acquired Oil Flush, an industrial lubrication service provider based in Chihuahua, Mexico. The acquisition furt ...

Fuchs Acquires Swiss Lube Maker

Fuchs Acquires Swiss Lube Maker

September 18, 2024

German lubricant manufacturer Fuchs SE signed a letter of intent to acquire Swiss lubricant company Strub & Co. AG, ...

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Petrobras Wants Refineries Back

September 11, 2024

Petrobras is negotiating to regain ownership of the Landulpho Alves refinery and reverse the previous administration’s ...

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Breaking News: Exxon Opens New UK Distribution Hub

September 10, 2024

ExxonMobil is opening a new supply terminal in Dagenham, United Kingdom, providing an extension in the supply chain for ...

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Fuchs Posts Higher Earnings

September 4, 2024

Fuchs SE’s reported a 9% increase in profits for the first half of 2024 despite a 3% drop in sales revenue that it bla ...

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Pakistan’s National Refinery Still in the Red

September 4, 2024

Rising cost of sales forced National Refinery Ltd, Pakistan’s only base oil refiner, to announce losses of Rs 15.79 bi ...

Regeneration of Fire-Resistant Turbine Oils with the Use of Fuller’s Earth Sorbents

Regeneration of Fire-Resistant Turbine Oils with the Use of Fuller’s Earth Sorbents

September 3, 2024

A Ukraine-based company may have found a more effective way to regenerate aged fire-resistant turbine oils.

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Potential Citgo Buyer Emerges

August 28, 2024

New York investment firm Elliott Investment Management emerged as a likely buyer of Petroleos de Venezuela Holding Inc., ...

New CEO Takes the Helm at Puraglobe

New CEO Takes the Helm at Puraglobe

August 21, 2024

German rerefiner Puraglobe appointed a new CEO, Alois Virag. He replaces the long-serving Andreas Schueppel, who was at ...