South America

Additive

Brazil Base Oil Output Edges Higher

May 29, 2024

Base oil production in Brazil increased by 9% in April, according to data released by the National Agency of Petroleum, ...

Moove Profits Rebound in First Quarter

Moove Profits Rebound in First Quarter

May 29, 2024

Cosan’s Moove rebounded with a net profit in the first quarter – after a net loss in the same period last year – o ...

Brazil Base Oil Imports Up Again

Brazil Base Oil Imports Up Again

May 1, 2024

Brazil imported 62% more base oil in March, compared to the same month last year, according to data released Tuesday by ...

Additive

Brazil Base Oil Output Surges

April 24, 2024

Brazil’s base oil production jumped by 66% in March, according to data released this week by a government agency.

Additive

Chile Rerefinery Gains Approval

April 17, 2024

A subsidiary of Chilean energy and forestry company Copec received approval from a local environmental authority to deve ...

Additive

Brazil Base Oil Imports Up in February

April 3, 2024

Brazil’s base oil imports and exports both rose by double-digit percentages in February, according to data released la ...

Higher Sales Power Moove Earnings

Higher Sales Power Moove Earnings

April 3, 2024

Moove achieved large increases in profits and combined lubricants and base oil sales volume for both full year 2023 and ...

Profits Soar for Terpel

Profits Soar for Terpel

March 27, 2024

Colombian oil and gas company Terpel reported large increases in gross profit for its lubricants segment both for 2023 a ...

Brazil Base Oil Output Up in January

Brazil Base Oil Output Up in January

March 13, 2024

Base oil production in Brazil rose 16%, and base oil imports volume ballooned by 47% in January, according to data relea ...

Additive

U.S. Base Oils Dominate Latin America

February 28, 2024

Structural shortages of base oil production in Latin America are attracting imports from other regions, and the market i ...

Additive

Will Nixing of Lubnor Sale Hurt Industry?

February 28, 2024

When Petrobras nixed the sale of its Lubnor refinery last year, it seemingly reduced the likelihood of near-term upgrade ...

Additive

Venezuelan Rebound Draws Interest

February 21, 2024

Amid early signs of a thaw in international relations, Venezuela’s economy and lubricant market have begun to rebound, ...

Special Report: Base Stocks

Special Report: Base Stocks

February 16, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Special Report: Base Stocks

Special Report: Base Stocks

February 13, 2024

Discover how extended producer responsibility in India might affect rerefining in the country, how the automotive indust ...

Brazil Base Oil Imports Jump in December

Brazil Base Oil Imports Jump in December

February 7, 2024

Brazil’s base oil imports volume surged 48% in December, compared to the same month last year, while the full-year 202 ...

Additive

Brazilian Auto Sales Rise

January 24, 2024

New automobile registrations in Brazil jumped 11% last year, with increases for both imports and domestically produced v ...

Brazil Base Oil Output Fell in 2023

Brazil Base Oil Output Fell in 2023

January 24, 2024

Base oil production in Brazil was down again in December, closing out a year in which output dropped 11% compared to 202 ...

Brazil Base Oil Imports Jump

Brazil Base Oil Imports Jump

January 3, 2024

Brazil imported 26% more base oil and exported 8% less base oil in November than in the same month last year, according ...