Brazil

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Petrobras Proceeds with Sales, Group II Project

December 2, 2020

After delays caused by the coronavirus pandemic, Petrobras is moving forward again with plans to divest several oil refi ...

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Brazil Base Oil Output Recovering

November 25, 2020

The COVID-19 pandemic has battered domestic base oil production in Brazil, but the large amount base oils that the count ...

Cosan’s Lube Profits, Revenue Up

Cosan’s Lube Profits, Revenue Up

November 18, 2020

Cosan’s Moove finished lubricants production and distribution segment reported higher income and revenue for the quart ...

Thirst Increases for Motorcycle Oils

Thirst Increases for Motorcycle Oils

October 14, 2020

The global motorcycle oils market is projected to grow by a compound annual rate of 1.5% to 2% during the next four year ...

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Brazil Court Orders Halt to Refineries Sale

September 23, 2020

Brazil’s top court ordered a temporary halt this week to efforts to divest eight refineries owned by national oil comp ...

Decarbonization Could Boost EV Sales

Decarbonization Could Boost EV Sales

September 16, 2020

Electric vehicles could make up 90% of the United States’ passenger vehicle fleet by 2050 if the government and consum ...

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Sale of Petrobras’ Lubnor Delayed

August 19, 2020

Petrobras said recently that the COVID-19 pandemic has delayed its efforts to sell a naphthenic base oil plant in the Br ...

Profits Up for Calumet, Down for Quaker

Profits Up for Calumet, Down for Quaker

August 12, 2020

For the quarter ending June 30, Calumet Specialty Products Partners LP reported a net profit, while Quaker Chemical, Hol ...

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Base Oil Plant Studied in Brazil

July 15, 2020

Two energy start-up companies – Houston-based Oil Group Investments and Rio de Janeiro’s EnP – have agreed to stud ...

Lube Demand Drops in Brazil

Lube Demand Drops in Brazil

June 8, 2020

The Covid-19 pandemic has hammered Brazil’s finished lubricant industry, a consultant said this week, causing a sharp ...

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Petrobras to Exit Colombia

March 4, 2020

Brazils Petrobras said Tuesday that it plans to sell its fuels and lubricants business in Colombia, part of a broader pl ...

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Revenue Up, Income Down for Cosan

February 19, 2020

Moove - Cosans lubricants production and distribution arm - reported higher revenue and sales volumes for the fourth qua ...

Car Sales Mixed in Latin America

Car Sales Mixed in Latin America

February 5, 2020

Vehicle sales for last year were up in Brazil and Colombia but down in Mexico, Argentina and Chile, according to data fr ...

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Petrobras May Add Group II Production

January 22, 2020

Brazilian state-run oil company Petrobras is seeking to add API Group II base oil production in the country through new ...

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Petrobras Mulls Additional Lube Production

January 15, 2020

Brazilian state-run oil company Petrobras is developing a plan to increase lubricant production at its Comperj refinery ...

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Petrobras to Sell Uruguay Business

December 11, 2019

Brazils Petrobras started the process to sell its distribution company in Uruguay so that it can exit the South American ...

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Lanxess Acquires Brazilian Biocide Maker

December 11, 2019

Lanxess acquired Itibanyl Produtos Especiais Ltda., a leading Brazilian manufacturer of biocides, including some used in ...

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PdVSA Secures Short-term Isla Refinery Extension

December 4, 2019

Petroleos de Venezuela S.A. agreed to a short-term lease extension with Refineria di Korsou - the Curacao government ent ...