South America

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 ...

YPF Distributes Chevron Base Oils

YPF Distributes Chevron Base Oils

July 1, 2020

Chevron Products Co. announced a base oil distribution agreement with Argentine energy company YPF S.A., adding its seco ...

North American Grease Production Slips

North American Grease Production Slips

July 1, 2020

North American production of lubricating greases seems to have dipped from 2018 to 2019, according to a survey by the Un ...

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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Isla Talks Stalled by Covid-19

May 22, 2020

The Covid-19 pandemic has delayed negotiations toward a final agreement for the Klesch Group to become operator of Curac ...

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Calumet Returns Payroll Protection Loans

May 15, 2020

Calumet Specialty Products Partners repaid $31.4 million in federal Paycheck Protection Program loans Monday, two weeks ...

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U.S. Lifts Sanctions on Nynas

May 12, 2020

Nynas AB announced Tuesday that Petroleos de Venezuela S.A. sold a 35 percent stake in the company and that the United S ...

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Coronavirus Constricts Lithium Supplier Livent

March 25, 2020

Lithium supplier Livent Corp. suspended operations at its two Argentinian facilities this week in accordance with a nati ...

PdVSA Lube Chief Arrested

PdVSA Lube Chief Arrested

March 13, 2020

The president of Petroleos de Venezuela S.A.’s lubricant business was one of several company officials arrested early ...

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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 ...

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Oil & Politics

February 14, 2020

Latin American countries have been dealing with their share of political turmoil in recent years. Is the unrest suppress ...

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 ...