Russia sees oil majors development in refining and retail.
Gazprom's Omsk refinery continues to develop while Shell is set to double its retail sites.
Gazprom's Omsk refinery continues to develop while Shell is set to double its retail sites.
The latest research shows motor lubes demand is set to grow as Daimler announces a new Russian factory and the used car market flourishes.
The Russian majors are looking to increase Group II and III production at the facilities over the next three years.
Murmansk bunkering is to provide round-the-clock supply as Caterpillar sets up a Singapore marine hub.
RUSAL and Rosneft have signed an agreement for the supply of petroleum coke and natural gas to RUSAL's plants. The Russian Energy Ministry plans to introduce a complex export tax formula for different grades of base oil.
Gazprom is set to further expand its operations in Finland with a new production plant.
Tata Motors has formed a partnership with Total Lubrifiants and Egypt's GB Auto has a distributorship agreement with Gazprom Neft Lubricants.
Despite a shifting lubricants market, Shell and the US retain top billing, although re-refining is starting to influence according to Kline.
European refiners' dominance in West Africa under threat as US producers increase fuel output.
Williston Basin has twice as much oil and three times as much gas as previously estimated.