Global lubes and oil demand continues to rise
Global lubricants demand is set to rise beyond pre-economic crisis levels by 2016, while oil will continue to drive the energy market to 2040 according to latest reports.
Global lubricants demand is set to rise beyond pre-economic crisis levels by 2016, while oil will continue to drive the energy market to 2040 according to latest reports.
Ionic lubricants could potentially be used as additives to the base oil used in motor oil.
RPS Energy's Stuart Speding examines regional economic prospects; how vehicle ownership will driver lubricants growth and the role of distributors and marketing in the next decade.
Global base oil demand fell due to China's reduced need for finished lubes products, says Kline.
Developments in GTL refining could impact the price of Group III base oil according to Kline.
UK independent, Exol, has launched a new heavy-duty diesel to meet Euro and US regs.
The end of the civil war in Ivory Coast may see a boom in oil output over the next five years.
Norwegian Petroleum Directorate is predicting a 5% fall in the nations total petrol output over the next 12 months.
Gazprom starts work on its new blending plant in Finland as Eastern European nations expand and Russian crude output hits record levels.