IEA changes its oil demand forecast
Good news for lubes producers as the International Energy Agency (IEA) revises its oil demand forecast upwards.
Good news for lubes producers as the International Energy Agency (IEA) revises its oil demand forecast upwards.
Ukrain's Azmol has begun insolvency action as it goes out of business.
Shell has begun building a blending plant and grease manufacturing plant in Singapore.
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.
Beijing's tax incentives on overseas EV tech collaboration could also benefit lubes companies
As slower growth puts pressure on big city consumers, middle-income consumers in small cities will drive growth
A series of joint seminars from Shell and Tsinghua University show quality lubes can reduce emissions by up to 25%
A stop-sale order has been issued for Everclear certain lubes in the US.
Sales rocket in south China city thanks to key learning by lubes providers which stresses the importance of local knowledge
Despite a shifting lubricants market, Shell and the US retain top billing, although re-refining is starting to influence according to Kline.