Tag: Russia

As oil prices and sanctions continue to bite in various parts of the world, Sebastian Crawshaw ponders what next for the US, Europe and Russia, as well as the global lubricants industry.

OATS launches a dynamic new data platform - earlFUSION; the Eurozone could slide back into recession; Russian sanctions bite on automotive industry and the spread of Ebola virus could take a massive toll.

A new Intesmo lubes manufacturing plant has been opened in Volgograd for rail lubes, while Lukoil has launched a new lubes mixer system for shipowners.

Russian partners have signed an agreement which includes factory fill, industrial lubes supply and sponsorship.

Restrictions on the import of fuel and lubricants to Kazakhstan have been lifted but limited to a single operator.

The FIFA World Cup offers pause for thought on global economic, digital and lubricants developments over the past four years and looking ahead to the next tournament in four years time.

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.

The Australian oil recycling industry is waiting to hear whether the government is going to slash a vital subsidy.

Car sales in Russia are predicted to fall by up to 20% in 2014 although AvtoVAZ could increase its domestic share in the long-run

Gazprom is set to further expand its operations in Finland with a new production plant.