A generally positive outlook for 2013 for the global economy and the oil and lubricants sectors, but the legislators are likely to be the key influencers.
Fires in refineries in Venezuela and Japan are under investigation as Niagra starts to rebuild after last year's fire damage.
Argentina surprised the oil and finance world by 'nationalising' YPF, scuppering a potential Sinopec deal and is now looking to Brazil's Petrobras for production investment
China is set to secure Venezuelan crude imports to secure its oil futures.
Shell sells the majority of its downstream Chilean business to Quinenco and Exxon is set to sell businesses across six countries.
Global forecasts for 2010 growth in real GDP are increased to 4.5% but the recovery rates vary significantly by country even within the dynamic BRIC economies. In Russia, how will the significant increase in car imports impact on the lubricants market?
Aramco expands its Yanbu refinery; Shell and BP consolidate in Africa; Chevron contracts but expands in Sri Lanka; better news for Fuchs; Ford sells Volvo to China; Renault-Nissan join forces with Daimler; and Afton buys Polartech.
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