Shell Neft is set to incras productions at it's Russian plant as research shows positive consumer sentiment and improved lubes markets
Gazprom's Omsk refinery continues to develop while Shell is set to double its retail sites.
The global legislative drive to reduce the burn of fossil fuels and enhance air quality is setting challenges for the lubricants industry as OEMs are forced to seek alternative power sources for vehicles and other modes of transport. How the industry responds will be critical over the next few years.
Murmansk bunkering is to provide round-the-clock supply as Caterpillar sets up a Singapore marine hub.
Russia's poor automarket will see GM idle its plant in St. Petersburg while Nissan has suspended its production for 16 days, but Ford is deepening its ties in the country.
Russia’s automotive lubricants consumption is set to grow by around 3% annually, according to a report.
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.
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.
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
Record level of service from massive pipeline, with more to come over the next 20 years
-ExxonMobil and Rosneft have signed a Declaration on Protection of the Environment and Biodiversity for Oil and Gas Exploration and Development on the Russian Arctic Continental Shelf.
Lukoil has pulled out of plans to develop Quarna-1, while Israeli court says 'yes' to Meged drilling and Egyptian blocs put up for auction.
Valvoline and parent company Ashland reported mixed Q2 results as a deal is struck with TNK-BP to market lubes in Russia
The Russian vehicle parc is modernising rapidly and lubes producers are having to keep pace with high quality products. Russian producers will need to look at JVs if they are to avoid losing the lubes market to 'Western' produducers.
Two new reports show significant growth in global oil consumption and specific US demand for synthetic lubes and functional fluids.
Gas negotiations are set for a positive outcome while oil pipeline prices are agreed.
ExxonMobil sets a new drilling record and plans expansion in Black Sea exploration.
Russia's Lukoil benefitted from a strong domestic DIY and industrial lubes market in 2010, with SOCAR making the most of increased lubes demand in Azerbaijan.
Report from Russia and Ukraine suggests more attention should be paid to MTBE and ETBE factor co-efficients in gasoline pricing.
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