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“Base oil quota is stirring the European market with concerns that the threshold is too low”

After the European Commission’s approved a quota on duty-free API Group II base oil imports, the measure is stirring the European market with concerns that the threshold is too low.

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CIS BASE OILS AND LUBRICANTS
CIS BASE OILS AND LUBRICANTS
Russian base oil exports stabilize
Russian base oil export volumes are off an estimated 1% this year after a 12% decline in 2018 caused by an unusually large amount of maintenance work.
CIS BASE OILS AND LUBRICANTS
Total invests $3 million in the expansion of lubricant production in Kaluga region
Total Vostok is expanding production of lubricants in the village of Vorsino in the Kaluga region of Russia and plans to invest $3 million in 2020.
CIS BASE OILS AND LUBRICANTS
Lubricants management system
Adri van der Ven, ATIEL, presented EELQMS to the lubes industry in Russia.
CIS BASE OILS AND LUBRICANTS
Used oils re-refining globally and in Russia
Interview with Dr. Fabio Dalla Giovanna, Business Development Manager, CMB ITALY - TECHNOLOGY, at CIS Base Oils and Lubricants conference in Moscow.
CIS BASE OILS AND LUBRICANTS
New car sales in Russia expected to reach 1.6m in 2019 — OATS report
2019 new car sales expected to reach 1.6 m in Russia, says the OATS analysts' report.
CIS BASE OILS AND LUBRICANTS
Lukoil Group is absolute volume leader in terms of base oil production capacity and quality — OATS report
CIS BASE OILS AND LUBRICANTS
Rerefinery to be built in Turkey
Turkish waste oil collector Tayras has announced the construction of a plant that will produce an API Group II from used lubricants.
CIS BASE OILS AND LUBRICANTS
Total Lubrifiants launches range of industrial hydraulic fluids from recycled used oil
Total Lubrifiants announces the launch of ECO2, a new range of industrial hydraulic fluids from the circular economy.
CIS BASE OILS AND LUBRICANTS
Global market demand is shifting towards Group II base oils
There is a growing trend in the global base oil market towards a shift in demand from Group I to Group II.
CIS BASE OILS AND LUBRICANTS
American scientists developed a method of processing polyethylene bags into lubricants
A group of scientists from the Argonne National Laboratory in Illinois has developed a method to produce lubricants from single-use polyethylene bags.
CIS BASE OILS AND LUBRICANTS
Shell retains leadership of the global lubricants market for 13th consecutive year
Shell remains the leading global supplier of finished lubricants for 13 consecutive years, according to Kline & Company’s “17th Edition Global Lubricants Industry: Market Analysis and Assessment: 2019 report.”
BLACK SEA
OIL & GAS
Romania permits Lukoil Overseas to start drilling Trident perimeter in the Black Sea
Romania has given Lukoil Overseas Atash. B.V., a Dutch subsidiary of Russia's Lukoil, the green light to start drilling the Trident perimeter of the Romanian waters of the Black Sea.