Venezuela

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Isla Talks Stalled by Covid-19

Lube Report Americas - May 22, 2020

The Covid-19 pandemic has delayed negotiations toward a final agreement for the Klesch Group to become operator of Curac ...

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Calumet Returns Payroll Protection Loans

Lube Report Americas - May 15, 2020

Calumet Specialty Products Partners repaid $31.4 million in federal Paycheck Protection Program loans Monday, two weeks ...

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U.S. Lifts Sanctions on Nynas

Lube Report Americas - May 12, 2020

Nynas AB announced Tuesday that Petroleos de Venezuela S.A. sold a 35 percent stake in the company and that the United S ...

PdVSA Lube Chief Arrested

PdVSA Lube Chief Arrested

Lube Report Americas - March 13, 2020

The president of Petroleos de Venezuela S.A.’s lubricant business was one of several company officials arrested early ...

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Citgo Under Threat Again After Ruling

Lube Report Americas - October 2, 2019

A United States appeals court lifted a hold Monday on Crystallex International Corp.s efforts to seize shares of refiner ...

Lubricants a Luxury in Venezuela

Lubricants a Luxury in Venezuela

Lube Report Americas - May 22, 2019

Due to the ongoing political and economic crisis in Venezuela, acquiring goods is an uphill battle in the country - and ...

Preferred Bidder Ditches Curacao Talks

Preferred Bidder Ditches Curacao Talks

Lube Report Americas - February 13, 2019

Curacaos Isla Refinery is taking a step back in its search for a new manager after its preferred bidder withdrew from ne ...

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South America Survives Without PdVSA Base Oils

Lube Report Americas - February 6, 2019

The sidelining of base oil plants operated by Venezuelas national oil company may be crippling that nations lubricant in ...

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Isla Refinery Halts Search Amid Probe

Lube Report Americas - January 23, 2019

Curacaos government suspended its impending selection of a new operator for its Isla Refinery until a probe into corrupt ...

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Venezuela Progresses on Settlement to Retain Citgo

Lube Report Americas - November 28, 2018

Venezuela completed an initial payment to defunct Canadian gold miner Crystallex International last week as part of a $1 ...

Venezuelan Market Battered by Economy

Venezuelan Market Battered by Economy

Lube Report Americas - June 6, 2018

Venezuelas economic and political crisis has hammered its vaunted petroleum industry, and the nations lubricant market i ...

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Group Design: Solution to Fuel Economy

Lube Report Americas - May 9, 2018

Group design, a holistic approach or a team effort - however its described, the key to achieving the next set of automot ...