Lubes'n'Greases

1 week ago | lubesngreases.com | Simon Johns

Spanish refiner Repsol SA declared force majeure on its domestic base oil operations last week following a massive power outage that plunged not only homes and business but also industrial infrastructure across the Iberian Peninsula. The disruption has added pressure to a global base oils market that is grappling with uncertain market conditions. The declaration came after production was disrupted at multiple facilities, though operations have since resumed.

1 week ago | lubesngreases.com | Simon Johns

Consistent performance by Safety-Kleen helped parent company Clean Harbors edge past first quarter earnings expectations, according to co-CEO Eric Gerstenberg on an investor call last week. Safety-Kleen managed to increase revenues by 5% from a year ago, even though the year got off to a challenging start, beset by extreme weather, according to media reports and stock exchange filings. The company doubled the average price per gallon for oil collection, which had an impact on growth.

1 week ago | lubesngreases.com | Simon Johns

Consistent performance by Safety-Kleen helped parent company Clean Harbors edge past first quarter earnings expectations, according to co-CEO Eric Gerstenberg on an investor call last week. Safety-Kleen managed to increase revenues by 5% from a year ago, even though the year got off to a challenging start, beset by extreme weather, according to media reports and stock exchange filings. The company doubled the average price per gallon for oil collection, which had an impact on growth.

1 week ago | lubesngreases.com | Simon Johns

Saudi-based base oil producer Luberef completed the replacement of its hydrocracker catalyst at its Yanbu site, the company announced in a May 4 filing to the Saudi stock exchange. The announcement came at the same time as it reported a 2.6% year-on-year decline in first-quarter revenue, attributed to reduced sales volumes and margins from byproducts. The company reported first-quarter revenue of 2.13 billion Saudi riyals ($567 million), down from 2.18 billion riyals a year earlier.

2 weeks ago | lubesngreases.com | Simon Johns

Mannol Brake Fluid DOT 4 3002 failed a second round of tests to determine if it meets critical performance standards required for safe vehicle operation. Such performance shortcomings pose severe safety risks, including injury or death. A sample acquired by Verification of Lubricant Standards, a product compliance organization set up by the United Kingdom Lubricants Association, failed all three tests following the original complaint in 2024.