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Monday, June 18, 2018VOLUME 14 ISSUE 25
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Shell Claims Mobil Delvac 1300 Super 15W-40 Does Not Meet API CK-4

Shell announced in a media release that a sample of Mobil Delvac 1300 Super 15W-40 it examined does not meet API CK-4 performance standards or the more stringent OEM standards claimed for the product. Shell said the sample of Mobil Delvac 1300 Super 15W-40 tested did not meet the passing limits for either API CK-4 performance standards, nor the more stringent requirements for Volvo, MACK and Cummins.
[FULL STORY]

Global MCO Demand to Increase at CAGR of Over 3.5% Through 2022

The global demand for motorcycle oils (MCO) is forecast to grow strong at a CAGR of 3.5% through 2022. Three-fourths of the total MCO demand comes from Asia-Pacific, where four countries—India, China, Indonesia, and Thailand—combined account for more than half of the total MCO demand globally.


[FULL STORY]

BP Releases Its Statistical Review of World Energy 2018

Global energy demand grew by 2.2% in 2017, up from 1.2% in 2016, and the fastest since 2013, according to BP's Statistical Review of World Energy 2018 which was released last week. Natural gas accounted for the largest increment in energy consumption, followed by renewables and then oil. Energy consumption rose by 3.1% in China, the largest growth market for energy for the 17th consecutive year.
[FULL STORY]

AVISTA OIL and Slicker JV to Build Re-Refinery in Denmark

AVISTA OIL AG and Slicker Recycling have entered into a partnership to build a 100,000 tons feed capacity used oil re-refinery in Kalundborg, Denmark at the site of an Avista plant damaged by a fire in 2017. Construction of the re-refinery, which will produce Group I+ base oil, is expected to be completed by the end of 2019.


[FULL STORY]

Shell and Chevron Announce Finished Lube Price Increases

Last week, Shell U.S. and Chevron U.S. announced lubricant price increases. Shell announced a price increase of up to 10% on finished lubricants, effective July 16, 2018, while Chevron announced a price increase of all lubricating oils and greases up to 9% effective on August 1, 2018.


[FULL STORY]




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