No Cause for Concern Over Shell’s Exit
- LUBRICANT
- July 23, 2024
Higher commodity prices, propelled upwards by war in Ukraine, will have a significant economic impact on the region.
READ MORENo Cause for Concern Over Shell’s Exit
READ MOREBy Our Reporter Nigeria’s Dangote Oil Refinery was not designed to meet local base oils challenges, stakeholders in the Nigerian lubricant market told B&L. “Well, any economic development that will affect the general well-being of Nigerians will likely improve the uptake of lubricants,” Taiye Williams, managing director of Lubcon International, told B &L. “I would
READ MOREForex, Base Oil Prices Beset Nigerian Lubricant Market By Our Reporter Stakeholders have identified instability in the foreign exchange market and rising base oils prices on the international market as headwinds buffeting the Nigerian lubricant market. Taiye Williams, managing director of Lubcon International emphasised that the major challenges confronting the Nigerian lubricant market are issues
READ MOREThe Russian-Ukrainean war is causing an upset to the supply of base oils in the Nigerian lubricant market, stakeholders told BND. According to Nigerian lubricant blenders, the war between Russia and Ukraine has led to the opening of shipping routes in the global North, especially the US, Europe, the Middle East, and Kazakhstan. “The Russian-Ukrainian
READ MORENo Cause for Concern Over Shell’s Exit
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